Economic Growth is Speeding Up in Africa

2025-05-12

The World Bank projects that economic growth in Sub-Saharan Africa 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.

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