The African Development Bank is warning that the rising cost of energy, food and other commodities in several African countries, including Angola, Ethiopia and Kenya, could trigger social unrest. The African Development Bank's notice was contained in its biannual Africa Macroeconomic Performance outlook publication released last week. Security analyst Senator Iroegbu agrees with the African Development Bank's projections. The African Development Bank said Africa has several rapidly growing economies, such as Ivory Coast, Libya, Niger, Rwanda and Senegal. The African Development Bank says economic growth in Africa is expected to average 3.8% and 4.2% in 2024 and 2025, respectively — higher than projected global averages in the same period.

Source: Ethiopian News February 21, 2024 00:33 UTC