Africa Set for Faster Growth amid Changes in Global Trends

press release

Robust growth in sub-Saharan Africa is set to accelerate in 2014, reflecting improved prospects in most oil exporters, and in several low-income countries and fragile states.

The IMF's latest Regional Economic Outlook for Sub-Saharan Africa projects GDP growth to accelerate to 5½ percent in 2014 from about 5 percent in 2013 (see Chart 1).

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