The International Monetary Fund (IMF) has upgraded its economic outlook for sub-Saharan Africa, forecasting growth of 4.6 percent in 2026, citing macroeconomic stabilisation and reform efforts in key economies, including Ghana.
Speaking at a recent press briefing, IMF Director of Communications Julie Kozack noted that the revised forecast reflects strengthening recovery momentum across the region, even as conflict-affected and oil-dependent countries continue to face challenges.
“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, adding that Africa remains home to many of the world’s fastest-growing nations.
Kozack highlighted, “That said, we do see divergences. Nine out of the twenty of the world’s fastest-growing economies this year are in Africa,” pointing to uneven growth across the continent.
Conflict-hit countries continue to struggle with humanitarian and economic pressures, while some oil exporters face headwinds from lower global oil prices.
The IMF stressed that while reform-focused economies like Ghana are seeing measurable gains, the overall recovery across the region remains uneven, with several countries still exposed to structural and external vulnerabilities.
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