Committee on Economic Governance -Third session
Macroeconomic policies for structural transformation and sustainable growth in Africa
Addis Ababa

Global prospects in 2025 were shaped by geopolitical tensions and trade dynamics, as well as the policy uncertainty that arose primarily as a result of the tariffs imposed by the United States of America. Global economic activity was subdued, as global economic growth declined slightly from 2.9 per cent in 2024 to 2.8 per cent in 2025. Africa proved to be resilient, reflected in the increase in economic growth from 2.8 per cent in 2024 to 4.0 per cent in 2025. Africa has maintained an average growth rate of 3.2 per cent for the period 2021–2025, above the global average of 2.8 per cent over the same period. Growth in Africa is supported by improved macroeconomic stability, especially in large economies, as well as greater public investment and consumer spending. However, external challenges remain, including geopolitical tensions and domestic disruptions in the aftermath of elections in some countries.

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Committee on Economic Governance -Third session, Day 1
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