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Sub-Saharan Africa: The growth of countries on the rise in 2024

30/04/2024
Source : ORISHAS-FINANCE
Categories: Rate

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The director of regional studies at the International Monetary Fund (IMF), Luc Eyraud, indicated on Monday that the growth of sub-Saharan African countries should increase from 3.4% in 2023 to 3.8% in 2023 to 3.8% in 2024, then to 5% in 2025.

The director of regional studies at the IMF in charge gave an update on his institution's forecasts for the economic prospects of sub-Saharan Africa in the years to come. According to his estimates, nearly two-thirds of countries in sub-Saharan Africa should expect higher growth, including Niger, which is expected to record the highest growth in sub-Saharan Africa this year. The IMF forecasts that its real Gross Domestic Product (GDP) could reach 10.4% at the end of 2024, which is explained in particular by its revenues from oil exploitation

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