East Africa leads the way as continental economy rebounds
Tanzania, April 10 -- Dar es Salaam. The World Bank (WB) projects that the East African sub-region will experience the fastest pace of economic growth in sub-Saharan Africa during 2024 and 2025.
According to the April 2024 edition of Africa's Pulse, a biannual survey of African economies, the economic growth in sub-Saharan Africa is expected to accelerate to 3.4 percent in 2024 rising from a low of 2.6 percent in 2023 and further to an average rate of 3.9 percent in 2025.
Within the region, the EAC countries alone are expected to be on the forefront with the community expected to grow at an average of 5.3 and 5.8 percent in 2024 and 2025, respectively.
This according to the WB is thanks to robust growth in the Democratic Republic of Co...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.