Economy

World Bank sees sub-Saharan Africa GDP growth rising to 2.6% in 2017

by Reuters

April 19, 2017 | 1:30 pm
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Economic growth in sub-Saharan Africa is seen rising to 2.6 percent this year and further to 3.2 percent in 2018 and 3.5 percent a year later, the World Bank said in a report on Wednesday.

“The upturn in economic activity is expected to continue in 2018-19, reflecting improvements in commodity prices, a pickup in global growth, and more supportive domestic conditions,” the bank said in its “Africa’s Pulse” report.

Sub-Saharan African growth was an estimated 1.3 percent in 2016, the World Bank said.

 

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by Reuters

April 19, 2017 | 1:30 pm
  |     |     |   Start Conversation

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