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Forecast: Sub-Saharan growth to take longer, says World Bank

Workers sew clothes inside the Indochine Apparel PLC textile factory in Hawassa Industrial Park in Southern Nations, Nationalities and Peoples region, Ethiopia November 17, 2017. [AFP]

The World Bank (WB) has cut its growth forecast for sub-Saharan Africa this year to 2.8 per cent from an initial 3.3 per cent, it said yesterday.

The commodity price slump of 2015 cut short a decade of rapid growth for the region, and the bank said growth would take longer to recover as a decline in industrial production and a trade dispute between China and the US take their toll.

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