Published during the Bank’s 32nd Annual Meetings in Abuja under the theme African Trade in a Changing Global Financial Architecture, the report noted that Africa’s overall economic growth is expected to gain modest momentum—rising from 3.2% in 2024 to 4% in 2025, and further strengthening to 4.2% in 2026.
The African Trade Report 2025, issued by the African Export-Import Bank (Afreximbank), has forecasted a 3.8% growth rate for the Egyptian economy in 2025.
Published during the Bank’s 32nd Annual Meetings in Abuja under the theme African Trade in a Changing Global Financial Architecture, the report noted that Africa’s overall economic growth is expected to gain modest momentum—rising from 3.2% in 2024 to 4% in 2025, and further strengthening to 4.2% in 2026.
The report highlighted several key drivers behind the continent’s growth prospects, including robust growth expectations for major and medium-sized economies such as Egypt (3.8%), Algeria (3.5%), Ethiopia (6.1%), Morocco (3.9%), Tanzania (6.1%), and Uganda (6%).
Other contributing factors to Africa’s projected economic expansion include rising global demand for African exports, easing inflationary pressures which are boosting private consumption, improved access to credit and investment through monetary policy, and ongoing structural reforms aimed at diversifying African economies and their sources of growth.
However, the report warned of downside risks stemming from escalating geopolitical tensions, trade wars, and growing policy uncertainty. Additionally, economic slowdowns in China and the United States—the world’s two largest economies—are negatively affecting global financial conditions and weakening demand for African commodities, thereby impacting regional output.
Despite these risks, the report emphasized that continued implementation of the African Continental Free Trade Area (AfCFTA) is helping to cushion the impact of external shocks. The agreement is promoting deeper regional integration, intra-African trade, and investment, thereby stimulating economic activity across the continent.
