Report
• 21 November 2025

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About the report

Despite rising fragmentation and uncertainty in global trade policy, Africa’s economic growth outlook has improved. Average real GDP growth is projected at 4.2 percent for 2025 and 4.3 percent for 2026. This growth rate is 0.3 percentage point higher in both periods than the projections in the May 2025 African Economic Outlook (AEO), reflecting ongoing reforms and measures to address structural rigidities across several countries. The positive outlook is underpinned by buoyant private consumption spending, accommodative monetary policy, a weaker US dollar that is aiding disinflation, and stronger growth among key trading partners.

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AfDB report

Africa’s Macroeconomic Performance and Outlook - November 2025 update