Africa’s economic prospects have improved but growth remains fragile amidst multiple global and domestic shocks. The continent’s average real GDP growth is now projected at 3.2% in 2024, compared to 3.0% in 2023 (figure 1). The revised growth outlook represents a downgrade of 0.5 percentage points relative to the May 2024 AEO projections. Growth in Africa is projected to rebound to 4.1% in 2025, but this projection remains 0.2 percentage points lower relative to the previous forecast period.
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