After an extended period of strong economic growth, sub-Saharan Africa is set to experience a second difficult year as the region is hit by multiple shocks, the International Monetary Fund (IMF) said today. According to its April 2016 Regional Economic Outlook for Sub-Saharan Africa, Time for a Policy Reset, growth in the region as a whole is projected to fall to 3 percent in 2016, the lowest level in some 15 years, albeit with considerable differences across the region. (more…)
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