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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During a visit to four countries in Africa, 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 »
The new report finds that Benin, DRC, Côte d’Ivoire, Senegal, and Togo are among the 10 top improvers worldwide, having improved business regulation the most in the past year among the 189 economies covered.Read More »