Africa’s growth to outperform developed markets, says AfDB
The continent’s GDP growth is projected to average about 4% in 2023 and 2024 — higher than the projected world averages of 2.7% and 3.2% in 2023 and 2024, respectively
19 January 2023 - 21:35
The African continent is projected to outperform the rest of the world in economic growth in 2023 and 2024, the African Development Bank (AfDB) said on Thursday.
Speaking at the launch of the new biannual publication, “Africa Macroeconomic Performance and Outlook”, which will be released in the first and third quarters of every year, bank president Akinwumi Adesina said that despite global volatility Africa’s economic outlook is stable...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.