IMF-World Bank: inflation, famine, energy crisis… How to avoid chaos
In 2022, in Africa, the economic recovery was shattered by the global slowdown, by the tightening of financial conditions and by the volatility of the price of raw materials. In 2021 activity on the continent had rebounded, and GDP had grown by 4.7%. Change of scenery in 2022, the year for which the International Monetary Fund (IMF) expects revenue to grow by +3.6%, i.e. a decline of 1 point of growth over one year.
In its report, the IMF observes a certain heterogeneity in the trajectories of pays of the region. Estimates for 2022 have been revised upwards for South Africa thanks to the strong recovery in services activity, and despite the impact of floods, power cuts and strikes. On the other hand, for 33 of the 44 countries screened, the situation is much less favourable.
The Seychelles (+10.9%) and the Malawi (+0,9%)