The World Bank Group has unveiled a new plan that calls for 16 billion U.S. dollars in funding to help African people and countries adapt to climate change and build up the continent’s resilience to climate shocks.
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Africa’s GDP growth to slow to 3.7 pct this year, World Bank
Economic growth is set to slow in Sub-Saharan Africa to 3.7 percent this year from 4.6 percent in 2014, its weakest pace since 2009, mainly due to the drop in commodity prices, the World Bank has said in its latest Africa pulse report.