Sub-Saharan Africa’s macroeconomic prospects remain promising. Despite headwinds, medium-term growth for Africa remains favorable. Regional GDP growth is projected to strengthen to an average annual pace of 5.2 percent in 2015-16 from 4.6% in 2014, and rise to 5.3% in 2017.
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November 3, 2014 — During a visit to four African countries, World Bank Group President Jim Yong Kim pledged $1.8 billion to the Horn of Africa, and an additional $100 million to speed up deployment of foreign health workers to fight the Ebola epidemic.Read More »
October 30, 2014 — The World Bank Group has responded to a call from Ebola-stricken countries to help increase the number of health workers battling the deadly virus. The new funding will speed up deployment of foreign health workers to Guinea, Liberia and Sierra Leone.Read More »
New data shows the quality and quantity of research in Sub Saharan Africa improving, but a gap in the critical areas of Science, Technology Engineering and Math research, which could hurt the region’s chances of economic growth.Read More »