Contents
- Executive Summary
- Cameroon
- Côte d'Ivoire
- Democratic Republic of Congo (DRC)
- Egypt
- Ghana
- Kenya
- Morocco
- Nigeria
- Senegal
- South Africa
- Quarterly & Annual Data Tables
Executive Summary
- Uncertainties surrounding US tariff policies and impositions are rattling financial markets and raising concerns about an economic recession as growth slows. In its April 2025 World Economic Outlook (WEO), the International Monetary Fund (IMF) revised its global growth forecast downward by 0.5 percentage points (ppt) to 2.8%, with notable slowdowns in Europe, the United States, Emerging and Developing Asia, and Sub-Saharan Africa (SSA). The Fund also revised Nigeria and South Africa’s 2025 GDP growth projections by 0.2 percentage points and 0.5 percentage points to 3% and 1%, respectively.
- African economies remain highly susceptible to global shocks, with international uncertainties influencing domestic economic dynamics. As of March 2025, inflation rose in Kenya, Nigeria, and Egypt. Meanwhile, central banks in these countries modestly cut or held rates to align
