Regional Economic Outlook, Sub-Saharan Africa, October 2025: Holding Steady

The outlook for Sub-Saharan Africa is showing resilience, despite a challenging external environment with uneven prospects in commodity prices, still tight borrowing conditions, and a deterioration of the global trade and aid landscape.
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Publication date: October 2025
ISBN: 9798229026178
$20.00
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Topics covered in this book

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Public Finance , Taxation - General , Urban and Regional , Sub-Saharan Africa ,  Macroeconomic vulnerabilities ,  Debt management , Domestic revenue mobilization , Trade , Aid , Bank sovereign nexus , debt management reform , financing condition , inflation expectation , debt sustainability risk , revenue gain , external borrowing costs , tax transparency , tax capacity , market volatility , Government debt management , Tax administration core functions , Debt conversion , Global

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Summary

The outlook for Sub-Saharan Africa is showing resilience, despite a challenging external environment with uneven prospects in commodity prices, still tight borrowing conditions, and a deterioration of the global trade and aid landscape. Economic growth is projected to remain steady at 4.1 percent in 2025 with a modest pickup in 2026, supported by macroeconomic stabilization and reform efforts in key economies. But this resilience cannot be taken for granted. Overlapping monetary, financial, external, and fiscal vulnerabilities are present in much of the region, Uncertainty persists, and risks remain tilted to the downside. Domestic revenue mobilization and strengthened debt management, can help bolster macroeconomic stability while funding essential development needs.

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