🌍 Highlights from AfDB Annual Meetings 2025 in Abidjan:
At the opening of the African Development Bank (AfDB) Annual Meetings in Abidjan, African leaders issued a strong call for continental capital mobilization and economic self-reliance.
Key points:
🔹 Urgency for Africa to rely less on external aid and instead harness its natural resources, youth potential, and domestic capital to drive inclusive development.
🔹 AfDB President Dr. Akinwumi Adesina Reflected on his 10-year tenure, highlighting over $100 billion invested and 565 million lives impacted through the Bank’s “High 5s” strategy (Power Africa, Feed Africa, Industrialize Africa, Integrate Africa, Improve quality of life).
🔹 African Leaders discussed the need for a new African financial architecture, advocating for reforms that prioritize the continent’s voice in global finance and promote homegrown solutions to development challenges.
🔹 A new AfDB President will be elected during these meetings, marking a transition in leadership at a crucial time for Africa’s economic future.
🟢 The overarching message: Africa must unlock its own capital, strengthen institutions, and build resilient economies from within.

African Development Bank’s (AfDB) 2025 African Economic Outlook report:
🌍 AfDB’s African Economic Outlook 2025: Resilience Amid Global Challenges
Despite global economic and political headwinds, Africa’s economy is projected to grow from 3.3% in 2024 to 3.9% in 2025, reaching 4.0% in 2026. This resilience is attributed to effective domestic reforms and improved macroeconomic management. (African Development Bank Group)
Key Highlights:
📈 Growth Leaders: 21 African countries are expected to achieve growth rates above 5% in 2025, with Ethiopia, Niger, Rwanda, and Senegal projected to exceed 7%.(African Development Bank Group)
🌍 Regional Performance:
East Africa: Leading with a projected growth of 5.9%, driven by resilience in Ethiopia, Rwanda, and Tanzania.
West Africa: Maintaining solid growth at 4.3%, bolstered by new oil and gas production in Senegal and Niger.
North Africa: Expected to register 3.6% growth.
Central Africa: Projected to slow to 3.2%.
Southern Africa: Anticipated to grow at 2.2%, with South Africa expected at 0.8%.(African Development Bank Group)
💰 Domestic Resource Mobilization: With appropriate policies, Africa could mobilize an additional $1.43 trillion in domestic resources from tax and non-tax revenue sources through efficiency gains alone.(African Development Bank Group)
⚠️ Challenges: Fifteen countries are experiencing double-digit inflation, and interest payments now consume 27.5% of government revenue across Africa, up from 19% in 2019.(African Development Bank Group)
The report underscores the importance of Africa looking inward to mobilize resources needed for its development in the coming years.
Full report: https://www.afdb.org/en/documents/african-economic-outlook-2025