BVO - It's a growth rate Europe can only dream of.
But at 5 per cent, Africa didn't do quite as well as expected in 2013.
Economist David Shapiro.
DAVID SHAPIRO, ECONOMIST
"We are a kind of economy that can't grow at those numbers. We need much higher growth. Some of our problems are on the export side, on the mining side, you know that we have got labour issues there. So put all these together, foreigners are beginning to stand back and re-look.."
Some issues cut across national boundaries.
And both saw their local currencies sold in huge quantities in favour of the US greenback in what economists dub the 'dollarisation' of their economies.
And then there's China, the continent's major trading partner.
Struggling with its own slowdown, growth heading for its weakest in two decades.
ALY KHAN SATCHU, ECONOMIC ANALYST
"It is going to hit Africa quite hard, in particular those countries which have got a very deep trade relationship with China. And they are not difficult to spot - they're like Angola, Zambia with the copper and a number of others."
And in doing that, for countries like Ethiopia to encourage a stronger, more vibrant private sector.
Growth there has been propelled by huge spending on public infrastructure projects.
"If you facilitate public investment and you give credit to public investment projects, that obviously is great for public investment but that credit can then not be unlent to other, for instance, private investment projects. And that's an area where a deliberate choice is being made and what we are saying is, maybe there are some really good private investment projects out there that could deserve to get that credit."
Growth in 2014 is expected to perk up to around 5.3 per cent in sub-Saharan Africa.
And with the global economy showing signs of recovery, economists are confident of good prospects further ahead.
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