Meanwhile, the IMF expects Tanzania and Uganda economies to grow by 5.2% and 5.7%, respectively, while Rwanda growth forecast has been lowered to 6.2% from 6.8% last year. The fund predicts that sub-Saharan Africa’s growth rate will decline to 3.6% this year, followed by a rebound to 4.2% in 2024. The lender noted that funding constraints would also have long-term implications on the region’s growth potential. Senegal has the highest growth projection, expected to grow 8.3%, while South Africa growth is forecast to slow sharply to 0.1% this year.