East Africa Regional Economic Outlook 2023: Mid-Term Growth for East Africa Region Projected Highest on the Continent For 2023-2024.

August 8, 2023 AELEX Admin 0 Comments

East Africa will register the highest regional economic performance on the continent in 2023 and 2024, with growth figures at over 5 percent, according to the newly published African Development Bank 2023 East Africa Economic Outlook.The report, launched on Thursday 27 July, projects mid-term economic growth in the region to accelerate to 5.1% in 2023 and 5.8 % in 2024, outpacing all the other African regions. This will be largely driven by growth in Rwanda, Uganda, Ethiopia, Kenya, Djibouti, and Tanzania. Read more

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