Sub-Saharan Africa Faces Slower Growth as Us-Iran War Raises Costs
11 Articles
11 Articles
Sub-Saharan Africa Growth Steady at 4.1% but Risks Mount – World Bank
By Haddy Touray Sub-Saharan Africa’s economic recovery from a decade of global shocks is showing signs of slowing, with growth projections for 2026 revised downward by 0.3 percentage points from October 2025 estimates, according to the latest Africa Economic Update, the World Bank Group’s biannual report on the region. Geopolitical tensions, including the conflict in the Middle East, high debt burdens, and longstanding structural constraints, co…
The World Bank has lowered its growth forecasts for sub-Saharan Africa, anticipating an expansion of 4.1 per cent in 2026, compared to 4.4 per cent expected in October, in a context of rising energy costs and increased uncertainty related to the conflict between the United States and Iran. According to a report published on Wednesday 9 April by the Washington-based institution, growth is expected to remain at 4.1 per cent in 2026, as in 2025, bu…
World Bank cuts growth forecast for Sub-Saharan Africa to 4.1% for 2026
The World Bank on Wednesday cut the growth forecast for Sub-Saharan Africa for 2026 in a report, saying the fallout from the Iran war was stalling the region’s recovery. The lender now expects growth of 4.1 per cent in 2026, unchanged from 2025 but down from the 4.4 per cent the World Bank forecast in October. The bank said numbers were revised down since the war in the Middle East broke out in late February, pushing up fuel and fertilizer co…
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