Sub-Sahara Africa rising out of poverty

The World Bank says Sub-Sahara Africa is showing economic growth that could lift thousands of people out of poverty. Releasing its 2006 World Development Indicators report on Saturday, the bank said growth in the 48-country region hit four-point-eight percent in 2004, exceeding the global growth rate of four-point-one percent in the same year. Associated Press reports that 2004 was the last year covered by the survey. According to the report the trend is expected to continue this year as many African countries pursue sound economic policies, develop a good investment climate, battle corruption and use aid more effectively. The bank regards the report as the world's most authoritative set of development statistics.

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