April 19, 2017 / 12:33 PM / 3 months ago

World Bank sees sub-Saharan Africa GDP growth rising to 2.6 pct in 2017

1 Min Read

NAIROBI, April 19 (Reuters) - Economic growth in sub-Saharan Africa is seen rising to 2.6 percent this year and further to 3.2 percent in 2018 and 3.5 percent a year later, the World Bank said in a report on Wednesday.

"The upturn in economic activity is expected to continue in 2018-19, reflecting improvements in commodity prices, a pickup in global growth, and more supportive domestic conditions," the bank said in its "Africa's Pulse" report.

Sub-Saharan African growth was an estimated 1.3 percent in 2016, the World Bank said. (Reporting by George Obulutsa; editing by John Stonestreet)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below