Africa set to be the second-fastest growing region after Asia, but headwinds remain, says AfDB’s African Economic Outlook report

May 31, 2023 AELEX Admin 0 Comments

Africa is set to be the second-fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple global shocks.

But the projected growth will depend on global conditions and the continent’s ability to bolster its economic resilience, the African Development Bank’s 2023 African Economic Outlook report has found.


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