East Africa’s economic outlook bullish despite Covid-19 setback, African Development Bank report projects

East Africa’s economic growth is expected to recover to an average of 4.1% in 2021, up from 0.4% posted in 2020, according to the African Development Bank’s latest economic outlook report for the region. In 2022, average growth is projected to hit 4.9%. The flagship report, launched on 28 October, reviews the socio-economic performance of 13 countries: Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, South Sudan, Sudan, Tanzania, and Uganda.

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