Africa: AfDB Lowers Africa's Economic Growth Forecast Amid Global Tariff Tensions

Africa: AfDB Lowers Africa's Economic Growth Forecast Amid Global Tariff Tensions

Africa's economic growth is expected to increase from 3.3 per cent in 2024 to 3.9 per cent in 2025, going up to 4.0 per cent in 2026, according to the African Development Bank's (AfDB) African Economic Outlook 2025 released on Tuesday, May 27.

Africa’s GDP to hit 4% in 2026, $1.43trn extra revenue  achievable – Report – Businessamlive

Bamidele Famoofo With the right policies, Africa has the potential to mobilize an additional $1.43 trillion in domestic resources from both tax and non-tax revenue sources, and curbing leakages. The African Economic Outlook report from the African Development Bank ( AfDB) which made the disclosure also hinted that the Continent’s economy will record a 4 per cent growth by 2026. “Africa’s economy is projected to increase from 3.3 percent growth i…

Tariff tensions trim Africa’s 2025 growth forecast, warns AfDB – The North Africa Post

Africa’s economic growth is expected to hit 3.9% in 2025, up from 3.3% in 2024, but still lower than previously projected, according to the African Development Bank (AfDB). In its latest African Economic Outlook report, released during its annual meeting in Côte d’Ivoire, the Bank downgraded its forecast by 0.2 percentage points, citing uncertainty caused […]

The Republic of Guinea anticipates an economic growth rate of 7.1% for 2025, announced this Tuesday, 27 May in Conakry, General Amara Camara, Secretary-General for the Presidency of the Republic. This statement was made in the margins of the official launch of the work on the review of the self-assessment report on...

AfDB lowers Africa’s economic growth forecast amid global tariff tensions

Africa’s economic growth is expected to increase from 3.3 per cent in 2024 to 3.9 per cent in 2025, going up to 4.0 per cent in 2026, according to the African Development Bank’s...

AfDB Revises Africa’s 2025 Growth Forecast Amid Tariff Tensions

US tariffs and retaliatory measures prompt caution in AfDB African economic outlook. AfDB – Trade Disruptions Prompt Economic Reassessment The African Development Bank (AfDB) has adjusted its 2025 economic growth forecast for the continent to 3.9%, a slight decrease from earlier projections. The findings were released in the annual African Economic Outlook report. This revision is attributed to global trade uncertainties, particularly the imposi…