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Africa: World Bank Lowers Sub-Saharan Africa Growth Forecast On Sudan Conflict

Source link : https://www.afric.info/2024/10/16/news/africa-world-bank-lowers-sub-saharan-africa-growth-forecast-on-sudan-conflict/

TLDR World Bank revises 2024 Sub-Saharan Africa economic growth forecast to 3% due to ongoing civil war in Sudan impacting regional activity. Conflict in Sudan displaces 11 million people and causes economic collapse, with Sudan’s economy projected to contract by 15.1% in 2024. Excluding Sudan, Sub-Saharan Africa expected to grow by 3.5% next year, with […]

Author : AFRICA-NEWS

Publish date : 2024-10-16 14:16:34

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