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Browsing: Africa’s economic growth forecast
- The AfDB projects real GDP growth to accelerate to 4.1 percent in 2025 and 4.4 percent in 2026.
- However, Africa’s growth remains below the 7 percent threshold required for substantial poverty reduction.
- The continent also continues to grapple with geopolitical tensions, structural weaknesses, climate-related disasters, and prolonged conflicts in regions such as the Sahel and the Horn of Africa.
Africa’s economy is picking up, showing signs of improvement but remains vulnerable to persistent threats that could derail economic gains in the next 12 months.
According to the 2025 Macroeconomic Performance and Outlook (MEO) by the African Development Bank (AfDB), the continent is forecast to post a GDP growth of 4.1 percent in 2025 and 4.4 percent next year. This economic expansion is attributable to ongoing economic reforms, declining inflation, and improved fiscal and debt positions.
The AfDB report was unveiled on the sidelines of the 38th Ordinary Session of the …