We must spread wealth more evenly for sustained growth

By Billow Kerrow

Last Thursday, the International Monetary Fund (IMF) launched the regional economic outlook for Sub-Saharan Africa (SSA) in Nairobi as it usually does every April. The economies of SSA countries have generally been doing pretty well in recent years and their forecast was even brighter. They were expected to grow by 5.8 per cent next year, driven largely by investments in infrastructure and natural resources. Investments in export-oriented sectors, as well as good performance in agriculture are also important drivers.