IMF Raises Growth Forecasts for Sub-Saharan African Countries

The IMF has raised its growth forecasts for the economies of Sub-Saharan African countries to 4.5 percent for the years 2026 and 2027, up from 4.3 percent in its previous estimates. The fund explained in its report on 'Regional Economic Outlook Updates' for Africa in October 2026 that the increase in growth forecasts reflects the region's economies' ability to adapt to global supply chain disruptions and local economic reforms. Despite the improved growth forecasts, the report noted disparities in economic performance among countries in the region, with resource-rich economies continuing to show some resilience, while countries less dependent on natural resources face a slowdown in the pace of economic activity.