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EBRD cuts sub-Saharan Africa growth outlook amid rising energy costs, debt pressures

Economic growth across the European Bank for Reconstruction and Development’s (EBRD) sub-Saharan African economies is forecast to slow to 4.7% in 2026 from 5.2% in 2025 as higher energy costs, trade disruption and weaker investment linked to conflict in the Middle East weigh on regional activity, according to the lender’s latest Regional Economic Prospects report. The EBRD said growth should recover only marginally to 4.8% in 2027 as economies continue to face fiscal pressures, elevated borrowing costs and inflationary risks linked to higher fuel and freight prices. [...]