– PRINT & DIGITAL PRESS

FOCUS on Africa 2024 – On the path to reform

Africa remains determined to pave its own way towards sustainable growth

Africa’s economic landscape paints a promising picture in 2024. With forecasts of stronger growth surpassing the global average, the continent is squarely placed as the world’s second-fastest-growing region, trailing only behind Asia. This is against a backdrop of fresh geopolitical conflicts, political uncertainties, and soaring interest rates. Additionally, many African countries still contend with old adversaries as they continue to combat climate change shocks, food insecurity, and a sluggish post-COVID economic recovery – all of which could aggravate inflationary pressures and stifle trade and investment flows.