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1、AFRICASPERFORMANCE AND OUTLOOKMACROECONOMICJANUARY 2025AFRICAS MACROECONOMIC PERFORMANCE AND OUTLOOK JANUARY 2025 AFRICAN DEVELOPMENT BANKAFRICASPERFORMANCE AND OUTLOOKMACROECONOMICJANUARY 2025The opinions expressed and arguments employed herein do not necessarily reflect the official views of the A

2、frican Development Bank,its Boards of Directors,or the countries they represent.This document,as well as any data and maps included,are without prejudice to the status of or sovereignty over any territory,to the delimitation of international frontiers and boundaries,and to the name of any territory,

3、city,or area.African Development Bank 2025ISBN 979-8-9893891-8-6You may copy,download,or print this material for your own use,and you may include excerpts from this publication in your own documents,presentations,blogs,websites,and teaching materials,as long as the African Development Bank is suitab

4、ly acknowledged as the source and copyright owner.iiiFOREWORDCountries across the world are struggling to navigate a difficult global economic land-scape characterized by persistent disruptions from structural macroeconomic weaknesses,geo-political tensions,the increasing effects of climate change,h

5、ealth pandemics,and trade and tech-nology wars.For African countries,rising domes-tic,regional,and global uncertainties continue to weigh on economic performance and outlook to growth in the short to medium term.Average real gross domestic product(GDP)growth in Africa was thus estimated at 3.2percen

6、t in 2024,only modestly higher than the 3.0percent recorded in 2023.This marginal improvement shows that economic growth for the continent remains frag-ile and is less than half the minimum of 7percent considered necessary to lift millions of people out of poverty.Despite the prevailing harsh global