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Western Africa has experienced the highest growth in FDI inflows (20%) in Africa since 2000 which has translated into accelerated economic growth. However, increased FDI inflows are not always associated with improved economic growth as seen in the case of Northern and Central Africa.
Recent political unrest in Northern African states such as Libya, Egypt and Sudan have led to decreased economic growth. Meanwhile, high levels of economic growth in Central Africa can be attributed to Angola’s accelerated economic growth due to increased oil production and exports as well as the end of civil unrest in the country in 2002. Angola has experienced one of the highest economic growth rates on the continent over the past decade.