Prospects for East Africa and the Great Lakes in 2023

Subject

Prospects for East Africa and the Great Lakes in 2023.

Significance

In early 2022, East and Central African economies were looking to build upon a modest post-pandemic recovery. Now, following the Russia-Ukraine conflict and a new global economic downturn, growth has slowed, a trend that will continue for most regional countries into 2023. Meanwhile, political crises persist, although there is now optimism some could ease in the year ahead.