Harder times for African families seem to be on the way. A general rise in prices and little purchasing power is still to be expected. That, at least, is the conclusion of analysts from the Oxford Economics Africa consultancy. According to a note from these analysts, inflation will have a serious impact on household consumption, which will...
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IMF improves growth in sub-Saharan Africa to 3.8%
The International Monetary Fund (IMF) today slightly improved the economic growth forecast for sub-Saharan Africa by 0.1 percentage points to 3.8%, maintaining the estimate of 4% for 2023, compared to the January forecast. According to the World Economic Forecasts, released today as part of the Spring Meetings, the region's economies will...