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flag Sub-Saharan Africa’s growth outpaces global average, but rising debt and aid cuts threaten stability.

flag Sub-Saharan Africa is projected to grow at 3.3% in 2023, rising to 4% in 2024, outpacing the global average, driven by East African nations like Kenya, Uganda, and Tanzania. flag However, rising domestic debt—now half of the region’s total—alongside declining foreign aid and volatile markets pose risks. flag Kenya faces a critical Eurobond maturity, while Uganda’s World Bank partnership resumed after a political pause. flag Despite strong growth in some nations, fragile states lag, and IMF dependency exceeds $30 billion across 30 countries, fueling concerns over debt cycles, austerity, and unequal global financial power.

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