Albert Zeufack

World Bank downgrades growth in Sub-Saharan Africa

The World Bank has cut its 2019 growth forecast for sub-Saharan Africa to 2.8% from an initial 3.3%, it said on Monday. ... Full story

Nigeria plans to get out of Recession

Nigeria plans to get out of recession by boosting government revenues and cracking down on corruption, Finance Minister Kemi Adeosun said on Thursday, and will also issue more international debt to pay for infrasturcture projects. ... Full story

Sub-Saharan Africa economic growth slips further from target

The latest report from World Bank shows economic growth in sub-Saharan Africa is likely to slip to 1.6% this year, the lowest level in more than two decades — as one of the world’s fastest-growing frontiers continues to lose steam because of overdependence on oil and commodity exports. ... Full story

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