African Economic Outlook,African Economic Outlook 2024 Stories

Africa’s growth not enough to reduce poverty, 90 million more to be poor by 2027 - report
Alfred Onyango  |  Apr 27, 2025

In Kenya, data from the Kenya National Bureau of Statistics (KNBS) estimates the poverty rate at about 40 per cent.

East Africa to power Africa’s growth in 2024 despite headwinds
Alfred Onyango  |  Jun 01, 2024

According to the latest African Economic Outlook by the African Development Bank (AfDB), the region is poised to record a 4.9 per cent GDP growth, the...

African economies resilient despite structural challenges and severe shocks - report
Hanifa Adan  |  May 31, 2024

This anticipated rebound in growth is expected to be supported by improvements in global economic conditions and effective policy measures.

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