A new report indicates that Africa continues to register growth economically, from 3.7% in 2013 to 3.9% in 2014. The report stated that:

For Sub-Saharan Africa, 2015 is a turning point. The summits on sustainable development, financing and climate change are swinging the spotlight not only onto Africa’s needs to accelerate development and adapt to global warming, but also onto the region’s urgent energy crisis.

The survey by the United Nations Economic Commission for Africa attributes the success to an increase in investments on the continent, exportation of natural resources and raw material which bring in a lot of foreign exchange.

It however recommends that countries on the continent embrace industrialization to process raw materials, add value onto them and help improve earnings and create more jobs on the continent

Hopestone Chavula the Economic Affairs Officer at the United Nations Economic Commission for Africa presented the research findings at EPRC offices at Makerere University and said ten countries were surveyed and these included Uganda, Chad, Congo Brazaville, Mozambique, Tanzania and Nigeria.