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World Bank Raises Africa Growth Forecast to 4.3%
The World Bank has raised its growth forecast for African economies in 2026 to 4.3% from 4.1%, citing evidence of the region's ability to recover despite global energy market disruptions. It also called on governments to invest in artificial intelligence to boost productivity and create job opportunities. The reports confirm that reforms in Africa's largest economies are beginning to pay off, although the growth has not yet significantly translated into poverty reduction. Experts emphasized the importance of increasing investments in artificial intelligence, especially through low-cost applications suitable for the region's modest infrastructure, to support economic growth.
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