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Nigeria misses IMF's list of Africa’s fastest-growing economies due to weak reforms, high inflation, and debt risks, despite 2025 growth forecast.
Nigeria is not among the IMF’s list of Africa’s fastest-growing economies, which includes Benin, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda, due to growth below potential despite a 3.9% 2025 forecast and 4.23% Q2 growth.
The IMF cited weak structural reforms, elevated inflation, and rising debt risks from domestic borrowing.
Meanwhile, Nigeria is advancing digital trade under AfCFTA, supporting small exporters, and formalizing informal sectors.
UBA launched a white paper calling for $4 trillion in domestic capital to drive infrastructure and growth, emphasizing private sector-led development and global partnerships.
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Nigeria se pierde la lista del FMI de las economías de más rápido crecimiento de África debido a las débiles reformas, la alta inflación y los riesgos de deuda, a pesar de la previsión de crecimiento para 2025.