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World Bank raises Africa’s 2026 growth forecast, urges AI investments

The bank said growth in nearly three-quarters of countries was upgraded as it warned that faster expansion has yet to reduce poverty.

Summary by WTVB
By Duncan Miriri NAIROBI, Oct 6 (Reuters) - The World Bank has raised Africa's 2026 economic growth forecast to 4.3%, citing stronger performance across the region, and urged governments to embrace artificial intelligence to boost productivity and crea...

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World Bank raises Africa's 2026 growth forecast, urges AI investments

·London, United Kingdom
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In the October Africa Economic Update report, the World Bank forecasts that sub-Saharan Africa's growth will increase from 4.1% in 2025 to 4.3% in 2026, a high-level review of 0.3 percentage points compared to the April issue, with the revised high-level forecasts for 35 of the region's 47 countries, including Angola, Ethiopia, Nigeria and Zambia.

·Lisboa, Portugal
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WTVB broke the news on Tuesday, October 6, 2026.
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