10
Oct
Sub-Saharan Africa’s economic recovery is defined by certain subregions overperforming in comparison to the regional average and others underperforming. The World Bank relayed the aforementioned information in its Africa’s Pulse bi-annual report. The global lender identified how Africa is doing based on regional performance, which supports its evaluation. The report shows that while the Economic and Monetary Community of Central Africa (CEMAC) and the largest economies in Africa such as Nigeria and South Africa have underperformed, regions like the East African Community and the West African Economic and Monetary Union (WAEMU) are performing better than the regional average in 2023.…