Thursday, November 21, 2024

African Economic Outlook 2016 Highlights Nigeria’s ‘Weak Links’

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The theme of the 2016 African Economic Outlook (AEO) report is Sustainable Cities and Structural Transformation. The joint report by the African Development Bank (AfDB), OECD and UNDP notes Nigeria’s rapid growth has led to increased unemployment and income inequality due to poor urban planning and weak links between structural transformation and urbanisation.

The report was launched in Nigeria by the Nigeria Country Office of the AfDB at an outreach event held at the Ahmadu Bello University in Zaria. Read more. More about AfDB in this BRIEFING. The theme of the 2016 African Economic Outlook (AEO) report is Sustainable Cities and Structural Transformation.

The report looks closely at Africa’s distinctive pathways towards urbanisation, and how this is increasingly shifting economic resources to more productive activities. The publication covers all 54 African nations, with individual country notes and corresponding statistical annexes.

 

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