Over the past decade sub-Saharan Africa’s real GDP growth rate jumped to an annual average of 5.7%, up from only 2.4% over the previous two decades. That beat Latin America’s 3.3%, but not emerging Asia’s 7.9%. Asia’s stunning performance largely reflects the vast weight of China and India; most economies saw much slower growth, such as 4% in South Korea and Taiwan. The simple unweighted average of countries’ growth rates was virtually identical in Africa and Asia. Over the next five years Africa’s is likely to take the lead. In other words, the average African economy will outpace its Asian counterpart.
Short-hop regional flights could be running on batteries in a few years.
The artifacts were often made from found objects – an Ivory dish-soap bottle transformed into an earthenware figure.
On New Year’s Eve 1899, the captain of this Pacific steamliner sailed into history. Or did he?