{"id":63467,"date":"2026-01-01T21:51:20","date_gmt":"2026-01-01T21:51:20","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/africas-economy-to-expand-in-2026-despite-risks"},"modified":"2026-01-01T22:10:46","modified_gmt":"2026-01-01T22:10:46","slug":"africas-economy-to-expand-in-2026-despite-risks","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/africas-economy-to-expand-in-2026-despite-risks","title":{"rendered":"Africa’s economy to expand in 2026 despite risks"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong> <\/span>Africa is poised for a breakout. An International Monetary Fund (IMF) forecast reveals the continent will be home to more high-growth economies\u2014expanding by at least 6%\u2014than any other in 2026.<\/p>\n

Spotlighting the leaders: South Sudan and Guinea, each projected for double-digit growth, powered by oil and mining booms.<\/p>\n

Meanwhile, East Africa’s reform push is paying off, with Uganda, Rwanda, and Ethiopia averaging a robust 7%.<\/p>\n

But the sunny forecast comes with clear warnings. Analysts point to major risks: climate shocks, political instability, and high debt.<\/p>\n

For a clear-eyed assessment, economist and Ghana finance ministry advisor Theophilus Acheampong joins the show. He breaks down what 2026 really holds and pinpoints the economic sectors to watch.<\/p>\n

Debt: African sovereigns hope for lower interest rates in 2026<\/b><\/p>\n

African countries will pay nearly $95 billion dollars to their creditors in 2026.<\/p>\n

Countries like Kenya are dedicating a fifth of all government spending to debt repayments.<\/p>\n

Squeezed by higher borrowing costs, developing countries are hoping that the prospect of interest rates coming down can bring some respite.<\/p>\n

Electricity woes dog Central Africa’s industrialization dreams<\/b><\/p>\n

We also dive into a critical bottleneck for development: electricity.<\/p>\n

Despite new investments, countries like the Central African Republic remain among the least electrified on earth, with unreliable power stifling entrepreneurs and industrial dreams.
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