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So is Africa

Economic Outlook. Africa at a Crossroads

The latest edition of the World Bank’s Global Economic Prospects report highlights both the challenges, opportunities, and risks for 2024 and beyond. Economic growth in Sub-Saharan Africa is projec...

Bright Promise of the World Bank and the African Development Bank
Conquests

Bright Promise from the World Bank and the African Development Bank for 300 Million Africans

The WB has committed to connecting 250 million people through decentralized renewable energy systems or distribution networks, while the AfDB will support an additional 50 million people, according t...

Angola-Luanda
So is Africa

Angola. Growth Will Not Spring from Oil Wells

In Angola, growth is expected to accelerate from 0.8% in 2023 to 2.8% this year, with economic activity mainly based in the non-oil sector, while oil production is expected to drop to 2.5% in 2024 d...

Growth in Sbsaharian Africa
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Growth in Sub-Saharan Africa. The World Bank revises its forecasts upwards

In its latest edition of the Africa’s Pulse report (April 2024), a semi-annual barometer of the state of African economies, the financial institution indicates that growth is expected to rebound in...