April 17, 2023/Coronation Research The IMF in its latest World Economic Outlook (WEO) has trimmed its global forecast for 2023 to 2.8% y/y from 2.9% y/y predicted in its January ’23 WEO. For 2024, the growth projection was revised downwards to 3.0% y/y from 3.1% y/y. The IMF noted that […]
World News
IMF’s Sub-Saharan Africa Regional Economic Outlook: The Big Funding Squeeze
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 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 […]
