1、Mobilizing Private Sector Financing for Climate and Green Growth in AfricaAfricanEconomicOutlook2023The opinions expressed and arguments employed herein do not necessarily reflect the official views of the African Development Bank,its Boards of Directors,or the countries they represent.This doc-umen
2、t,as well as any data and maps included,are without prejudice to the status of or sovereignty over any territory,to the delimitation of international frontiers and boundaries,and to the name of any territory,city,or area.ISBN:978-0-9765655-6-7 African Development Bank 2023You may copy,download,or pr
3、int this material for your own use,and you may include excerpts from this publication in your own documents,presentations,blogs,websites,and teaching materials,as long as the African Development Bank is suitably acknowledged as the source and copyright owner.iiiFOREWORDAfrican economies have consoli
4、dated their recovery from the debilitating impact of COVID-19 while navigating an uncertain global environment characterized by the tightening of global financial conditions,spillover effects of Russias invasion of Ukraine,1 subdued global growth,and persistent climatic threats.These multiple and dy
5、namic shocks have weighed on Africas growth momentum,with growth in real gross domestic product(GDP)estimated at 3.8percent in 2022,down from 4.8percent in 2021.The GDP growth in 2022 is above the global average of 3.4percent,and all but two African countries posted positive growth rates.Despite sig
6、nificant headwinds,Africa has also shown remarkable resilience,evident in the projected consolidation of economic growth in the medium term.The outlook remains positive and stable,with a projected rebound to 4percent in 2023 and further consolidation to 4.3percent in 2024.Our projections show that 1