African Development Bank to Launch 2024 Africa's Macroeconomic Performance and Outlook Report

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Dr. Akinwumi A. Adesina President of the African Development Bank Group, introducing the presentation of the 2024 Africa Macroeconomic Performance and Outlook Report in Addis Ababa.
13 February 2024
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What: Launch of African Development Bank's 2024 Africa's Macroeconomic Performance and Outlook report

Who: African Development Bank Group President Dr. Akinwumi Adesina, African Union Commission Commissioner for Trade and Industry Albert Muchanga, African Ministers of Economy and Finance, global and regional economic experts, and the media.

When: Friday, 16 February 2024. 9:00 AM EAT (GMT+3)

Where: Sheraton Hotel, Addis Ababa and online

The African Development Bank Group will launch the 2024 edition of its Africa's Macroeconomic Performance and Outlook (MEO) report on 16 February, on the sidelines of the 37th African Union Summit in Addis Ababa, Ethiopia.

Published in the first and fourth quarter of each year, the report complements the Bank's flagship African Economic Outlook report.

The 2024 MEO report offers policymakers, global investors, researchers, and other development partners, up-to-date, evidence-based assessments of the continent's recent macroeconomic performance and short-to-provides medium -term outlook amid dynamic global economic developments for growth and key macroeconomic indicators.

Africa Dominates List of the World's 20 Fastest-Growing Economies

Africa Dominates List of the World's 20 Fastest-Growing Economies

Africa will account for eleven of the world's 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) of the continent released on Friday. Overall, real gross domestic product (GDP) growth for the continent is expected to average 3.8% and 4.2% in 2024 and 2025, respectively. This is higher than projected global averages of 2.9% and 3.2%, the report said.

More on the AfDB AllAfrica page.

The launch event will feature a panel discussion and remarks from African leaders and development experts, including:

  • Dr. Akinwumi Adesina, President, African Development Bank Group
  • Prof. Mthuli Ncube, Minister of Finance & Economic Development, Zimbabwe
  • Prof. Njuguna Ndun'gu, Cabinet Secretary, National Treasury & Economic Planning, Kenya
  • Mme. Vera Esperança Dos Santos Daves De Sousa, Minister of Finance, Angola
  • Dr. Rets'elisitsoe Matlanyane, Minister of Finance, Lesotho
  • Mme. Nadia Fettah Alaoui, Minister of Economy and Finance, Morocco
  • Amb. Albert Muchanga, Commissioner for Trade and Industry, African Union Commission
  • Prof. Jeffrey Sachs, Director, Center for Sustainable Development, Columbia University
  • Prof. Kevin Chika Urama, Acting Chief Economist and Vice President, African Development Bank Group

Click here to register in advance to attend.

English and French interpretation will be available.

Join the conversation using the hashtags #AfricaMEO2024 and #AfricaMacroEcoOutlook24.

For further information, please contact:

Emeka Anuforo | Communication and External Relations Department | African Development Bank Group | email: [email protected]

Read the original article on African Development Bank (AfDB).

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