African countries will scrimp on investment in the coming year

By Kinley Salmon

Sub-Saharan Africa’s growth prospects for the coming year are modest. The region’s gdp expanded by 4% in 2022 and 3.3% in 2023, and the IMF reckons on 4% in 2024. Alongside population growth of about 2.6%, that is not a combination for widespread prosperity. Worse, the region may not surpass these modest rates any time soon.