Audio By Carbonatix
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.
Latest Stories
-
The role of the State is both Facilitative and Participative In the generation of wealth – Hon. Julius Debrah
2 hours -
GETFund clears GH¢199.47m to restore food supply to SHSs, TVET schools
2 hours -
Anthropic to spend over $100bn over a decade on Amazon’s cloud tech
2 hours -
Uber loses another US driver sex assault trial, ordered to pay $5,000
2 hours -
Nigeria police rescue 18 abducted bus passengers, including exam-bound students
2 hours -
CAGD rejects viral claim of GH¢427m ‘unearned salaries,’ says payroll system cannot pay beyond approved limits
3 hours -
GETFund, police leadership explore strategic partnership on education and capacity building
3 hours -
‘Opemsuo Wheat’: Asantehene blesses landmark project to end Ghana’s $450m import addiction
3 hours -
Police, CSSM join forces to build trust and fight Sahel extremism
3 hours -
8 National Security operatives granted bail for allegedly robbing illegal miners in Assin-Awisam
3 hours -
IERPP flags ‘opaqueness’ in Damang mining contract, calls for due process reforms
3 hours -
Government to procure 2 rice mills to ease post-harvest losses, boost food security – NAFCO boss
3 hours -
Gbintiri residents boycott market revenue payment over accountability, alleged 24-hour economy exclusion
3 hours -
Family of late Sawla MP performs funeral without mortal remains of the deceased
4 hours -
Soho Jazz Club kicks off with the Jazz Brothers
4 hours