April 14, 2023/IMF Growth in sub-Saharan Africa (SSA) is expected to slow to 3.6 percent as a “big funding squeeze”, tied to the drying up of aid and access to private finance, hits the region. This is the second consecutive year of an aggregate decline in SSA growth. · If […]
World News
World Bank’s Africa’s Pulse: Leveraging Resource Wealth During the Low Carbon Transition
April 11, 2023/World Bank Group The April 2023 edition of the Africa’s Pulse shows growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the underperformance of the continent’s largest economies, high inflation, and a sharp deceleration of investment growth – and is insufficient to reduce […]
April 2023 World Economic Outlook: A Rocky Recovery
April 11, 2023/IMF The outlook is uncertain again amid financial sector turmoil, high inflation, ongoing effects of Russia’s invasion of Ukraine, and three years of COVID The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in […]
