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In 2021, Sub-Saharan Africa emerged from the recession, but its recovery is still timid and fragile. The region is projected to grow at a rate of 3.3 percent - a weaker pace of recovery than that of advanced and emerging market economies. In 2022–23, the region is projected to grow at rates...
Persistent link: https://www.econbiz.de/10012701089
Sub-Saharan Africa's recovery from the pandemic is expected to decelerate in 2022 amid a slowdown in global economic activity, continued supply constraints, outbreaks of new coronavirus variants, climatic shocks, high inflation, and rising financial risks due to high and increasingly vulnerable...
Persistent link: https://www.econbiz.de/10013254934
African economies are facing a series of challenges to their post-pandemic recovery. Economic activity in the region is slowing to 3.3 percent amid global headwinds, including weak global growth and tightening global financial conditions. Elevated inflation rates and resulting policy tightening,...
Persistent link: https://www.econbiz.de/10013545031