Sub-Saharan Africa Outlook subject to significant downside risks
LAGOS (Capital Markets in Africa) – The World Bank projected economic growth in Sub-Saharan Africa (SSA) to accelerate from 2.4% in 2017 to 3.2% in 2018 and to average 3.6% annually during the 2019-20 period, supported by an increase in commodity prices and stronger domestic demand. Still, it expected the region’s growth rate to remain below the pre-global financial crisis level, as Angola, Nigeria and South Africa, the region’s largest economies, continue to face challenges….
Read More