The annual report of the Economist Intelligence Unit (EIU) listed the 15 African countries among the 20 fastest-growing global economies in 2025. And Senegal appears in this list just like Rwanda, Libya, Côte d’Ivoire. Ivory, Uganda and Ethiopia, reports the newspaper Le Soleil.
“Senegal forecasts a growth rate of 8.8% for 2025, as indicated in the finance law currently being examined in the National Assembly. This performance is part of a continental dynamic, where 44 out of 54 African countries should record growth rates higher than those of 2024″, indicates the report entitled “Africa Outlook 2025: Driving investment opportunities amid political pressures”.
According to the document, this economic acceleration will be supported by an improvement in financial conditions, a decline in inflation, an increase in foreign investment, and the expected performance of the service and industrial sectors.
The EIU forecasts a significant increase in foreign direct investment (FDI) in Africa in 2025, particularly in the hydrocarbons, mining, renewable energy, fintech, agro-industry and pharmaceutical sectors.
“The continent will continue to attract foreign companies, notably thanks to the expansion of the oil and gas sectors, and the abundance of strategic minerals necessary for the energy and digital transition. The competition between the United States and China for securing access to these resources, as well as the growing interest of Gulf Arab countries in the development of logistics hubs, will also mark the year 2025,” the report predicted.
However, 28 African countries will remain engaged in reform programs supported by the International Monetary Fund (IMF). These nations will continue to face major challenges, including: Persistent inflation, supply chain disruptions, geopolitical tensions, social risks and the growing impacts of climate change.
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