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CEOWORLD magazine - Latest - Stats Gate - Africa’s Economic Outlook: Top 10 Growth Performers in 2025

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Africa’s Economic Outlook: Top 10 Growth Performers in 2025

Africa continues to position itself as a region of robust economic dynamism, with several nations expected to achieve significant GDP growth in 2025. According to the World Economic Outlook report by the International Monetary Fund (IMF), GDP growth across sub-Saharan Africa (SSA) is forecasted to accelerate.

The IMF report stated that GDP growth in SSA is projected to rise from an estimated 3.6% in 2023 to 4.2% in 2025 as the adverse effects of earlier weather-related shocks diminish and supply constraints gradually ease. The report also noted slight revisions to earlier regional projections, with growth estimates adjusted downward by 0.2 percentage points for 2024 and upward by 0.1 percentage points for 2025.

This optimistic outlook signals new opportunities for investors, making Africa an increasingly attractive destination for economic engagement. Key sectors such as manufacturing, services, technology, and infrastructure are expected to benefit significantly from this growth. Increased investment in these areas could amplify economic expansion, fostering further development across the continent.

Top 10 African Economies Forecasted for the Highest GDP Growth in 2025

  1. South Sudan – 27.2%
    South Sudan is expected to lead Africa’s economic growth in 2025, with a projected GDP increase of 27.2%. Efforts to stabilize the economy and improve governance are reportedly yielding positive results, despite past challenges.
  2. Libya – 13.7%
    Libya’s growth forecast of 13.7% is attributed to the oil sector, which continues to play a pivotal role in driving the country’s economic recovery.
  3. Senegal – 9.3%
    Senegal’s economy is projected to grow by 9.3%, reflecting ongoing investments in infrastructure and diversification efforts, particularly in agriculture and energy.
  4. Sudan – 8.3%
    Despite political and economic uncertainties, Sudan is expected to achieve 8.3% GDP growth, supported by initiatives to attract investment and enhance public financial management.
  5. Uganda – 7.5%
    Uganda’s growth rate of 7.5% is driven by advancements in agriculture, infrastructure projects, and investments in oil exploration, complemented by a focus on economic transformation.
  6. Niger – 7.3%
    Niger’s projected 7.3% growth stems from agricultural reforms and a thriving mining sector, both of which continue to bolster economic output.
  7. Zambia – 6.6%
    Zambia is forecasted to grow by 6.6%, with copper production and diversification efforts across other sectors contributing to the economic expansion.
  8. Rwanda – 6.5%
    Rwanda is expected to sustain its strong growth trajectory with a 6.5% GDP increase, driven by investments in technology and regional trade initiatives.
  9. Benin – 6.5%
    Benin’s growth forecast of 6.5% reflects strides in strengthening its agricultural sector and improving trade connectivity within the region.
  10. Ethiopia – 6.5%
    Ethiopia is projected to achieve a 6.5% growth rate, with construction, manufacturing, and agriculture serving as key drivers of its economic performance.

As Africa’s economies gain momentum, the IMF emphasizes that addressing risks such as political instability, climate impacts, and external economic pressures remains critical. Leveraging these growth opportunities will require sustained investment and policy focus to ensure long-term economic resilience and prosperity.

 

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CEOWORLD magazine - Latest - Stats Gate - Africa’s Economic Outlook: Top 10 Growth Performers in 2025
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz