Number of poor people in Sub-Saharan Africa nearly doubled since 1990- World Bank
The World Bank has stated that the number of people living in poverty in the Sub-Saharan Africa region nearly doubled ...
Tag: sub-saharan Africa
World Bank cuts 2024 growth forecast for sub-Saharan Africa to 3%
The World Bank said on Monday it had lowered its economic growth forecast for sub-Saharan Africa this year to 3% ...
Girls school dropout costs sub-Saharan Africa $210 billion in GDP annually- Report
The United Nations has revealed that the high rate of girls dropping out of school in sub-Saharan Africa is leading ...
International Labour Organization: 62 million young people in Sub-Saharan Africa were not in employment, education or training in 2023
Reports indicate that around 62 million young people in 2023 were neither involved in employment, education or training (NEET) equating ...
IMF downgrades Nigeria’s 2024 GDP growth in revised economic outlook
The International Monetary Fund (IMF) has downgraded Nigeria’s real GDP growth in 2024 from 3.3% in its earlier projection in ...
Diaspora Remittances: Average cost of sending $200 to SSA increases to 7.9% in 2023 – World Bank
The World Bank has highlighted factors that could lead to a decline in remittance inflow to Nigeria and other countries ...
Eight SSA countries surpass Nigeria in attracting private infrastructure investments in 2023
Nigeria, a dominant player and economy in Sub-Saharan Africa (SSA), fell behind eight other SSA countries in attracting private infrastructure ...
Revenue: IMF says SSA’s critical mineral reserves can increase region’s GDP by 12%
The International Monetary Fund (IMF) says the critical mineral deposits in sub-Saharan Africa (SSA) can boost the region's Gross Domestic ...
Economic growth in SSA inadequate for poverty alleviation – World Bank
West Africa's biggest economy, Nigeria, is forecast to grow 3.3% this year, below its long-term average.
Financing conditions for Sub-Saharan Africa countries to become tighter in 2024 – IMF
The International Monetary Fund (IMF) has stated that financing conditions for sub-Saharan African economies are expected to remain tough for a ...
