Nairobi — The World Bank said on Monday it had lowered its economic growth forecast for sub-Saharan Africa this year to 3% from 3.4%, mainly due to the destruction of Sudan's economy in a civil war.
However, growth is expected to remain comfortably above last year's 2.4% thanks to higher private consumption and investment, the bank said in its latest regional economic outlook report, Africa's Pulse.
"This is still a recovery that is basically in slow gear," Andrew Dabalen, chief economist for the Africa region at the World Bank... Читать дальше...