Egypt's economy is expected to maintain its recovery in the coming years, with the African Development Bank (AfDB) projecting real GDP growth to rise from 2.4 per cent in 2024 to 3.9 per cent in 2025 and 4.8 per cent in 2026. According to the bank's latest African Economic Outlook (AEO) 2025, Egypt's resilience is attributed to its diversified sources of income, strong public investment in infrastructure, and sustained commitment to economic reform in partnership with international financial institutions. The AfDB noted that North Africa is set to witness robust growth, supported in part by Egypt's performance alongside Morocco, Tunisia, Libya, and Algeria, according to a Cabinet statement on Wednesday. The report also emphasised the importance of continued international backing for Egypt's reform agenda, particularly efforts related to the green transition and strengthening the country's ability to withstand environmental and economic shocks. It added that such support reflects growing international confidence in Egypt's capacity to maintain stability and pursue sustainable development. The AfDB affirmed that Egypt possesses the necessary fundamentals to achieve strong and inclusive growth, supported by structural reforms, global partnerships, and a growing focus on key productive sectors, including industry, tourism, and renewable energy. Attribution: Amwal Al Ghad English
