World Bank cuts Sub-Saharan Africa’s 2019,2020 growth forecast

The bank said the region’s economy was expected to grow 2.6% this year, from a 2.8% projection in April. It…

The bank said the region’s economy was expected to grow 2.6% this year, from a 2.8% projection in April. It said growth would rise to 3.1% in 2020 and 3.2% in 2021. “Despite some improvements, the external environment is expected to remain difficult and uncertain for the region,” the bank said in its October Africa’s Pulse report. China and the United States, the world’s leading economies, this year imposed new tariffs on each other’s goods as part of a long-running dispute over Beijing’s trading practices, which Washington says are unfair.

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