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A divergent growth outlook for Africa

Africa’s growth trajectory is increasingly differentiated across the continent’s regional geographies and within various
industries and sectors. Arguably, a generic single “Africa strategy” cannot be formulated nor implemented.

Africa regional growth outlook (%), 2015-23f

8%

7%

6%

5%

4%

3%

2%

1%

0%
2015 2016 2017 2018 2019e 2020f 2021f 2022f 2023f

North Southern West East Central SSA

Source: Calculations based on IMF, April 2019
Africa PE Outlook| January 2020 2020. For information, contact Deloitte Touche Tohmatsu United 5