Growth in sub-Saharan Africa is projected at 3.6% in 2024, unchanged from 2023, with a modest increase to 4.2% in 2025 — insufficient to significantly reduce poverty or address development challenges. Macroeconomic vulnerabilities persist and inflation remains high in many countries, while elevated public debt and rising debt service costs […]
World News
Chair’s Statement Fiftieth Meeting of the IMFC
October 25, 2024/IMF Mr. Mohammed Aljadaan, Minister for Finance of Saudi Arabia In the context of the Fiftieth Meeting of the IMFC that took place in Washington, D.C. on 24th and 25th October, several IMFC members discussed the global macroeconomic and financial impact of current wars and conflicts, including with […]
AfDB President Calls for Bold, Innovative and Practical Solutions to Tackle Poverty in Africa
Adesina will participate in a meeting of heads of MDBs, hold bilateral meetings with development partners and host a meeting of the Africa Investment Forum’s founding partners October 25, 2024/AfDB Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s fastest-growing continent and hampering achievement of […]
