The World Bank released its latest edition of Africa's Pulse report on October 6, 2021. According to the financial institution, sub-Saharan Africa is expected to emerge from the recession caused by the COVID-19 pandemic with a growth level expected at 3.3% for 2021. But for this, it will be necessary to deploy substantial additional funding.

High commodity prices, the relaxation of measures put in place to fight the pandemic and the resumption of international trade... are all factors that are propelling sub-Saharan Africa's growth. Nevertheless, the Africa's Pulse report notes that the recovery remains fragile due to the low vaccination rate on the continent, prolonged economic damage and the lack of dynamism of the recovery. " Nevertheless, the region needs substantial additional financing to combat the effects of the pandemic, the climate crisis and to ensure an inclusive and robust recovery," said Albert Zeufack, World Bank Chief Economist for Africa. on the occasion of the launch of the October 2021 edition of Africa's Pulse report.

According to World Bank experts, growth is expected to be around 4% in 2022 and 2023, lagging behind advanced economies and emerging markets in recovery, reflecting sluggish investment in sub-Saharan Africa. "Easy and equitable access to safe Covid-19 vaccines and effective is key to saving lives and strengthening economic recovery in Africa," said Albert Zeufack, Chief Economist for the Africa Region at the World Bank. He continues : "Faster deployment of vaccines would accelerate regional growth to 5.1% in 2022 and 5.4% in 2023, with easing lockdown measures stimulating consumption and investment ."