According to the International Monetary Fund April 2014 World Economic Outlook, Sub-Saharan Africa (SSA) is forecast to grow by over 5 per cent in 2014, up from 4.9 per cent in 2013.
SSA saw substantial capital inflows in 2013 totalling $ billion 2, with countries such as Ghana, Nigeria and Zambia in particular benefitting from an increase in portfolio inflows, reflecting growing positive global business sentiment towards Africa. There has also been robust loan demand within the region, according to the Institute of International Finance’s survey on emerging market bank lending conditions.