Our Thinking

Africa Economic Outlook

Africa’s economic outlook reflects a delicate balance between gradual stabilisation and underlying structural vulnerabilities. Despite persistent challenges, including elevated debt levels, exposure to external shocks, and inflationary pressures, growth momentum is steadily strengthening across several economies. This recovery is being supported by ongoing policy reforms, increased infrastructure investment, and a gradual expansion in trade activity.

This report offers a forward-looking assessment of the continent’s macroeconomic trajectory over the 2026–2028 period, analysing key growth drivers and evolving economic trends across Africa. It also underscores the emerging opportunities shaping the continent’s future, particularly the implementation of the African Continental Free Trade Area (AfCFTA) and broader socio-economic policy developments.


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