Africa's catch-up with rich nations stalls as World Bank warns of "lost decade" - Businessday NG

Africa's catch-up with rich nations stalls as World Bank warns of "lost decade" - Businessday NG

World Bank cuts growth to 2.5%; 48% of emerging economies haven't narrowed income gap since 2019. Africa's record debt, halved private investment, and geopolitical shocks undermine fiscal stability and job creation—essential for tech market expansion.