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Economics

Africa’s Growth Outlook Strengthens, but Debt Costs and Inflation Keep the Recovery Uneven

The World Bank projects 4.3 percent growth for sub-Saharan Africa in 2026. Nigeria’s improving activity, South Africa’s weak jobs market and higher regional inflation show why one headline cannot describe the continent.

World Bank President Ajay Banga
World Bank President Ajay Banga in Rio de Janeiro, July 24, 2024. Cropped archival photograph; not taken at the 2026 Annual Meetings.Ricardo Stuckert / Presidency of Brazil / Wikimedia Commons (CC BY 2.0)

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