Africa Faces Clouded Economic Outlook Despite Growth
The IMF projects 4.5% growth for Sub-Saharan Africa in 2026 and 2027, but warns that inflation, debt costs, falling aid and El Niño pose risks…reports Africa Daily News Desk Sub-Saharan Africa’s economy is projected to grow by 4.5 per cent in both 2026 and 2027, despite rising inflation, high borrowing costs and mounting external risks, according to the International Monetary Fund’s October 2026 Regional Economic Outlook Update. The forecast suggests continued regional resilience, but masks widening differences between resource-rich economies and countries with less access to commodity revenues. The IMF said global supply adjustments, favourable export receipts in some countries
