Africa’s GDP is expected to expand by 3.8% by 2025, according to a survey

A research released by the United Nations Economic Commission for Africa (UNECA) projects that GDP growth in Africa will recover, hitting 3.8 percent in 2025 and 4.1 percent in 2026.

The report was made public on Wednesday during the 57th session of the Conference of African Ministers of Finance, Planning, and Economic Development organized by UNECA in Addis Ababa, the Ethiopian capital.

Zuzana Schwidrowski, director of UNECA’s macroeconomics, finance, and governance division, presented the report. She stated that while African economies are still robust, growth is not at a pace that would promote social development throughout the continent.

She claimed that because of geopolitical tensions, fragmentation, decreased funding, and global economic instability, there are still significant hazards to the continent’s development. While intra-African commerce is growing more dynamic and diverse in certain sub-regions of the continent, Schwidrowski claims that trade’s contribution to Africa’s growth is below historical levels.

Africa continues to be the second-fastest expanding region, according to the report, despite a decrease in inflationary pressure. Extreme poverty has decreased globally, but in 2024, it was still high in practically every African subregion, with the exception of North Africa.

Africa’s development benefits are still at risk due to climate change, the research added. In certain regions of the continent, food insecurity is predicted to remain as a result of decreased agricultural output brought on by rising temperatures.