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Economists seek solutions to Africa’s new challenges

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Aerial View of the city of Nairobi, Kenya's capital city. Photo/FREDRICK ONYANGO

Aerial View of the city of Nairobi, Kenya's capital city. Photo/FREDRICK ONYANGO 

By Johnstone Ole Turana  (email the author)
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Posted  Thursday, November 26  2009 at  00:00

For instance Zambia economy has suffered a severe recession as the global prices of copper its principle export plummeted.

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However, Africa oil producing countries went through the recession with minimal effects as high oil prices enabled them to continue receiving foreign exchange.

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