Africa: Economic Turmoil Brings Uncertainity to Continent

[IMF] Sub-Saharan Africa is projected to grow by 3.6 percent in 2022 — more than one percentage point slower than 2021 mainly due to a worldwide slowdown, tighter financial conditions, and volatile commodity prices. Rising food and energy prices are striking at the region’s most vulnerable, and public debt and inflation are at levels not seen in decades. The most recent turmoil comes on top of a prolonged pandemic, leaving authorities with their most difficult and uncertain policy environment in yea