by Xinhua Writer Zhu Shaobin
NAIROBI， April 12 (Xinhua) -- The slumps in commodity and oil prices， weaker-than-expected global growth， and climate change-induced disasters are holding back Africa's growth， raising concerns over the region's vulnerability to external shocks， and capacity to nurture new growth drivers.
The International Monetary Fund (IMF)， in its April World Economic Outlook Update released on Tuesday， cut global growth projection for 2016 to 3.2 percent， a 0.2 percentage point downward revision from its January update.
Meanwhile， it projects only a modest 3-percent growth this year for the sub-Saharan Africa (SSA) region， after regional growth slowed to 3.4 percent last year from 5.1 percent the year before.
Nigeria and South Africa， the top two economies in Sub-Saharan Africa that account for more than half the region's gross domestic product， appeared to be the drag on regional growth last year.
Growth for Nigeria， the region's largest oil exporter， fell sharply to 2.7 percent last year from 6.3 percent in 2014 while South Africa， the region's major mineral exporter， saw growth further slide to 1.3 percent in 2015 from 1.5 percent a year before， IMF data revealed.
Reports from other regional economies dependent on resources were no better. The African Development Bank estimated growth in Equatorial Guinea， a leading regional oil producer， contracted more than 8 percent last year after more than a decade of high growth spurred by an oil boom. The doldrums in the copper sector also left almost 9，000 workers out of jobs in Zambia last year.
The message from these setbacks is clear: the regional economies must seek a paradigm shift in economic development so as to defend themselves against negatives from other parts of the world. There are examples of peers in the region doing better against the headwind.
Economies which put high public investment in infrastructure and agriculture such as Ethiopia， prove to be more resilient from the regional slowdown， with the World Bank projecting Ethiopia's growth to hit 10.2 percent this year. In east Africa's tourism hub Kenya， where the economy is more diversified and witnessing rising infrastructure investment， growth is forecast to reach 6.3 percent in 2016， according to the Treasury.
In positive signs， monetary authorities in Zambia have revealed its policy stance in favor of developing agriculture to compensate for volatile copper prices， while in Nigeria， the oil price slump warns of an urgency to reduce the economy's over-reliance on oil.
"The current difficulty is forcing the government to change growth model and diversify its economy so as to advance industrialization，" said Mohammed Jamu， a parliamentary legal advisor in Nigeria.
Efforts in this regard can also be seen as Nigerian President Muhammadu Buhari is paying a five-day state visit to China that began on Monday. The visit is aimed at securing greater support from China for the development of Nigeria's infrastructure such as power， roads， railways， aviation， water supply and housing.
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