The road to growth is difficult

February 23, 2015

According to Continental Re, Africa's growth is expected to continue thanks to the strong performance of the sectors of large-scale consumer goods, real estate, telecommunications, and health.

These goods are likely to trigger the expansion of the middle class whose insurance expenses are increasing regularly. This picture is nevertheless tarnished by terrorist and nationalist threats that could have adverse effects on investment.

Another threat: Very low oil prices could cause an economic slowdown in the United States and which is likely to reach the entire world including Africa.

Finally, fiscal and budgetary pressures sustained by some countries are poised to have a negative impact on all sectors of the economy and especially on insurance.


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