Tag
AFRICAN ECONOMIES
The World Bank has raised its 2026 economic growth forecast for Sub-Saharan Africa by 0.3 percentage points to 4.3%, reflecting stronger-than-expected performance across several economies in the region.
Nigeria dropped to third position in September 2026 from second in July among 10 African countries with the highest monetary policy rates, after the Central Bank of Nigeria cut its benchmark interest rate by 350 basis points.
The funding helps to accelerate the flow of key agricultural commodities, and use of machinery and solutions that strengthen food security in vulnerable economies.