Top 10 fastest-growing African economies in 2025

A general view shows a street in Kigali
FILE PHOTO: A general view shows a street in Kigali, Rwanda, April 26, 2024. REUTERS/Jean Bizimana/File Photo
Source: REUTERS

Despite global economic headwinds, several African nations are set to post some of the world’s fastest GDP growth rates in 2025, according to the International Monetary Fund (IMF).

Despite global economic headwinds, several African nations are set to post some of the world’s fastest GDP growth rates in 2025, according to the International Monetary Fund (IMF). Energy sector rebounds, infrastructure projects, political stabilisation, and investment-friendly reforms are driving the surge.

Here’s a breakdown of the top 10 fastest-growing African economies and the factors propelling their expansion.

Top 10 Fastest-Growing African Economies in 2025: IMF Projections

1. South Sudan – 27.2%

South Sudan is projected to record the highest GDP growth globally in 2025 at 27.2%. The recovery is driven by oil production rebounds after years of civil conflict and disruptions. However, analysts warn that the growth is from a very low base, with poverty, political instability, and dependence on crude exports posing ongoing risks.

2. Libya – 13.7%

After a decade of political turmoil, Libya’s economy is rebounding sharply, with the IMF forecasting 13.7% growth in 2025. This surge is largely oil-driven, as production ramps up and global energy prices stabilise. The government is also investing in reconstruction projects, but long-term sustainability hinges on political reconciliation.

3. Senegal – 9.3%

Senegal’s economy is expected to grow by 9.3% in 2025, propelled by the start of large-scale oil and gas production from the Sangomar field and the Greater Tortue Ahmeyim project. These developments, coupled with strong agriculture and infrastructure investments, position Senegal as one of West Africa’s most dynamic economies.

4. Sudan – 8.3%

Despite conflict and humanitarian crises, Sudan is projected to grow by 8.3% in 2025, mainly from agricultural exports, informal trade, and the possible easing of sanctions. However, analysts caution that political instability could derail these gains.

5. Uganda – 7.5%

Uganda’s 7.5% growth forecast is underpinned by oil production developments in the Lake Albert region, infrastructure expansion, and services sector growth. The East African Crude Oil Pipeline (EACOP) project, though controversial, is expected to be a major economic driver.

6. Niger – 7.3%

Niger is set for 7.3% GDP growth as uranium mining, agriculture, and regional trade expand. Despite recent political upheaval, international partners remain engaged in energy and infrastructure projects.

7. Zambia – 6.6%

Zambia’s growth forecast of 6.6% reflects recovery in copper production and debt restructuring progress. The mining sector is benefiting from global demand for critical minerals used in electric vehicle batteries.

8. Ethiopia – 6.5%

Ethiopia is expected to post 6.5% growth, supported by manufacturing, agriculture, and a gradual easing of internal conflicts. Reforms to attract foreign direct investment (FDI) in telecoms and finance are also gaining traction.

9. Rwanda – 6.5%

Rwanda’s 6.5% GDP growth will be driven by tourism recovery, infrastructure development, and tech sector expansion. The government continues to position Kigali as a hub for conferences and innovation.

10. Benin – 6.5%

Benin rounds out the list with 6.5% growth, propelled by port expansions, cotton exports, and transport corridor projects linking it with Nigeria and Niger.

While these growth rates are impressive, the IMF cautions that GDP expansion does not always translate into broad-based development. Inflation, inequality, political instability, and climate-related shocks remain major risks.

Sustaining growth will require economic diversification, investment in human capital, and stronger governance.

This story is written and edited by the Global South World team, you can contact us here.

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