World Bank sees Nigeria, South Africa, Angola posting a modest growth‎ rebound in 2017

….‎Economic growth in sub-saharan Africa projected to 2.6% in 2017
……Sues for the right kind of PPP model to address widening infrastructural deficit concerns

Amid the rising concerns of negative growth that characterised most African countries since 2016,the World Bank is currently raising hope of a modest growth rebound particularly pointing at the key economies of Nigeria,South Africa,and Angola which constitute up to ‎50 percent of the African economy.

Also,the World Bank is also projecting the Economic growth in sub-saharan Africa to recover to the tune of 2.6% in 2017,following a marked deceleration in 2016.

Nevertheless,the upturn in economic activity is expected to continue in 2018-2019 reflecting improvements in commodity prices,a pickup in g‎lobal growth,and more supportive domestic conditions.

‎Details coming soon…..

 

HARRISON EDEH & CYNTHIA EGBOBOH