Healthy competition should be the growth driver for sub-Saharan Africa
The economic slowdown comes at a time when countries need to grow at a much faster pace to create jobs for 20-million young people
22 October 2019 - 14:37
Heightened trade and geopolitical tensions have resulted in a broad-based global economic slowdown. Sub-Saharan Africa is also feeling the consequences of this more challenging global environment.
While growth in the region is expected to continue at 3.2% in 2019, it is weaker than what we projected six months ago. Importantly, it is not just a few countries affected. Growth has been revised down in two-thirds of the countries in the region, albeit by a modest 0.3 percentage points on average...
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