Regional Economic Outlook, October 2018, Sub-Saharan Africa

The macroeconomic outlook for sub-Saharan Africa indicates a strengthening growth trajectory, projected to rise from 2.7 percent in 2017 to 3.1 percent in 2018. This improvement is driven by domestic policy changes and favorable external conditions, such as global economic growth and higher commodity prices. While inflation is decreasing and fiscal imbalances are being managed, growth is expected to reach around 4 percent in the medium term, which may still be insufficient to meet job creation demands for new labor market entrants.