SA a drag on sub-Saharan Africa's growth, World Bank report shows.
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SA ESTIMATED TO EXPAND BY ONLY 1.9% IN 2022, WHILE NIGERIA AND ANGOLA ARE BOTH EXPECTED TO GROW BY 3.1%
Growth in the three largest Sub-Saharan economies — Nigeria, SA and Angola — pulled back sharply with SA, the region’s second-largest economy, growing the least as electricity shortages worsened and policy tightening was accelerated to curb inflation, the World Bank says.
Growth in the three largest Sub-Saharan economies — Nigeria, SA and Angola — pulled back sharply with SA, the region’s second-largest economy, growing the least as electricity shortages worsened and policy tightening was accelerated to curb inflation, the World Bank says.
