The International Monetary Fund (IMF) has raised its 2025 growth forecast for sub-Saharan Africa to 4.1%, up from its July projection of 4.0%, according to the latest World Economic Outlook report published on, October 14, 2025.
The figure also represents a 0.3-point increase compared with the April 2025 estimate. The IMF said the revision reflects the global economy’s gradual adjustment to a policy landscape reshaped by new trade measures and tariff realignments that have eased some earlier tensions.
Among the region’s largest economies, the Fund raised Nigeria’s growth outlook to 3.9% from 3% and South Africa’s to 1.1% from 1%. However, forecasts for several other countries were revised downward due to weaker international trade conditions and reduced foreign aid.
Earlier this year, a tariff war erupted after the United States sharply increased import duties on several trading partners, including African nations. The resulting retaliatory measures, particularly from China, heightened global trade tensions and prompted the IMF to downgrade growth projections in April.
Looking ahead, the Fund expects regional growth to accelerate to 4.4% in 2026, though risks remain elevated if trade frictions persist.
Globally, the IMF also revised growth upward to 3.2% for 2025 and 3.1% for 2026, representing a 0.4-point increase for next year.
Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to info...
• World Bank raises 2025 growth forecasts for Benin, Mali, Burkina, Côte d’Ivoire• Senegal and Niger...
• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...
• UAC of Nigeria acquired CHI Limited, known for Chivita juices and Hollandia dairy, from Coca-Cola ...
IFC will provide up to $40 million to Banque Islamique du Sénégal (BIS) under a Mourabaha agr...
The government seeks to reclaim CFA803 billion in unpaid taxes from 2023–2024. The campaign follows an audit by a task force reviewing domestic and...
Ghana’s President John Mahama unveiled plans for a 20-year green city project spanning Greater Accra, Volta, and the Eastern Region, inviting Chinese...
Spanish children’s fashion brand Martín Aranda plans to set up a textile and garment factory in Tunisia. Tunisia’s textile and clothing industry...
Botswana now requires mining companies to cede 24% of their permits to local investors, marking a major shift toward resource nationalism in southern...
The Great Zimbabwe National Monument stands as one of southern Africa’s most iconic archaeological sites, a silent witness to a thriving African...
African countries prepare to celebrate Intangible Cultural Heritage Day Planned events spotlight traditions, rituals, and cultural...