Africa’s growth rate is projected to slightly increase from 3.3 per cent in 2023 to 3.5 in 2024, while global growth is expected to slow down. Global growth is expected to slow down from 2.7 per cent in 2023 to 2.4 per cent in 2024. The UN’s World Economic Situation and Prospects (WESP) report for 2024 launched in New York on Thursday also projected growth for the Least Developed Countries (LDCs). The flagship forecast notes that the LDCs are projected to grow by five per cent in 2024, yet this…
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