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World Bank Cuts Sub-Saharan 2018 Growth Forecast as Risks Mount

The World Bank reduced its forecast for economic growth in sub-Saharan Africa as the external environment becomes less favorable amid mounting global trade risks and weakening demand for the area’s products. Gross domestic product in the region will probably expand by 2.7 percent in 2018, the Washington-based lender said in an emailed copy of its…

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