World Bank cuts Sub-Saharan Africa’s 2019,2020 growth forecast



NAIROBI (Reuters) – The World Bank on Wednesday cut its economic growth forecast for sub-Saharan Africa for 2019 to 2021 by 0.2 percentage points from its earlier projection, citing a slowdown in fixed investment and policy uncertainty in the global economy. A worker walks past excavators at a construction site of the Dangote refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. REUTERS/Temilade AdelajaThe bank said the region’s economy was expected to grow 2.6% this year, from a 2.8% projection in April. It said growth would rise to 3.1% in 2020 and 3.2%…



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