By Luzia Santos
Fitch Solutions consultancy said a few days ago that sub-Saharan Africa's economic growth would slow to 3.5% this year, down from 3.6% last year and the 4.1% average between 2010 and 2019.
"The highest inflation since Russia's invasion of Ukraine in February 2022 and a further tightening in global financial conditions will constrain economic activity in many sub-Saharan African markets," the consultancy says.
According to Fitch, this comes against a weak outlook for Nigeria and Angola, the region's two largest oil producers, while noting some above-average growth in . . .
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