Finance
Africa’s Uneven Growth Demands Regional Unity and Policy Reform- AfDB Asserts.
Africa’s economic outlook is improving, but growth across the continent remains highly uneven, according to the African Development Bank’s 2024 Economic Outlook report. While some regions are accelerating toward robust recovery, others continue to grapple with stagnation, driven by i...
The High Street Journal
published: Jun 16, 2025

Africa’s economic outlook is improving, but growth across the continent remains highly uneven, according to the African Development Bank’s (AfDB) 2024 Economic Outlook report. While some regions are accelerating toward robust recovery, others continue to grapple with stagnation, driven by internal challenges and external shocks.
The report paints a portrait of a continent advancing at “many speeds,” with economic disparities threatening to undermine collective progress unless bold and coordinated regional action is taken.

East Africa Leads the Pack
East Africa remains the continent’s standout performer, posting the fastest economic growth. Countries like Ethiopia, Kenya, and Tanzania are reaping the benefits of strategic investment in infrastructure, energy, and agriculture. These economies are further buoyed by a growing services sector, demographic momentum, and relatively stable political climates.
The AfDB attributes the region’s success to its ability to mobilize public and private sector collaboration. “Public investment in infrastructure and energy is also paying off,” the report notes, adding that this momentum positions East Africa as a potential model for sustainable growth across the continent.
Southern Africa Struggles with Structural Bottlenecks
By contrast, Southern Africa is lagging behind. South Africa, the region’s economic anchor, is weighed down by persistent power shortages, soaring unemployment, and sluggish policy reforms. These structural weaknesses have stymied growth and investor confidence.
The AfDB notes that without urgent energy and governance reforms, the region risks long-term stagnation. “Growth in countries like South Africa has been held back by power cuts, high unemployment, and slow policy reforms,” the report states.
Central Africa’s Dual Reality
Central Africa presents a tale of two economies. Oil-exporting nations such as Gabon and Equatorial Guinea are benefiting from high commodity prices and global energy demand. However, several other countries remain trapped in cycles of political instability, weak institutions, and limited economic diversification.
The mixed performance highlights the region’s overreliance on resource exports and underscores the need for broader reforms aimed at improving governance and building human capital.
North Africa Faces Inflation, Climate Pressure
North Africa’s performance is described as “moderate,” with Egypt and Morocco leading regional output. Yet both countries are contending with mounting inflation, rising external debt, and growing climate risks. Agricultural output has been particularly hard hit by erratic weather patterns, intensifying food security concerns.
West Africa‘s Divergent Path
West Africa’s trajectory is held back by Nigeria‘s economic drag. As the largest economy in the region, Nigeria has struggled to bounce back from oil production declines, currency volatility, and policy uncertainty.
“West Africa is being dragged down by Nigeria,” the AfDB cautions, pointing to the ripple effect on neighboring economies. Nonetheless, countries like Côte d’Ivoire and Senegal are bright spots, benefiting from strong economic reforms, investments in infrastructure, and diversified growth strategies.
The Call for Unity and Integration
In response to these stark contrasts, the AfDB is calling for a continent-wide push toward economic integration, stressing that inclusive growth must become a collective priority.
“Africa is one continent, but its economies are moving at many speeds,” the Bank observes.
The report recommends three core actions: eliminate trade barriers between neighboring countries, invest in cross-border infrastructure to integrate markets, and adopt coordinated macroeconomic policies to prevent harmful currency and interest rate competition.
The AfDB argues that narrowing the economic gap between regions is not only a matter of equity, it’s a matter of survival in an increasingly competitive global landscape.
AfDB notes that Africa’s growth should not be measured solely by the performance of a few star economies. “The goal should not be fast growth in a few places. It should be steady, inclusive progress across the entire continent,” the report concludes.
With regional cooperation, smart investments, and policy alignment, Africa can transform its patchwork of growth patterns into a unified, sustainable economic engine driven not by isolated success stories, but by collective momentum.
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