Finweek English Edition - - INSIGHT -

How­ever, Sayeh said the ma­jor threat to the re­gion’s eco­nomic growth prospects was a slow­down in China, which has be­come a ma­jor trade part­ner for most of the Sub-Sa­ha­ran African economies. A slow­down in the world’s fastest-grow­ing econ­omy will mean lower ex­port vol­umes for the re­gion.

“In the event that there is some more sig­nif­i­cant slow­down in China, then its fore­seen that it will have an ad­di­tional im­pact in a num­ber of Sub-Sa­ha­ran African economies who ex­port; China is their largest ex­port mar­ket,” she said.

Apart from a po­ten­tial slow­down in China’s econ­omy, lower growth in other emerg­ing mar­kets and the an­tic­i­pated mon­e­tary t i ght­en­ing i n ad­vanced economies “could also have a neg­a­tive im­pact on the re­gion”, said Sayeh.

“Sus­tain­ing high growth in the re­gion re­mains the key pol­icy con­sid­er­a­tion and will re­quire strik­ing the right bal­ance be­tween scal­ing up pub­lic in­vest­ment to fill in­fra­struc­ture gaps and main­tain­ing debt sus­tain­abil­ity.”

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