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Sub-Saharan Africa's Economy to Grow Amid Job Crisis

10/8/2025

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Summary

Story summary

Sub-Saharan Africa's economy is projected to grow 3.8% in 2025, up from 2024, aided by easing inflation.
South Africa's GDP is to rise from 0.5% in 2024 to 0.9% in 2025, but reforms are needed.
Over 12 million South Africans are unemployed.
The Centre for Development and Enterprise (CDE) urges permanent job creation over temporary work schemes.

History

Historical Context

South Africa's transition to democracy in 1994 marked the end of apartheid, with the African National Congress (ANC) winning the first multiracial elections. Despite initial reforms, economic disparities persist, with over 12 million unemployed today. The Centre for Development and Enterprise highlights the need for sustainable job creation, reflecting ongoing challenges in addressing poverty and inequality since apartheid's end.

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Story summary

Sub-Saharan Africa's economy is projected to grow 3.8% in 2025, up from 2024, aided by easing inflation.
South Africa's GDP is to rise from 0.5% in 2024 to 0.9% in 2025, but reforms are needed.
Over 12 million South Africans are unemployed.
The Centre for Development and Enterprise (CDE) urges permanent job creation over temporary work schemes.

1 / 2