The International Monetary Fund (IMF) has left Nigeria out of its list of Africa’s fastest-growing economies, naming Benin, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda as the continent’s top performers. IMF’s African Department Director, Abebe Selassie, announced this during the presentation of the Fund’s latest Regional Economic Outlook for Sub-Saharan Africa on Thursday. He attributed the strong performance of the five countries to fiscal reforms, improved governance, and rising investment in infrastructure and manufacturing. According to the IMF, growth in Sub-Saharan Africa is expected to stabilise at 4.1 per cent in…
Read MoreIMF Excludes Nigeria from Africa’s Fastest-Growing Economies
