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🌍📈 Africa surpasses expectations to become the world's second-fastest growing region Africa's economies continue to grow faster than the global average of 3% despite climate change, geopolitical tensions, rising inflation, food insecurity, and rising debt, according to Akinwumi Adesina, president of the African Development Bank Group (AfDB). "It is forecasted that Africa will account for 11 out of the 20 fastest-growing economies in the world in 2024. Fifteen African countries have posted output expansions of more than 5%," Adesina said. Last month, the AfDB projected that Africa will be the second-fastest expanding region globally, following Asia, with real GDP growth to average 3.8% in 2024 and 4.2% in 2025, above the expected global rates of 2.9% and 3.2%, respectively. Subscribe @sputnik_africa 🔸TikTok | Sputnik Africa |Boost us on Telegram🔸