4 Articles
4 Articles
Economic Growth is Speeding Up in Africa, but Uncertainty Clouds Outlook - Global News Network Liberia
WASHINGTON, April 23, 2025 – Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027. This growth is mainly due to increased private consumption and investments as inflation cools down and currencies stabilize. The median inflation rate in the region declined from 7.1% in 20…
Sub-Saharan Africa GDP Growth Declines in 2025
The International Monetary Fund projects sub-Saharan Africa’s GDP growth to slightly decline from “4% in 2024 to 3.8% in 2025,” according to the latest World Economic Outlook. South Africa and Nigeria have been revised downwards, with the IMF anticipating “deteriorating investor sentiment, lower crude oil prices, and an anticipated global slowdown.” Economic growth in sub-Saharan [...] The post Sub-Saharan Africa GDP Growth Declines in 2025 appe…
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