Following a series of setbacks in recent years, including the pandemic, record inflation, tighter monetary policy, and escalating debt burdens, Africa’s economy is now rebounding. The International Monetary Fund (IMF) projects that the continent’s economic growth will reach 3.5% in 2024 and 4% in 2025.

“Nearly two thirds of the countries on the continent are anticipating higher growth this year, on the back of the modest easing in global financial conditions and a recovery in private investment and consumption,” reads a statement from Wale Edun, Nigeria’s minister of finance and chair of the African caucus, and Kristalina Georgieva, managing director of the IMF. Click here to read the full article