Plunging oil prices, sluggish growth in the developed world and a slowdown in China’s pace of industrialization will bring down sub-Saharan Africa’s growth rate this year to its lowest in two decades, the World Bank said Monday. Economic output is expected to grow by 4% across the region in 2015, the World Bank said in its biannual economy report “Africa Pulse,” significantly below the historic average of 4.4%. While that is still well above the global economy average, seen by the World Bank at 2.9% for 2015, the decline highlights how vulnerable the world’s second-fastest growing region is, both from trouble at home and abroad. Growth will pick up in sub-Saharan Africa in 2016 to reach 4.5%, but […]