Economic growth in sub-Saharan Africa is forecast to accelerate to 5.2 percent this year, driven by increasing investment to exploit the region’s natural resources and develop infrastructure, the World Bank said.
Gross domestic product rose 4.7 percent in 2013, the Washington-based bank said today in an e-mailed statement, citing Africa Pulse, a twice-yearly study it publishes. The outlook compares with a forecast in the October edition of Africa Pulse of 5.3 percent in 2014 from 4.9 percent last year.
