Africa: Economic Growth Is Speeding Up in Africa, but Uncertainty Clouds Outlook

Africa: Economic Growth Is Speeding Up in Africa, but Uncertainty Clouds Outlook

Press Release - Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027. This growth is mainly due to increased private consumption and investments as inflation cools down and currencies stabilize. The median inflation rate in the region declined from 7.1% in 2023 to 4.5% in…

In a particularly shaky international context, Sub-Saharan Africa has strong growth prospects, although down from previous forecasts.

Africa’s trade, economic growth lies on AfCFTA – World Bank

AfCFTA seeks to eliminate trade barriers and promote intra-African trade The African Continental Free Trade Area (AfCFTA) presents a significant opportunity for trade growth and economic development in Africa, the World Bank has said amid recent trade tensions. It has, therefore, urged African governments to provide an enabling environment to expand and make its markets […] The post Africa’s trade, economic growth lies on AfCFTA – World Bank app…

Regional growth on upward trajectory – World Bank

Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. That’s according to the 31st edition of the World Bank’s Africa Pulse report. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027. This growth is mainly due to increased private consumption and

Economic growth is speeding up in Africa but uncertainty clouds outlook

Sierra Leone Telegraph: 25 April 2025: Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027, according to the latest edition of Africa’s Pulse, published yesterday by the World Bank. This growth, the report says, is mainly due to increased private consumption and investme…

Economic growth is speeding up in Africa, but uncertainty clouds outlook

Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027. This growth is mainly due to increased private consumption and investments as inflation cools down and currencies stabilize. The median inflation rate in the region declined from 7.1% in 2023 to 4.5% in 2024. However, …