The annual report of the “Economist Intelligence Unit” (Eiu) reveals that 15 African countries, including Senegal, Rwanda, Libya, Ivory Coast, Uganda, Ethiopia, etc., will appear in the Top 20 of the economies expected to record the highest growth rates globally in 2025.
In its 2025 finance law, currently under review in the National Assembly, Senegal expects growth of 8.8%. Also, 44 out of 54 African countries should record, in 2025, growth rates higher than those of 2024, according to the report “Africa Outlook 2025: Driving investment opportunities amid political pressures” published by “The Economist Intelligence Unit reviewed by “Le Soleil “. This progression would be favored by an improvement in financial conditions, a drop in inflation, an increase in foreign investment and the expected performance of the services and industry sectors.
The outlook for world trade, strengthened intra-regional trade and support for vulnerable economies will also contribute to this dynamic. Foreign direct investment (FDI) is expected to “increase significantly” next year, benefiting key sectors, such as hydrocarbons, mining, renewable energy, fintech, agribusiness and the pharmaceutical industry.
“Foreign companies will continue to benefit from the expansion of Africa’s oil and gas sector and the abundance of minerals and metals deemed essential for the energy and digital transition. In particular, the competition between the United States and China to increase their influence and secure access to the continent’s resources will remain intense in 2025, as will the interest of Gulf Arab countries in the development of key logistics hubs. , specifies Eiu. However, 28 African countries will remain committed to IMF-supported reform programs while facing challenges including persistent inflation, supply chain disruptions, geopolitical tensions, social risks and growing impacts of climate change.
Samboudian KAMARA
World
