Think Tanks et al
Center for Global Development
Accessed 22 April 2017
The “Big Bond”: How to Maintain African Growth While Reducing the Fiscal Burden on Donors
Nancy Birdsall and Ngozi Okonjo-Iweala
Sub-Saharan African countries are at a critical juncture. With China’s slowdown and the collapse in commodity prices, growth slipped to 3.4 percent in 2015, on average just over half what it has been for the past 15 years. Estimated growth for 2016 is below the population growth rate of about 2 percent, thus negative in per capita terms.