Africa Economics

Africa Economic Outlook

10 October, 2017

A multispeed recovery

We expect that economic growth in Sub-Saharan Africa will continue to accelerate in 2018. This recovery will be driven largely by faster growth in the region’s three biggest economies – Nigeria, South Africa, and Angola – all of which have suffered slowdowns in recent years. Indeed our views on South Africa are significantly more bullish than the very down-beat consensus forecast. Performance elsewhere in the region will be mixed, but we expect that growth will accelerate in Ethiopia, Kenya

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