Africa continues to dominate the list of the world’s fastest-growing economies despite a wave of downward revisions to global growth forecasts caused by the escalating conflict in the Middle East and rising geopolitical uncertainty.
The International Monetary Fund (IMF), in its April 2026 World Economic Outlook report, projects that several African economies will remain among the world’s fastest-growing this year, led by Ethiopia, Guinea, Uganda, Rwanda, Benin and Côte d’Ivoire.
Ethiopia is expected to be the continent’s strongest performer and the world’s second-fastest-growing economy after Guyana, with real GDP growth forecast at 9.2 percent. Africa’s second-most populous nation has benefited from strong export performance, particularly in coffee and gold, as well as from ongoing economic reforms and infrastructure investment.
Guinea is projected to grow to 8.7 percent, supported by the expansion of its mining sector and production from the giant Simandou iron ore project. Uganda and Rwanda are forecast to
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