The World Bank said it will be meaningless for Zambia and other countries in Africa to praise their economic growth if the growth is not affecting local people.
(adsbygoogle = window.adsbygoogle || []).push({});Development should be taken to rural areas where people are facing challenges, Francisco Ferreira, World Bank’s Chief Economist in Africa said at the launch of the Africa Pulse report.
(adsbygoogle = window.adsbygoogle || []).push({});He said Zambia and other African nations should ensure more investment in rural infrastructures such as roads in order to open up small-holder farmers to markets.
Meanwhile, the official has said Zambia’s economy is likely to be affected if the demand for copper remains weak.
According to the Pulse report, the sub-Saharan African region’s economic growth is expected to reach 5.2 percent this year, an increase from last year’s 4.7 percent expansion.
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