Sub-Saharan Africa

Regional Economic Outlook, April 2008, Sub-Saharan Africa

Publication Date:

April 14, 2008

Electronic Access:

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Summary:

The region's prospects continue to be promising, but global developments pose increased risks to the outlook. Growth in sub-Saharan Africa should again average about 6½ percent in 2008 with oil exporters leading the way; meanwhile, growth in oil importers is expected to taper off, though only modestly. With food and energy prices still rising, inflation is projected to average about 8½ percent this year for countries in the region, setting aside Zimbabwe. Risks in 2008 are tilted to the downside, but the region is better placed today to withstand a worsening of the global environment.

Series:

Sub-Saharan Africa

Subject:

Balance of payments Capital flows Capital inflows Exchange rate arrangements Exchange rates Foreign exchange Inflation Inflation targeting Monetary policy Prices

Notes:

Full text also available in French.