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    Home»Opinion»IMF report on African countries posting strongest economic growth
    Opinion

    IMF report on African countries posting strongest economic growth

    ElanBy ElanOctober 16, 2026No Comments1 Min Read
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    global locomotive

    In its regional economic outlook, the IMF forecasts GDP growth of 4.5% in 2026 and 2027 for sub-Saharan Africa, despite the war in the Middle East. That average masks wide disparities.

    By
    Alix Lavoué

    Oil-producing countries are among those faring well, with their 2026 GDP growth forecasts revised upward from 4% to 4.1%. Pictured here is the Simandou mine in Guinea.

    Oil-producing countries are among those faring well, with their 2026 GDP growth forecasts revised upward from 4% to 4.1%. Pictured here is the Simandou mine in Guinea. © Luc Gnago/REUTERS

    Published
    on October 16, 2026
    at
    15:00 pm (GMT +1)

    The energy shock from the Gulf war has not derailed African growth. In the update to its Regional Economic Outlook, the International Monetary Fund (IMF) has even raised its 2026 forecast by 0.2 points to 4.5%, the same pace as in 2025.

    According to Zeine Ould Zeidane, director of the IMF’s African Department, this resilience stems first and foremost from the “significant reforms” carried out in recent years, which made it possible to rebuild room for manoeuvre before the shock. But “the stability of regional growth masks very different national trajectories”, the report warns.

    African Countries Economic Growth IMF posting Report strongest
    Elan
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