Africa in 2025
This year will see several African countries consolidate their return to a growth trajectory in the aftermath of COVID, even as security challenges in the Horn and Sahel endure.
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I: The Continent will continue on its post-COVID growth path despite enduring macro challenges. Countries under IMF programs will yield mixed results from fiscal consolidation and other stabilization efforts.
(1) African economies will dominate the list of the fastest growing economies in 2025, in a continuation of the post-Covid recovery. 44 African countries will grow faster than the global average (3.2%) this year. Among the best performers, Côte d’Ivoire, Tanzania, Senegal, Benin, and Rwanda remain terribly underrated as investment destinations. Rwanda is slowly but surely consolidating its position as a logistics hub and could do a lot more to attract talent from elsewhere on the Continent and beyond to power its business services and tech sectors. Benin continues to make strides in its textiles sector and has a massive untapped proximity-to-Nigeria premium. …