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Stock impact report

15 Fastest Growing African Economies in 2024 [Yahoo! Finance]

Sasol Ltd. American Depositary Shares (SSL) 
US:NYSE Investor Relations: sasol.com/investor-centre/overview
Company Research Source: Yahoo! Finance
If you want to skip our detailed analysis, you can go directly to the 5 Fastest Growing African Economies in 2024 Economic Outlook of Africa The global economic recovery has continued to slow down after hitting a projected high of 6% after the pandemic in 2021. According to the IMF , global growth was estimated at 3.5% in 2022 and 3.1% in 2023. The growth projections for 2024 also show signs of flattering economic recovery, with economic growth projections staying stagnant at 3.1%. The African region is not immune to stunted economic growth and faces a multi-crisis situation. Some of the foremost obstacles hindering Africa's economic growth include increased cost of living, increased effects of climate change, geopolitical tensions, and the aftereffects of the health pandemic. Africa's economic growth trajectory has flattened over the past few years. According to the January 2024 report by the African Development Bank, the real GDP growth of Africa declined from 4.1% in 2022 to Show less Read more
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