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International Business Times
International Business Times
Business
AFP News

'Resilient' Africa Set For Growth Rebound: ADB

Akinwumi Adesina, president of the African Development Bank, said inflationary pressures on the continent remain 'entrenched' (Credit: AFP)

Africa saw the pace of economic growth sag last year as inflation continued to rise but is set to rebound this year, the African Development Bank said Friday.

In its latest report on the state of the continent's economy, the ADB said that Africa had yet to benefit from falling inflation seen in other parts of the world.

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