Sub-Saharan Africa growth not enough to dent poverty, says World Bank

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Sub-Saharan Africa growth not enough to dent poverty, says World Bank
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Everything to know about the April 8 eclipse in Atlantic Canada | SaltWire #eclipse | SaltWireJOHANNESBURG - Economic growth is set to rise for the next two years in Sub-Saharan Africa, but not enough to make a significant dent in poverty on the continent, the World Bank said in a report on Monday.

"Per capita GDP growth of 1% is associated with poverty reduction of only 1% in the region, compared to 2.5% in the rest of the world." West Africa's biggest economy, Nigeria, is forecast to grow 3.3% this year, below its long-term average.

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