The World Bank has projected growth for Sub-Saharan Africa to remain at below 4 per cent for 2022 and 2023.
The latest projection for the economy of Sub-Saharan Africa(SSA) is cointained in the latest edition of Africa’s Pulse’s. The twice-yearly economic update for SSA indicated that Nigeria and others will continue to lag behind the recovery in advanced economies and emerging markets, reflecting subdued investment in SSA.
The analysis in the Africa’s Pulse, stated that SSA is set to emerge from the 2020 recession sparked by the COVID-19 pandemic with growth expected to expand by 3.3 percent in 2021, just one percent higher than the April 2021 forecast…
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