An excerpt:
"Jakayo Kikweke, president of Tanzania, told those gathered in Dar es Salaam that the economic gains made across the continent in recent years are now under threat due to the global slowdown.
"There are growing worries about the potential effects of the global financial meltdown, coming so soon after the food and oil crisis," he said.
"Only a few years ago the prospects for sub-Saharan Africa seemed so bright; for the first time in two decades the region was growing at the same rate as the rest of the developing world, except China and India," he said.
The IMF's assessment comes a day after the World Bank said that developing countries face a financing gap of $270bn to $700bn this year as trade income dwindles and rich nations vie for capital to deal with the global economic slowdown."
Seen. Except... who is "Jakayo Kikweke"? Pretty sure that ain't my President.
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