The World Bank's latest Global Economic Prospects report has shed light on the top 10 African countries with the highest economic forecast for mid-2024. Niger takes the top spot with a projected growth rate of 9.1%, followed closely by Rwanda, Senegal, Ethiopia, and Côte d'Ivoire.

This news is significant for the tech and startup community as it indicates a growing demand for digital solutions and innovation in these economies. As domestic demand picks up, entrepreneurs and startups can capitalize on opportunities in these markets, particularly in sectors such as fintech, healthtech, and e-commerce.

The report highlights that growth in Sub-Saharan Africa will be fueled by a pickup in domestic demand, while North Africa's growth will be accelerated by its oil production. However, challenges persist, including poor government balance sheets, inadequate revenue collection, and high debt-service costs.