ECONOMIC OUTLOOK

East Africa expected to be continent’s star economic performer in 2025

By our African Marketing Confederation News Team | 2025

Ethiopia, Kenya, Rwanda, Uganda and Tanzania will help to drive regional growth of 6%, UN report predicts. West Africa to grow at 4.1%.

East Africa is expected to grow the fastest among Africa’s regions in 2025, with a growth rate of 6%, according to the ‘World Economic Situation and Prospects 2025’ report published by the United Nations.

East Africa will lead the continent’s growth in 2025. Photo: Mukula Igavinchi, Pexels

The report from the UN’s Department of Economic and Social Affairs believes this growth will be driven by strong economic performances by countries including Ethiopia, Kenya, Rwanda, Uganda and Tanzania.  

 

West Africa’s GDP is forecast to grow at 4.1%, North Africa at 3.6%, Central Africa at 3%, and Southern Africa at 2.2%. 

 

The UN says the continent’s improved economic outlook will result from to easing of supply chain disruptions, relaxed financial conditions, and a strong rebound in international tourism to the continent.  

 

But challenges do remain. These including regional conflicts, rising debt service costs, youth unemployment, the impact of climate change, and persistent inflation. 

Overall, the UN expects economic growth in Africa as a whole to strengthen from an estimated 3.4% in 2024 to 3.7% in 2025 and 4.0% in 2026. 

 

SSA region to grow 4.2%, says Moody’s 

 

Meanwhile, an economic report on sub-Saharan Africa released by the US-based Moody’s ratings agency this month forecasts that the SSA region will grow by 4.2% in 2025, compared to 3.8% in 2024. 

 

South Africa’s improvement will be gradual, despite a significant reduction in power cuts, while Nigeria is likely to continue its efforts to establish a more efficient foreign exchange market. 

 

The ratings agency also expects stronger economic growth in Angola and the Republic of Congo in 2025 due to the exploitation of new oil and gas projects that will offset the decline in production from older fields.  

 

Namibia and the DRC, both of which produce raw materials essential for the energy transition, will see a significant increase in foreign direct investment. 

 

Zambia faces an ongoing challenge due to the persistent drought that has disrupted the supply of hydroelectric power and impacted mining production.

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    Dr Kin Kariisa

    Group CEO - Next Media

    Dr. Kin Kariisa is an extraordinary force at the helm of Next Media Services, a conglomerate encompassing NBS TV, Nile Post, Sanyuka TV, Next Radio, Salam TV, Next Communication, Next Productions, and an array of other influential enterprises. His dynamic role as Chief Executive Officer exemplifies his unwavering commitment to shaping media, business, and community landscapes.
    With an esteemed academic journey, Dr. Kariisa’s accolades include an Honorary PhD in exemplary community service from the United Graduate College inTexas, an MBA from United States International University in Nairobi, Kenya, a Master’s degree in Computer Engineering from Huazong University in China, and a Bachelor’s degree in Statistics from Makerere University.
    Dr. Kariisa pursued PhD research in Computer Security and Identity Management at Security of Systems Group, Radboud University in Nijmegen, Netherlands. As a dynamic educator, he has shared his expertise as a lecturer of e-Government and Information Security at both Makerere University and Radboud University.

    Dr Kin did his PhD research in Computer Security and Identity Management at Security of Systems Group, Radbond University in Nigmegen, Netherlands. He previously served as a lecturer of e-Government and Information Security at Makerere University in Kampala, Uganda and Radbond University in Netherlands.

    Dr Kin did his postgraduate courses in Strategic Business Management, Strategic Leadership Communication and Strategies for Leading Successful Change Initiatives at Harvard University, Boston USA.

    • Other current and previous roles played by Dr Kin Kariisa:
    • Lecturer of e-Government and Information Security to graduate students at Makerere University, Kampala and Radbond University in the Netherlands
    • Director of Eco Bank Uganda Limited, one of the largest banks in Africa
    • Chairman of the National Association of Broadcasters, an umbrella industry association for all Television, Radio and online broadcasters in Uganda.
    • Chairman of Board of Directors of Nile Hotel International, that owns the leading hotel in Uganda, Kampala Serena Hotel.
    • Chairman of Board of Directors of Soliton Telmec Uganda, the leading telecom company in Optic fibre business managing over 80% of optic fibre in Uganda.