A slum in Sub-Saharan Africa.
The Overseas Development Institute (ODI) predicts that sub-Saharan Africa will be home to 90 percent of all children living in poverty and 43 percent of all impoverished people worldwide by 2030.Borgen Magazine

World Bank Lowers 2024 Economic Growth Forecast for Sub-Saharan Africa

Economic Outlook Dims for Sub-Saharan Africa: World Bank Cites Conflict, Natural Disasters, and High Debt
Updated on

The World Bank has dropped its economic growth forecast for Sub-Saharan Africa by 0.4 percent due to Sudan's ongoing civil war, which has ravaged its economy.

Lowered from a forecast of 3.4 percent to 3 percent, next year's outlook is much higher at 3.9 percent—compared to the 2.4 percent forecast of 2023.

Loading content, please wait...
Atlas
theatlasnews.co