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Africa will outperform world in economic growth

Africa will outperform world in economic growth

BIRD STORY AGENCY AFRICA'S gross domestic product (GDP) is projected to grow at 4 per cent over 2023–24, according to the African Development Bank Group (AfDB). In the inaugural release of a report dubbed 'Africa's Macroeconomic Performance and Outlook' released on January 19, the group reported that "growth across all five African regions was positive in 2022 and the outlook for 2023–24 is projected to be stable." The projections are higher than expected global figures (2.7% and 3.2% respectively) for the same period. Africa's top five performing economies before the COVID-19 pandemic are expected to grow by over 5.5% on…
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