Posted 1/9/2024, 3:41:22 PM
IMF: Sub-Saharan Africa to Dominate World's Fastest Growing Economies in 2024
- IMF predicts 6 of the top 10 fastest growing economies in 2024 will be in Sub-Saharan Africa
- Regional African growth expected to improve to 4% in 2024 from 3.3% in 2023
- Ivory Coast has the highest 2024 GDP growth forecast at 6.6%
- Ethiopia, Tanzania, Uganda, and Kenya also have strong 2024 GDP growth forecasts above 5%
- Nigeria, Ghana, and South Africa have relatively lower but still positive GDP growth forecasts between 1.8-3.1% for 2024