• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Sub-Saharan Africa’s Growth to Accelerate to 3.8% in 2025 Amid Inflation Easing – World Bank

3 weeks ago
in Business, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
57
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Sub-Saharan Africa’s Growth to Accelerate to 3.8% in 2025 Amid Inflation Easing – World Bank

Sub-Saharan Africa’s economy is projected to expand by 3.8 percent in 2025, up from 3.5 percent in 2024, driven by easing inflationary pressures and a modest rebound in investment, according to the World Bank’s 32nd edition of Africa’s Pulse report.

The World Bank notes that while the region’s resilience remains notable amid persistent global uncertainty, growth remains below the level required to significantly reduce poverty and generate sufficient quality jobs for its rapidly expanding labour force.

Inflation Moderation and Debt Vulnerabilities

Inflationary conditions across the continent have improved markedly. The number of countries with double-digit inflation declined from 23 in October 2022 to 10 in July 2025, reflecting stronger monetary and fiscal policy responses.

However, the report cautions that downside risks remain, particularly from global trade disruptions, tightening external financing conditions, and weakening investor sentiment. External debt service obligations have surged—more than doubling over the past decade—to 2 percent of GDP in 2024.

The number of Sub-Saharan African economies in or at high risk of debt distress has also nearly tripled, rising from eight in 2014 to 23 in 2025, underscoring the region’s growing fiscal pressures.

RelatedPosts

Ghana Health Service, PharmAccess ink MoU to roll out SafeCare Nationwide for Quality Healthcare Improvement

Cedi@60: Finance Minister Reiterates Call for Exclusive Use of Cedi in Domestic Transactions

Cedi@60: Vice President Calls for Sustained Fiscal Discipline, Commends BoG for Restoring Confidence in the Cedi

Jobs and Demographic Pressures

The World Bank warns that despite steady growth, the pace remains insufficient to address extreme poverty or absorb the expanding working-age population. The report emphasises that over the next 25 years, the region’s labour force will expand by more than 600 million people.

“Only 24 percent of new workers today land wage-paying jobs,” said Andrew Dabalen, World Bank Chief Economist for the Africa Region. “The challenge will be matching this growing population with better jobs. A structural shift toward more medium and large firms is essential to generate wage jobs at scale.”

Policy Priorities for Job Creation

The report identifies several policy imperatives to unlock the region’s employment potential. These include reducing the cost of doing business, improving infrastructure (energy, digital, and transport), and investing in human capital and skills development.

Strengthening institutions and governance, the World Bank adds, will be vital to fostering policy stability, curbing corruption, and building a predictable environment to attract private sector investment.

Unlocking Sectoral Potential

Targeted support for high-potential sectors such as agribusiness, mining, tourism, healthcare, housing, and construction is seen as critical for job creation. For instance, the Bank notes that each job created in tourism generates an additional 1.5 jobs in related sectors.

With coordinated reforms and sustained investment, the report concludes, Sub-Saharan Africa can “unlock its vast employment potential and chart a path toward inclusive and sustainable growth.”

Tags: AfricainflationSub-Saharan Africa’s Growth to Accelerate to 3.8% in 2025 Amid Inflation Easing – World BankWorld Bank

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Cedi@60: BoG Governor Hails Currency’s Resilience, Pledges Stronger Policy Transparency and Digital Innovation

GAB CEO Urge Ghanaians to Prioritise Use of Cedi 

GAB CEO Urges Ghanaians to Support Efforts in Safeguarding Cedi Stability

From Shells to Screens: Experience 60 Years of the Ghana Cedi in Augmented Reality

Gold Price Bounces Back Above $4,000

Ghana Risks Losing Competitive Edge in Oil Sector – Dr Theo Acheampong Warns

Trending

Business

Ghana Health Service, PharmAccess ink MoU to roll out SafeCare Nationwide for Quality Healthcare Improvement

October 28, 2025

Ghana Health Service, PharmAccess ink MoU to roll out SafeCare Nationwide for Quality Healthcare Improvement The Ghana...

Cedi@60: Finance Minister Reiterates Call for Exclusive Use of Cedi in Domestic Transactions

October 28, 2025

Cedi@60: Vice President Calls for Sustained Fiscal Discipline, Commends BoG for Restoring Confidence in the Cedi

October 28, 2025
Governor of the Bank of Ghana (BoG), Dr Johnson Asiama,

Cedi@60: BoG Governor Hails Currency’s Resilience, Pledges Stronger Policy Transparency and Digital Innovation

October 28, 2025

GAB CEO Urge Ghanaians to Prioritise Use of Cedi 

October 28, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.