By Omoniyi David
The African Export-Import Bank (Afreximbank) has launched two strategic reports offering a roadmap for Africa’s economic resilience amid rising global instability.
Presented at its 2025 Annual Meetings in Abuja, the African Trade and Economic Outlook 2025 and the African Trade Report 2025 outline bold policy recommendations to help African nations navigate global economic shocks, rising debt, and financial fragmentation.
Afreximbank’s Chief Economist, Dr. Yemi Kale, described the reports as “strategic compasses” aimed at helping policymakers respond to vulnerabilities while capitalizing on Africa’s growth potential.
Despite global challenges, Africa recorded 3.3% growth in 2024, with intra-African trade rebounding by 12.4%.
The continent is projected to grow by 4% in 2025, while inflation is expected to decline from 19% to 15%.
The reports advocate diversifying exports, boosting industrial capacity, and investing in infrastructure, innovation, and human capital. Intra-African trade is forecast to grow at 6.6% annually through 2029, driven by AfCFTA.
Kale emphasized that Africa must move from reacting to global changes to shaping its own future, noting that the continent holds “extraordinary opportunities” despite its challenges.
