Sub-Saharan Africa to See Modest Growth in 2025, Says World Bank


The World Bank projects a modest uptick in sub-Saharan Africa’s economic growth, forecasting a rise from 3.5% in 2024 to 3.7% in 2025. While that places the region among the few globally expected to see improved growth, alongside the Middle East and North Africa, the gains come with caveats. The outlook hinges on easing inflation, stable external conditions, and a reduction in regional conflicts. Despite the slight boost, the growth rate remains below the region’s historical average and is unlikely to significantly reduce extreme poverty. The report highlights that while progress is possible, it remains fragile and uneven, signaling the need for sustained reforms and improved socio-political stability to unlock broader development.

SEMAFOR

Leave a Reply

Your email address will not be published. Required fields are marked *