African Development Bank projects 4.1% growth for the continent

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African Development Bank projects 4.1% growth for the continent

The NewsAfrica’s economy is expected to grow by 4.1% this year, the African Development Bank projected, a 0.9-percentage-point rise from 2024. The improvement will be driven by economic reforms in several countries, AfDB wrote, predicting improvements in inflationary pressures as well as fiscal and debt positions. The World Bank has projected an average of 4.2% growth in sub-Saharan Africa this year and next. South Sudan is projected to record t…

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Antananarivo, 19 February, 9.30 a.m. – Madagascar is expected to record an average growth rate of 4.9% between 2025 and 2026, according to the forecasts of the African Development Bank (ADB). The average rate of inflation in the country during this period under review will have to be 7%, according to what this pan-African institution put forward in its report on Africa's Performance and Prospects, published in January. The AfDB thus places Madag…