Yemisi Izuora
The World Bank has warned that countries rich in resources and those facing fragility, conflict, and violence in Sub-Saharan Africa are growing more slowly than the rest of the region, and the region is struggling to reduce poverty and create enough good jobs for its young population.
The April 2025 edition of Africa’s Pulse however reports that economic growth in Sub-Saharan Africa is showing some resilience, despite uncertainty in the global economy and restricted fiscal space.
Regional growth is expected to reach 3.5 per cent in 2025 and further accelerate to 4.3 per cent in 2026-2027, mainly due to increased private consumption and investments as inflation cools down and currencies stabilize.
Escaping the cycle of poor growth outcomes and political dissatisfaction will require that governments prioritize the delivery of practical solutions for their citizens.
This implies focusing on areas where governments directly affect people’s lives providing quality public services and fairly-regulated market competition.