The broad-based slowdown in sub-Saharan Africa is easing, but the underlying situation remains difficult. Growth is expected to pick up from 1.4 percent in 2016 to 2.6 percent in 2017, reflecting one-off factors—particularly, the rebound in Nigeria’s oil and agricultural production, the easing of drought conditions that impacted much of eastern and southern Africa in 2016 and early 2017—and a more supportive external environment.
While 15 out of 45 countries continue to grow at 5 percent or faster, growth in the region as a whole will barely surpass the rate of population growth, and in 12 countries, comprising over 40 percent of sub-Saharan Africa’s population, income per capita is expected to decline in 2017.
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