Increasing government revenue and better managing debt can help foster resilience and accelerate growth
Over the past six months the realignment of global priorities and increasingly turbulent external conditions have continued to test sub-Saharan Africa. Yet the region’s economies are proving resilient. As our recent economic outlook for the region shows, economic growth is projected to hold steady at 4.1 percent this year, with a modest pickup to 4.4 next year. Such steadiness reflects years of important reform efforts across key economies.
The region is home to several of the world’s fastest growing economies—Côte d’Ivoire, Ethiopia, Rwanda, and Uganda. Yet, resource-dependent and conflict-affected states are struggling to…