The European Bank for Reconstruction and Development (EBRD) projects robust growth for its new sub-Saharan Africa (SSA) region, averaging 4.7 percent in 2025 and 4.6 percent in 2026, according to its Regional Economic Prospects report released today.
Country-specific forecasts show Benin expanding 6.6 percent in 2025, Côte d’Ivoire 6.3 percent, Ghana 4.3 percent, Kenya 4.7 percent, Nigeria 3.4 percent, and Senegal leading at 8.4 percent before moderating to 4.1 percent in 2026. Across all EBRD regions, including Iraq, growth is expected at 3.2 percent in 2025 and 3.3 percent in 2026, with risks from geopolitical tensions, Chinese export competition, and tight fiscal space.
Following shareholder approval in 2023, the EBRD began operating in SSA in 2025, adding Benin, Côte d’Ivoire, Kenya, Nigeria, and Senegal as new members. The Bank delivered a record €16.6 billion in investments across its economies in 2024, with annual disbursements of €10.6 billion and a total portfolio of €61.9 billion.
