Presenting the report, Zuzana Schwidrowski, UNECA's director of macroeconomics, finance and governance division, said African economies remain resilient, but growth is below levels to advance social development across the continent. She said risks to the continent's growth remain high due to global economic uncertainty, fragmentation, declining aid, and geopolitical tensions.
According to Schwidrowski, the contribution of trade to Africa's growth is below past levels, although intra-African trade is becoming more and more vibrant and diversified in some sub-regions of the continent. The report further noted that Africa remains the second-fastest-growing region amid declining inflationary pressure. While extreme poverty in Africa has declined, in line with the downward global trend, it remains high in almost all the sub-regions of Africa in , with North Africa being the exception.
The report further noted that climate change continues to pose risks to Africa's development gains. Temperature increases are expected to reduce agricultural yields, leading to persistent food insecurity in some parts of the continent. ISSN : Diversity dismissals begin at top US intelligence agency, lawyer says. US CDC plans study into vaccines and autism, sources say.
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