Research from market research company Euromonitor International has forecast the GDP of Sub-Saharan Africa to double by the year 2040 from the 2022 figure of USD 2 trillion to over USD 4.5 trillion. Euromonitor’s report, Sub-Saharan Africa: A Rising Economic Frontier, looked at the economies of 46 countries in Africa as part of its research into the continent’s economic conditions, current and future. ADVERTISEMENT Rising consumption, commodity exports and foreign direct investment are expected to drive Africa’s economic growth, backed by a surge in the economies of East Africa. Download the Full Report Here
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