The World Bank forecasts Africa’s average economic growth to rise to 3.2 percent in 2018 and to 3.5% in 2019. However, growth will remain below pre-crisis averages, partly reflecting a struggle in larger economies to boost private investment, according to the 2018 Global Economic Prospects of the World Bank released today. The global economic growth is expected to reach 3.1% for the same period. However, policy uncertainty is likely to remain and could slow needed structural reforms. Non-resource intensive countries are expected to expand at a solid pace, helped by robust investment growth.

Source: News Business Ethiopia January 10, 2018 09:21 UTC