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World Bank upgrades Sub-Saharan Africa growth forecast

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The World Bank raised its 2025 growth forecast for the region to 3.8% from 3.5%.

Breakdown
  • World Bank expects Sub-Saharan Africa to grow by 3.8%, up from earlier forecasts.
  • The upgrade is due to lower inflation and improved foreign trade. 17s
  • Growth is projected to average 4.4% annually over the next two years. 29s
  • Major economies like Ivory Coast, Ethiopia, and Nigeria are driving the improvement. 32s
  • The World Bank warns of ongoing risks from high debt, job shortages, and global policy uncertainty. 39s
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