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World Bank optimistic about Africa's economic growth despite challenges

NAIROBI, KENYA: Significant public investment in infrastructure, increased agricultural production and expanding services in Africa's retail, telecoms, transportation and finance sectors are expected to continue to boost growth in the continent.

This increase in growth is expected to occur despite lower commodity prices and lower foreign direct investment as a result of subdued global economic conditions, according to the World Bank's new Africa's Pulse report.

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