(MENAFN) The International Monetary Fund (IMF) said economic growth in sub-Saharan Africa is seen to slow for a second consecutive year in 2015 on declining commodity prices, The Peninsula Qatar reported.
Overall, growth is projected to fall to 4.5 percent, a substantial downward revision of 1.25 percent since the IMF's previous forecast in October 2014, before rebounding to 5.1 percent in 2016.
The continent's economies also face risks from low growth in major trading partners, a stronger-than-expected tightening of global financing conditions and mounting domestic security threats.
"Exceptions were Guinea, Liberia, and Sierra Leone, where growth declined sharply as a result of the Ebola epidemic, which caused severe disruptions in agriculture and services," the IMF said.
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