Answer:
The key factors explaining Africa's disadvantage at the firm level are lack of infrastructure, access to finance, and political competition. In the 1960s, Africa's economic growth was similar to South Asia (Collier and Gunning 1999a).
Africa to be the world's second-fastest growing economy, and estimates that average growth will rebound to 3.4% in 2017, while growth is expected to increase by 4.3% in 2018.
