Institute of International Finance September 25, 2025

Global Macro Views: Sub-Saharan Africa's New External Reality

Marcello Estevão · Candice Reddy ·

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About this work

Sub Saharan Africa faces a changing financing landscape as trade tensions intensify and traditional donors reduce aid. Investment from China, India, Gulf countries and African investors opens new possibilities in minerals, renewable energy and digital infrastructure. Realizing those gains depends on governance, regional integration and credible fiscal policies that can attract lasting capital amid greater volatility.

Cite this work

Marcello Estevão, Candice Reddy, Jonathan Fortun (2025). Global Macro Views: Sub-Saharan Africa's New External Reality. Institute of International Finance.