According to the African Development Bank’s latest Macroeconomic Performance and Outlook report, the top 5 African countries leading in economic growth are:-

1. Niger

With an impressive growth rate of 11.2% in 2024, Niger tops the list of fastest-growing economies in Africa.

2. Senegal

Senegal follows closely with a growth rate of 8.2% in 2024, driven by strategic investments and economic diversification.

3. Libya

Libya’s economy is expected to grow at 7.9% in 2024, supported by its oil-rich economy and efforts to stabilize the country.

4. Rwanda:

Rwanda’s growth rate is projected to reach 7.2% in 2024, driven by investments in key sectors and economic diversification.

 5. Côte d’Ivoire:

Côte d’Ivoire’s economy is expected to grow at 6.8% in 2024, supported by strong agricultural production and infrastructure development.

Other notable mentions include

– East Africa: Expected to lead Africa’s growth momentum with a growth rate of 5.1% in 2024 and 5.7% in 2025.

West Africa: Projected to grow at 4% in 2024 and 4.4% in 2025, driven by strong growth in most countries in the region.

These growth projections are subject to global and regional risks, including geopolitical tensions, conflicts, and climate shocks. However, with careful economic planning and policy interventions, many African countries are poised for strong economic performance.