World Bank forecasts sub-Saharan Africa economy to slow at 2.5 pct in 2023

NAIROBI, Oct. 4 (Xinhua) -- The World Bank on Wednesday forecast Sub-Saharan Africa's economic growth to decelerate to 2.5 percent in 2023 from 3.6 percent in 2022.

The Bank said in its latest Africa Pulse report that the economic outlook remains bleak amid a subtle growth recovery, noting that Africa must urgently achieve stability, increase growth and create jobs to avert a "lost decade."

Andrew Dabalen