Contents

• Executive Summary 
• Ethiopia
• Kenya
• Rwanda
• Uganda
• Quarterly & Annual Data Tables

Executive summary

• East Africa remains home to some of the continent's fastest-growing economies. In the first quarter of 2025, Uganda's real GDP expanded to 8.6%, a notable increase from 7.1% in the same period of 2024. This growth was driven by a strong performance in the services and industry sectors, as well as significant investments in the burgeoning oil sector. Similarly, Rwanda's growth stood at 7.8% in Q1 2025. This positive growth momentum suggests a medium-term expansion in consumption and broader economic activities, which could support long-term investments.
• Sector priorities vary across East African economies. For example, Ethiopia is aggressively driving to boost the contribution of agriculture to its GDP, aiming for lower food prices to achieve self-sufficiency and improved exports to increase foreign exchange earnings. Following the forex liberalisation, the country recorded a 33% rise in foreign exchange in the