African countries face rising economic risks: six ways they can navigate global uncertainty
Election
Originally published by The Conversation – Articles (AFRICA) — Read the original article →
Election process
The current global economic situation is confusing. On the one hand it’s characterised by inflation, and food and other critical supply shortages caused by the wars in Ukraine and the Gulf states. On the other, by optimism and economic growth caused by the boom in AI investments.
The situation both poses threats and offers opportunities to Africa.
On the upside, the International Monetary Fund and the World Bank are predicting that African growth will be around 4.5% in 2026 and 2027. This is higher than the IMF’s estimates of 3.1% global growth in 2026 and 3.4% in 2027.
