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Africa Defies Trade Turmoil with Stronger Growth Forecast for 2025

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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

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