Nigeria Absent from AfDB's Strong African Growth Forecasts for 2024

• Nigeria missing from AfDB's list of 11 African countries expected to see strong growth in 2024, with projections of 11.2% for Niger and 6-8% for several others • IMF reduced 2024 forecast for Nigeria to 3% growth, down from 3.1% projected in October 2023 • AfDB projects 3.8% average real GDP growth for Africa in 2024 and 4.2% in 2025, higher than global averages • AfDB president cites rising cost of living, tightening financial conditions, climate change among challenges facing Africa • AfDB calls for larger financing pools, policy interventions to boost Africa's growth amid cautious optimism on economy