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Publication(Washington, DC: World Bank, 2023-04-05) World BankEconomic growth in Sub-Saharan Africa slowed to 3.6 percent in 2022, from 4.1 percent in 2021 but may be bottoming out. Weak investment growth and macroeconomic instability are weighing on economic activity. Inflation remains persistently high and above target despite early and sizable interest rate increase. Amid unfavorable global financial conditions and high levels of debt, African policymakers must bank on their domestic policy space to restore macroeconomic stability, deepen structural reforms to foster inclusive growth, and implement policies that harness the region's resource wealth during the low carbon transmission. This natural wealth holds significant untapped economic potential to address fiscal challenges and drive economic transformation. The low carbon transition is irreversible and will be intensive in the minerals required for the clean energy transition, many of which are abundant across Africa.
Publication(Washington, DC, 2012-10) World BankThis Africa's pulse newsletter includes the following headings: Sub-Saharan African countries continue to grow at a steady pace; the region's decade-long economic expansion appears sustainable; and for newly resource-rich countries, strong governance will be key to harnessing resource wealth for development.
Publication(Washington, DC, 2011-09) World BankThis Africa's pulse newsletter includes the following heading: recent economic trends; and the challenge of employment in Africa: raising the productivity of the informal sector.
Publication(Washington, DC, 2010-10) World BankThis Africa's pulse newsletter includes the following heading: recent economic trends and prospects; country policy and institutional assessment: results and trends for Sub-Saharan Africa; and Sub-Saharan Africa: advancing toward the millennium development goals (MDGs).