World Bank Report: Africa on Course to dent poverty

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Many of the african economies are looking to be on track to meet the MDGs. There is a dent in the poverty levels . The World Bank is saying that this dent is "encouraging". Adfrica's ability to sustain and to diversify those sources of growth will be the determining factor in meeting the MDGs. The AGI(Agricultural Development Indicators) identifies also a lagging infastructure which is important for this country to emerge from the level of poverty and grow in the future. A poor infastructure is partly because of high business costs which are incurred on African Co. This cost is 3 times higher than the same costs in India and China. It makes up about 22 billion dolars infrastructure gap. Africa's economy emerges as being slightly skewed towards commodities. 7oil producing countries account for more than half of all exports and about 60 % direct investment.Kenya has a booming trade going on with cut flowers .They have made this the 2nd largest import in Africa foloowing close behind tea. This is a example of successful diversification. This country is also learning to trade more effectively with other countries.Only time will tell if this trend will continue and Africa can meet it's MDGs for 2015.