May 19, 2017
Version in Français (French)
The IMF’s latest economic health check of sub-Saharan Africa shows that growth fell to its lowest level in 20 years.
In this podcast, the IMF African Department’s Celine Allard, who oversaw the report, says that this drop brought a halt to the 5 to 6 percent growth rate that was enjoyed in the last two decades. Some factors contributing to this slowdown are lower commodity prices, the devastation of a severe drought—exacerbating crop infestation and leading to a famine affecting some 20 million people—and political conflicts that affect trade.