Africa: Central Africa Faces Slowing Growth, Budget Strain, and Rising Risk
TLDR The Central African Economic and Monetary Community (CEMAC) saw GDP grow by 3% in 2024, led by Cameroon and Chad But growth is expected to slow to 2.4% in 2025 due to declining oil prices and weaker global trade The World Bank warns that without reforms in governance, tax systems, education, and competitiveness, CEMAC…