“Call it a statistical quirk if you must. But this year, with a bit of luck, Africa will grow faster than Asia. If the 54 African economies manage to outpace their Asian counterparts, it would be the first time in modern history that this has happened.

To achieve it, African economies will need to grow marginally faster on average than they did last year. In 2025, despite war in Sudan, insurgency in the Sahel and coups in Madagascar and Guinea Bissau, sub-Saharan Africa is expected to have mustered growth of about 4.1 per cent. The IMF expects this to notch up to 4.4 per cent as economies continue to reap the benefits of a weak dollar — good for cutting debt-service payments and easing inflationary pressure — and of high commodity prices, including for gold and copper.

At the same time, the IMF is predicting that, as the Chinese motor whirrs more slowly, the combined economies of Asia will slow in 2026 to around 4.1 per cent.

That sets up the intriguing possibility of the two continents — one associated with miraculous economic acceleration, the other with endemic poverty — crossing over in growth terms. Even if it doesn’t happen in 2026, contrasting demographics and different stages of development make it a likely outcome in the years ahead.”

From Financial Times.