… projects Nigeria to grow by 4.1% in 2026
Nigeria and Ang ola are set to emerge as rare beneficiaries of the energy price surge triggered by the conflict in the Middle East, even as most Sub-Saharan African economies face weaker growth, rising inflation and mounting fiscal pressures, according to the World Bank.
In its latest Global Economic Prospects report, released Thursday, the World Bank said higher energy prices are expected to provide support for oil-exporting economies, particularly Nigeria and Angola, while placing significant strain on countries that rely heavily on imported fuel.
The lender expects growth in Sub-Saharan Africa to ease slightly to 4.0 percent in 2026 from an estimated 4.1 percent in 2025, reflecting the impact of higher commodity prices and weaker global demand linked to the Middle East conflict.
The 2026 growth forecast for the region was revised downward by 0.3 percentage points from the projection released
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