The World Bank has predicted that the country will get out of recession and grow its Gross Domestic Product by one per cent this year after plunging into its worst recession in over two decades.
The bank said in a statement on Wednesday,
“Sub-Saharan African growth is expected to pick up modestly to 2.9 per cent in 2017 as the region continues to adjust to lower commodity prices.
Growth in South Africa and oil exporters is expected to be weaker, while growth in economies that are not natural-resource intensive should remain robust.