Seven African Economies Set to Grow Over 6% Annually Through 2027: World Bank
14:09 20.04.2026 (Updated: 14:56 20.04.2026)
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Seven African Economies Set to Grow Over 6% Annually Through 2027: World Bank
Several African economies are expected to achieve strong annual growth between 2026 and 2028, according to the latest World Bank’s "Africa’s Pulse" report.
Top performers include:
Guinea leads with 8.8% (2026), 11.6% (2027), and 10.7% (2028), driven by the massive Simandou iron ore project – expected to boost GDP by 26% by 2030.
Ethiopia (8.0%, 6.9%, 8.4%) benefits from the Grand Ethiopian Renaissance Dam, improving electrification and industrial supply.
Uganda (6.8%, 8.5%, 8.1%) gains from oil production and a new export pipeline through Kenya.
Rwanda (7.2%, 7.6%, 7.3%) and Tanzania (6.1%, 6.4%, 6.5%) continue their strong performance in agriculture, services, and industrial transformation.
Benin (7.0%, 7.2%, 7.3%) benefits from structural reforms and the Glo-Djigbé industrial zone.
Niger (6.7%, 6.4%, 6.1%) is driven by oil production (over 110,000 bpd), though growth depends on resolving transit tensions with Benin.
Several African economies are expected to achieve strong annual growth between 2026 and 2028, according to the latest World Bank’s "Africa’s Pulse" report.
Top performers include:
Guinea leads with 8.8% (2026), 11.6% (2027), and 10.7% (2028), driven by the massive Simandou iron ore project – expected to boost GDP by 26% by 2030.
Ethiopia (8.0%, 6.9%, 8.4%) benefits from the Grand Ethiopian Renaissance Dam, improving electrification and industrial supply.
Uganda (6.8%, 8.5%, 8.1%) gains from oil production and a new export pipeline through Kenya.
Rwanda (7.2%, 7.6%, 7.3%) and Tanzania (6.1%, 6.4%, 6.5%) continue their strong performance in agriculture, services, and industrial transformation.
Benin (7.0%, 7.2%, 7.3%) benefits from structural reforms and the Glo-Djigbé industrial zone.
Niger (6.7%, 6.4%, 6.1%) is driven by oil production (over 110,000 bpd), though growth depends on resolving transit tensions with Benin.
