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Afreximbank Projects Egypt's Economy to Grow by 3.8% in 2025

Taarek Refaat The African Export-Import Bank (Afreximbank) has projected Egypt's economy to grow by 3.8% in 2025, according to its 2025 African Trade Report, released during the bank's 32nd Annual Meetings in Abuja. The report, titled 'African Trade in a Changing Global Financial Landscape,' outlines cautious optimism for the continent's economic outlook. Regional Growth Momentum According to the report, Africa's overall economic growth is expected to accelerate to 4% in 2025, up from 3.2% in 2024, and potentially reaching 4.2% in 2026, despite mounting global economic uncertainty and structural challenges. Several key economies are set to contribute to this growth, including: -Egypt at 3.8% -Algeria at 3.5% -Ethiopia at 6.1% -Morocco at 3.9% Tanzania and Uganda, each projected at 6% The report attributes Africa's improved economic outlook to a combination of supportive factors. Chief among these is the rising global demand for African exports, which continues to strengthen the continent's trade performance and foreign exchange earnings. In parallel, inflationary pressures are easing in many African economies, helping to restore household purchasing power and stimulate private consumption. Additionally, favorable monetary policies across the continent are making credit and investment more accessible, particularly for businesses and infrastructure development. The report also highlights the positive impact of structural reforms being implemented in several countries, aimed at reducing reliance on primary commodities and fostering more diversified, resilient economic models. Despite these encouraging trends, the report warns that risks to the outlook remain tilted to the downside. Heightened geopolitical tensions, including regional conflicts and instability, pose a threat to investor confidence and cross-border cooperation. Moreover, the potential escalation of global trade disputes could undermine Africa's export growth and integration into international markets. Finally, rising uncertainty around fiscal and regulatory policies—both within Africa and among its key trading partners—may deter investment and complicate economic planning. Slowdowns in major economies such as China and the United States, which continue to dampen global financial conditions and reduce demand for African commodities The report highlights that the continued implementation of the African Continental Free Trade Area (AfCFTA) could mitigate external shocks by strengthening intra-African trade, investment flows, and regional integration, thereby boosting economic activity across the continent. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean