Sub-Saharan Africa Growth To Hit 4.5%, But Inflation Risks Persist

Sub-Saharan Africa’s economy is projected to grow by 4.5 per cent in 2026 and 2027, supported by previous economic reforms, shifts in global supply chains and stronger export earnings in some countries.

However, the outlook remains uneven across the region, with median inflation expected to rise to 4.3 per cent, highlighting persistent challenges for governments seeking to sustain growth while controlling the cost of living.

The projections suggest that although reforms and favourable export receipts are supporting economic activity, countries across the region continue to face different economic conditions and inflationary pressures.

For Nigeria, the regional outlook underscores the importance of sustaining economic reforms, strengthening non-oil exports and translating economic growth into improved living standards for households.