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European Journal of Business and Management
We inquire about the forces underpinning the recent gradual economic growth in Africa. Our study covered 41 countries in Africa, cutting across the Western, Eastern, Central, Southern and Northern parts. Our study adopted the fixed effect, feasible generalized least squares (FGLS) and One Step System GMM to estimate the determinants of upsurge in the economic growth in Africa. Our results divulge that aid has no effectiveness on the economic growth of Africa. Further, the study suggests thatdoi:10.7176/ejbm/12-22-09 fatcat:lyufbzgpk5ev5jx2vvzdciidiq