Growth in Sub-Saharan Africa (SSA) is projected to edge up from
3.3% in 2024 to 3.5% in 2025 and further accelerate to 4.3% in
2026–27, according to the World Bank's most recent
regional economic update.
The World Bank said the SSA was showing some resilience, despite
uncertainty in the global economy and restricted fiscal space. The
median inflation rate had declined from 7.1% in 2023 to 4.5% in
2024. Countries rich in resources and those facing fragility,
conflict and violence were growing more slowly than others, and the
region was struggling to create enough good jobs.
Africa, it said, could also pave the way to inclusive growth by
investing in its human potential. Over the next three decades, the
region will experience the fastest increase in the working age
population of all regions, with a projected net increase of 740
million people by 2050. Up to 12 million youth will enter the
labour market across the region every year in the coming decades,
but only