Sub-Saharan Africa’s Growth Hides a Stark Jobs Crisis
A Modest Reprieve From Inflation — but Risks Remain Inflation has eased notably. The number of African nations facing double-digit price growth has fallen from 23 in late 2022 to 10 by mid-2025, offering welcome relief to households and investors alike. A mild rebound in investment has added a touch of optimism to an otherwise fragile global environment. But the gains are precarious. External debt service has more than doubled over the past decade, reaching 2 percent of GDP in 2024, while nearly half of the region’s economies—23 countries in all—are now in, or at high risk of, debt distress. […]
