Courtesy of Semafor, an article on Africa’s growth prospects in 2024:
Sub-Saharan Africa’s economy is expected to grow by 3.8% in 2024, the World Bank said in a new report. Growth in the region slowed to 2.9% in 2023, from 3.7% and 4.4% in 2022 and 2021, respectively. All but two of the 48 economies in the region will experience positive growth this year. But the expectation for growth is tempered by the threat of rising political instability and more intense conflict in the Middle East, the report said. Niger is projected to experience the highest growth, at 12.8%. Dominik Peschel, a senior economist at the World Bank, told Semafor Africa the predicted rebound in Niger would depend on various factors including the lifting of sanctions against the junta that seized power last July, the return of international development financing, and large-scale oil production and exports.