Skip to content

“Sub-Saharan Africa is a Continent of Opportunity” – IMF Chief

The region is expected to see a brighter economic outlook in 2024, according to IMF chief Kristalina Georgieva, she made the comments in a speech at the Brookings Institution on Wednesday, where she said that growth in sub-Saharan Africa is expected to accelerate to 3.5% in 2024, up from 3% this year. She attributed the improved outlook to a number of factors, including a rebound in tourism and trade, as well as increased investment. She also noted that progress has been made in reforming the economies of sub-Saharan African countries. She said that many countries have taken steps to improve their fiscal management and business environment.