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Sub-Saharan Africa’s growth outpaces global average, but rising debt and aid cuts threaten stability.
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.
However, rising domestic debt—now half of the region’s total—alongside declining foreign aid and volatile markets pose risks.
Kenya faces a critical Eurobond maturity, while Uganda’s World Bank partnership resumed after a political pause.
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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El crecimiento de África subsahariana supera al promedio mundial, pero el aumento de la deuda y los recortes de la ayuda amenazan la estabilidad.