Africa's growth holds firm amid global turbulence, says 2026 African Economic Outlook
you are currently viewing::Africa's growth holds firm amid global turbulence, says 2026 African Economic OutlookMay 26, 2026-The continent recorded an estimated average GDP growth of 4.4 percent in 2025, with 22 economies posting rates above 5 percent. Africa's economies are projected to grow at 4.2 percent in 2026, moderating slightly from 4.4 percent in 2025, before rebounding to 4.4 percent in 2027. The findings of the 2026 African Economic Outlook, released Tuesday at the African Development Bank Group Annual Meetings in Brazzaville, underscore the continent's continued resilience in the face of geopolitical tensions, tighter global financial conditions, and supply chain disruptions. According to the Bank's flagship report, Africa's growth in 2025 was supported by improved macroeconomic management, stronger agricultural output, elevated commodity prices, and ongoing structural-reforms. The continent remains among the world's fastest-growing regions, with 22 countries projected to grow above 5 percent in 2025. Published under the theme, Mobilizing Africa's Development Financing at Scale in a Fragmented World, the report notes that sustaining faster, inclusive and more resilient growth would require a decisive shift towards mobilising and deploying capital at scale. Source: afdb.org |
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