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Nigeria, South Africa to drag Africa’s growth

In this file photo taken on May 15, 2017 outside state entity Eskom Offices at Megawatt Park in Johannesburg, members of South African political party Congress of the People (COPE) demonstrate against the re-instatement of Brian Molefe as Eskom CEO.

Economic disruption from uneven currency trading in Nigeria and continued electricity shortages in South Africa are set to hold back overall growth across sub-Saharan Africa this year, a Reuters poll of economists found on Thursday.

Since commodity prices collapsed four years ago, the region has largely missed out on the global economic recovery, with growth failing to return to rates seen in previous years and set to remain subdued.

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