Economics

Star of Africa in 2018 Lenders’ Economic Forecasts Is Ghana

  • Ghana’s GDP growth to surpass that of Ethiopia and Ivory Coast
  • The West African nation became an oil producer in 2010
Road traffic passes business advertisements for Zenith Bank Plc and MTN Group Ltd. sit on a busy highway in Accra, Ghana.Photographer: Ty Wright/Bloomberg
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Africa’s likely star economic performer this year isn’t in much doubt, according to all three of the international lenders focusing on the continent.

Ghana’s post-election upswing now is looking so strong that the country is poised to take the lead as Africa’s fastest-growing economy this year -- for the first time in at least three decades.