Sub-Saharan Africa

Amid a global slowdown, growth in Sub-Saharan Africa (SSA) is expected to reduce to 3.6 percent before rebounding to 4.2 percent in 2024, the International Monetary Fund (IMF) has said. The IMF Regional Economic Outlook for SSA: “The Big…

Sub-Saharan Africa’s economy is expected to expand by 3.3% in 2021 after a contraction of 2% in 2020, the World Bank said on Wednesday. According to analysis in the Pulse, the World Bank’s twice-yearly economic update for the region, the…

The International Monetary Fund (IMF) has projected economic activity in Sub-Saharan Africa to grow by 3.4% in 2021. "In 2021, the region’s economy is expected to resume expansion at 3.4 percent, weaker than the 6 percent for…

The International Monetary Fund (IMF) has urged countries in Sub-Saharan Africa to do more domestically to increase tax revenues and improve the quality of spending. Kristalina Georgieva, the Managing Director of IMF, made this known in…

The World Bank group says that the output in Sub-Saharan Africa dipped by an estimated 3.7% as a result of the COVID-19 pandemic and associated lockdown measures, which disrupted activities in most countries in the region. This analysis…

The Sub-Saharan Africa is forecast to experience economic growth of 2.7 per cent in 2021 as it rebounds from its first recession in 25 years,  The World Bank group made this statement as they confirmed that the regional output dropped by…