The World Bank has raised its forecast for Sub-Saharan Africa’s economic growth in 2026 to 4.3%, up from its earlier forecast of 4.0%.
The Bank said stronger domestic demand, improved macroeconomic resilience and investment in energy and digital technologies are supporting the region’s growth.
But the Bank warned that stronger economic growth is not yet translating into equally strong improvements in living standards.
It also highlighted risks from geopolitical tensions, high financing costs, climate shocks, disease outbreaks and insecurity.
The World Bank is calling on African countries to invest more heavily in artificial intelligence, digital infrastructure and skills to improve productivity and create jobs.
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