Africa's Economy

African countries have not been isolated from the impact of the downturn in global growth. The current financial and economic crisis has affected the drivers of Africa’s recent growth performance. Demand for raw materials and their prices are falling, and capital flows are declining. China’s growth has slowed, and on the African continent growth forecasts have already been drastically revised downwards. Although the immediate impact of the crisis were contained, the medium-term effects are likely to be greater. To discuss the current economic situation on the African continent we are joined by a team of esteemed guests in the name of?Patrick Bond: Economic Analyst (STUDIO GUEST) Majakathata Mokoena: Chair and Chief Executive Officer for Mohudi Group Dr Peter Karungu: Economist