By Benjamin Nii Nai Anyetei
The International Monetary Fund (IMF) has revised its growth outlook for sub-Saharan Africa, projecting a 4.6 percent expansion in 2026, with countries like Ghana expected to benefit from ongoing macroeconomic stabilisation and reform efforts.
Addressing a press briefing, IMF Director of Communications Julie Kozack highlighted that policy adjustments in several key economies are beginning to yield tangible results. “What we’ve seen in Sub-Saharan Africa is that the growth outlook has been improving. Growth has been revised up to 4.6% in 2026, and this has been supported by some of the macroeconomic stabilisation and reform efforts in key economies,” she said.
Kozack also noted Africa’s strong presence among the world’s fastest-growing economies, stating that nine out of the twenty fastest-growing countries this year are in Africa.
However, the IMF cautioned that recovery remains uneven across the continent. Conflict-affected nations continue to face weak growth and humanitarian pressures, while lower oil prices are challenging some oil-exporting countries. “We do see a bit of a divergent picture across Africa with some very fast-growing and dynamic economies,” Kozack added.
The upgraded forecast underscores Africa’s potential for economic expansion, particularly in reform-driven economies like Ghana, even as structural vulnerabilities and external shocks persist in other parts of the region.
