{"id":25039,"date":"2026-04-20T16:41:13","date_gmt":"2026-04-20T16:41:13","guid":{"rendered":"https:\/\/lexicopress.com\/?p=25039"},"modified":"2026-04-20T16:43:47","modified_gmt":"2026-04-20T16:43:47","slug":"west-and-east-africa-set-the-pace-as-continents-fastest-growing-economies-through-2028","status":"publish","type":"post","link":"https:\/\/lexicopress.com\/?p=25039","title":{"rendered":"West and East Africa Set the Pace as Continent\u2019s Fastest-Growing Economies Through 2028"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"25039\" class=\"elementor elementor-25039\">\n\t\t\t\t<div class=\"elementor-element elementor-element-34604e2b e-flex e-con-boxed e-con e-parent\" data-id=\"34604e2b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4e328aad elementor-widget elementor-widget-text-editor\" data-id=\"4e328aad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A new outlook from the World Bank\u2019s <strong>Africa\u2019s Pulse<\/strong> report projects a strong growth cycle across several African economies between <strong>2026 and 2028<\/strong>, with infrastructure megaprojects, energy investments, and industrial reforms emerging as the primary drivers of expansion.<\/p><p><!-- \/wp:paragraph --><\/p><p><!-- wp:paragraph --><\/p><p>Leading the continent\u2019s growth rankings is Guinea, where the transformational <strong>Simandou iron ore project<\/strong> is expected to accelerate economic output sharply. The country is forecast to grow by <strong>8.8% in 2026<\/strong>, <strong>11.6% in 2027<\/strong>, and <strong>10.7% in 2028<\/strong>, positioning it among the fastest-expanding economies globally. Analysts estimate the project alone could raise Guinea\u2019s GDP by roughly <strong>26% by 2030<\/strong>.<\/p><p><!-- \/wp:paragraph --><\/p><p><!-- wp:paragraph --><\/p><p>In East Africa, Ethiopia continues to benefit from large-scale energy infrastructure led by the <strong>Grand Ethiopian Renaissance Dam<\/strong>, supporting electrification and industrial supply chains. Growth is projected at <strong>8.0% in 2026<\/strong>, <strong>6.9% in 2027<\/strong>, and <strong>8.4% in 2028<\/strong>.<\/p><p><!-- \/wp:paragraph --><\/p><p><!-- wp:paragraph --><\/p><p>Meanwhile, Uganda is entering a new oil-driven growth phase, supported by pipeline development through Kenya. The economy is expected to expand by <strong>6.8%<\/strong>, <strong>8.5%<\/strong>, and <strong>8.1%<\/strong> over the same period.<\/p><p><!-- \/wp:paragraph --><\/p><p><!-- wp:paragraph --><\/p><p>Steady structural transformation continues to anchor performance in Rwanda and Tanzania, where agriculture modernization, services expansion, and industrial policy reforms sustain projected growth averaging above <strong>6% annually<\/strong>.<\/p><p><!-- \/wp:paragraph --><\/p><p><!-- wp:paragraph --><\/p><p>In West Africa, Benin is gaining momentum from policy reforms and the expansion of the <strong>Glo-Djigb\u00e9 Industrial Zone<\/strong>, with growth expected to remain above <strong>7%<\/strong> through 2028. At the same time, Niger is benefiting from rising oil production\u2014now exceeding <strong>110,000 barrels per day<\/strong>\u2014although export transit constraints linked to regional tensions with Benin remain a key risk factor.<\/p><p><!-- \/wp:paragraph --><\/p><p><!-- wp:paragraph --><\/p><p>Together, these projections highlight a broader continental shift: economies investing in <strong>energy, extractives, and industrial zones<\/strong> are increasingly shaping Africa\u2019s next growth frontier through the late 2020s.<\/p><p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A new outlook from the World Bank\u2019s Africa\u2019s Pulse report projects a strong growth cycle across several African economies between 2026 and 2028, with infrastructure megaprojects, energy investments, and industrial reforms emerging as the primary drivers of expansion. Leading the continent\u2019s growth rankings is Guinea, where the transformational Simandou iron ore project is expected to [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":25040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[80,71,74,4,72],"tags":[],"class_list":["post-25039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa","category-eac","category-ke","category-lexico-biz","category-ug"],"acf":[],"featured_image_urls":{"full":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121.jpg",1200,801,false],"thumbnail":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-150x150.jpg",150,150,true],"medium":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-300x200.jpg",300,200,true],"medium_large":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-768x513.jpg",768,513,true],"large":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-1024x684.jpg",1024,684,true],"1536x1536":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121.jpg",1200,801,false],"2048x2048":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121.jpg",1200,801,false],"cvmm-medium":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-300x300.jpg",300,300,true],"cvmm-medium-plus":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-305x207.jpg",305,207,true],"cvmm-portrait":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-400x600.jpg",400,600,true],"cvmm-medium-square":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-600x600.jpg",600,600,true],"cvmm-large":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-1024x801.jpg",1024,801,true],"cvmm-small":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-130x95.jpg",130,95,true],"bopea_large":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121.jpg",1200,801,false],"bopea_medium":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-1100x734.jpg",1100,734,true],"bopea_layouts":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-680x454.jpg",680,454,true],"bopea_small":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-200x134.jpg",200,134,true],"bopea_large_sload":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-20x13.jpg",20,13,true],"bopea_medium_sload":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-20x13.jpg",20,13,true],"bopea_layouts_sload":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-20x13.jpg",20,13,true],"bopea_small_sload":["https:\/\/lexicopress.com\/wp-content\/uploads\/2026\/04\/5417983596619831017_121-20x13.jpg",20,13,true]},"author_info":{"info":["Abdirashid Mohamud"]},"category_info":"<a href=\"https:\/\/lexicopress.com\/?cat=80\" rel=\"category\">Africa<\/a> <a href=\"https:\/\/lexicopress.com\/?cat=71\" rel=\"category\">East African Community<\/a> <a href=\"https:\/\/lexicopress.com\/?cat=74\" rel=\"category\">Kenya<\/a> <a href=\"https:\/\/lexicopress.com\/?cat=4\" rel=\"category\">Lexico Biz<\/a> <a href=\"https:\/\/lexicopress.com\/?cat=72\" 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