Where are Shabos these days?
Posted: 19 Apr 2026, 16:07
Shabos!
Multinational companies planning African expansion would do well to focus on dynamic hubs such as Ethiopia’s industrial parks or Uganda’s agribusiness corridors rather than traditional mining plays in slower-growth markets.
The high performers are pulling ahead
Several economies are defying the regional slowdown through steady reforms, infrastructure investment, and economic diversification:
> Ethiopia stands out with a projected growth of 9.2 per cent in 2026, more than double the regional average and unchanged from last year’s pace.
> Uganda follows at 7.5 per cent, supported by preparations in the oil sector and agricultural modernisation.
> Rwanda comes in at 7.2 per cent, Benin at 7.0 per cent, Côte d’Ivoire at 6.2 per cent, while both the Democratic Republic of Congo and Tanzania are expected to grow at 5.9 per cent.
These countries are successfully translating macroeconomic stability, business-friendly policies, and targeted investments into sustained expansion.
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