African Economies Set for Robust Growth, 15 Countries Post Over 5% Expansion
• Africa will account for over half of the world's 20 fastest-growing economies in 2024, with average GDP growth of 3.8-4.2% • Niger, Senegal, Libya, Rwanda, and Côte d’Ivoire top the list of 10 fastest-growing African economies • 15 African countries have posted economic growth over 5% despite challenging global conditions • Africa is poised for growth due to its young population and advances in technology • The African Development Bank report forecasts continued moderate recovery across Africa's regions through 2024