Region’s overall growth rate forecast to accelerate mildly in 2023, though inflation is set to remain well above the 10-year average
Economic activity in Sub-Saharan Africa is likely to gather momentum in 2023, though SA, Nigeria and Ghana will continue to pose a significant risk to the region’s overall performance, according to Fitch Solutions.
The unit of Fitch Group, the global financial information services company, expects Sub-Saharan Africa’s overall growth to accelerate to 3.6% in 2023, from 3.3% in 2022, driven mainly by East and Central Africa...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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