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Exciting Growth Ahead for Sub-Saharan Africa – Spotlight on Sudan! The International Monetary Fund (IMF) projects Sub-Saharan Africa (SSA) to grow by 3.6% in 2024, holding steady from 2023 and accelerating to 4.2% in 2025. ETK Group

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Exciting Growth Ahead for Sub-Saharan Africa – Spotlight on Sudan! The International Monetary Fund (IMF) projects Sub-Saharan Africa (SSA) to grow by 3.6% in 2024, holding steady from 2023, and accelerating to 4.2% in 2025. 🏆 Sudan stands out as the 4th fastest-growing economy in Africa for 2024 according to the IMF! The country’s economy is expected to rebound from a contraction of (20.3%) in 2024 to a growth of 8.3% in 2025, largely fueled by increased reconstruction spending, particularly in social services and infrastructure, along with the revival of economic activity across various sectors. Sudan boasts vast arable land 🌾 and untapped mineral wealth💎, including gold and oil. Let’s dive into Sudan’s 2024 macroeconomic indicators: 👥Population: 49.1 million (0.63% of the world’s population) 🏙️Urbanised population (2025): 18.22 million (35.3%) 🧑🤝🧑Median Age: 18.7 💰GDP: $29.79 billion USD 🌐Internet users: 13.99 million (28.7% penetration) 📱Mobile connections: 29.15 million (59.8% of the population) 📲Social media users: 2.91 million (6.0%) Top platforms: Facebook (65.9%), Twitter (16.18%), YouTube (11.43%), Instagram (5.42%) 🌏 Major Trade Partners: Imports: 🇨🇳 China (17%), 🇷🇺 Russia (15%), 🇸🇦 Saudi Arabia (10%), 🇮🇳 India (8%), 🇦🇪 UAE (8%) Exports: 🇦🇪 UAE (27%), 🇨🇳 China (20%), 🇸🇦 Saudi Arabia (16%), 🇪🇬 Egypt (16%), 🇮🇳 India (3%). Unlock African Opportunities with ETK Did you know that Africa is home to some of the fastest-growing economies in the world, but market entry can be complex. At ETK Group, we simplify your journey into African with actionable insights tailored for your business. Our platform combines exclusive local insights with global data to help you identify high-potential opportunities while mitigating risks. Explore our market expansion services today and unlock the potential of Africa’s high-growth economies! Data Sources: @Datareportal, IMF

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