World Bank forecasts Sub-Saharan Africa economy to slow to 3.6 pct in 2023


NAIROBI, Jan. 10 (Xinhua) -- The World Bank on Tuesday forecasted the sub-Saharan Africa (SSA) economy to slow to 3.6 percent in 2023 and rise to 3.9 percent in 2024.

According to the World Bank's latest Global Economic Prospects report, the growth was revised down for almost 60 percent of countries, including downward revisions for more than 70 percent of metal exporters which are expected to be affected by the further easing of global metal prices.

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