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Agence de Presse Ouest-Africaine

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Kabir Isa

Author: Harouna Mayaki

Business & Economy

Africa’s Growth Outlook Outpaces World, but Debt and Aid Cuts Threaten Gains

By Kabir Isa

African economies are forecast to grow around 4.5% in 2026 and 2027, above global projections, but the World Bank expects poverty in 2027 to exceed 2022 levels and public debt has grown at four times the rate of GDP since 2010. A report by Danny Bradlow sets out six proposals, from mobilising US$4 trillion in domestic institutional assets to reforming the IMF.