Africa Defies Trade Turmoil with Stronger Growth Forecast for 2025

Africa’s economy is poised for stronger growth in 2025, despite the turbulence of global tariff wars, thanks to strategic investments in agriculture and energy infrastructure. The African Development Bank projects a regional growth rate of 3.9% this year, up from 3.3% in 2024, with further momentum expected in 2026. According to the regional development bank, twenty-one African countries are on track to achieve a growth rate exceeding 5%, despite the tariff shock and resulting uncertainty. The bank highlighted that four of these countries – Ethiopia, Niger, Rwanda, and Senegal – could go further and achieve a 7% growth rate. East Africa is set to benefit from rising manufacturing, driven by stronger regional trade, while new oil and gas outputs in West Africa will bolster activity.

Bloomberg