In the midst of a generally gloomy outlook for the global economy in 2024, the World Bank has sounded a particularly downbeat note of concern for the prospects for sub-Saharan Africa. At the regional level, sub-Saharan African gross domestic product (GDP) is forecast to grow in line with the average for emerging markets and developing economies as a whole — faster than the global average and that of advanced economies such as the US and Japan (see table).

Source: The North Africa Journal January 22, 2024 09:48 UTC