{"id":182655,"date":"2024-10-16T17:56:18","date_gmt":"2024-10-16T15:56:18","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/sudan\/africa-world-bank-lowers-sub-saharan-africa-growth-forecast-on-sudan-conflict\/"},"modified":"2024-10-16T17:56:18","modified_gmt":"2024-10-16T15:56:18","slug":"africa-world-bank-lowers-sub-saharan-africa-growth-forecast-on-sudan-conflict","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/sudan\/africa-world-bank-lowers-sub-saharan-africa-growth-forecast-on-sudan-conflict\/","title":{"rendered":"Africa: World Bank Lowers Sub-Saharan Africa Growth Forecast On Sudan Conflict"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"1\"><em>TLDR<\/em><\/p>\n<ul>\n<li>World Bank revises 2024 Sub-Saharan Africa economic growth forecast to 3% due to ongoing civil war in Sudan impacting regional activity.<\/li>\n<li>Conflict in Sudan displaces 11 million people and causes economic collapse, with Sudan&#8217;s economy projected to contract by 15.1% in 2024.<\/li>\n<li>Excluding Sudan, Sub-Saharan Africa expected to grow by 3.5% next year, with forecasted average growth of 4% in 2025 and 2026 driven by private consumption and investment.<\/li>\n<\/ul>\n<p class=\"story-body-text\" data-para-word-count=\"44\">The World Bank has revised down its 2024 economic&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202410160467.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 North Africa <a title=\"Sudan\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/north-africa\/sudan\/\">Sudan<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TLDR World Bank revises 2024 Sub-Saharan Africa economic growth forecast to 3% due to ongoing civil war in Sudan impacting regional activity. Conflict in Sudan displaces 11 million people and causes economic collapse, with Sudan&#8217;s economy projected to contract by 15.1% in 2024. Excluding Sudan, Sub-Saharan Africa expected to grow by 3.5% next year, with [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":182656,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[784],"tags":[258,256,7089,2444,11604,6641,20186,257,254,15299,4708,1613,5093],"class_list":["post-182655","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sudan","tag-africa","tag-africa-news","tag-bank","tag-conflict","tag-growth","tag-lowers","tag-news","tag-south-africa-today","tag-subsaharan","tag-sudan","tag-sudan-news","tag-world"],"fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/182655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=182655"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/182655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/182656"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=182655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=182655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=182655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}