African economies to watch in 2019, and looming debt — Quartz Africa


Trying to get to grips with what to expect from Africa’s economies in 2019 can be broken out into three categories of discussion: the good, the underwhelming and the disconcerting.

The good news is that in 2019, like in 2018, Sub Saharan Africa will be home to several of the world’s fastest-growing economies, according to the IMF. The region’s growth numbers will be led again by Ethiopia, Rwanda, Ghana, Côte d’Ivoire, Senegal, Benin, Kenya, Uganda, and Burkina Faso who remain in the top 10. Tanzania joins that group this year, replacing Guinea. The region is expected to have overall economic growth of 3.8%, on par with the global forecast of 3.7%.

That growth is driven by the steady rebound of commodity prices, an improvement in the global economy and improved capital market access…

Read More


320ro

Comments

comments