Kenya will overtake Angola to become the fourth largest economy in sub-Saharan Africa this year, behind South Africa, Nigeria, and Ethiopia, a forecast by the International Monetary Fund (IMF) shows. The forecast sees Kenya maintaining that position until the end of 2029. Last year, Kenya’s GDP was estimated to have grown to $108.9 billion (Ksh15.14 trillion, using the current exchange rate) from $113.7 billion (Ksh13.37 trillion on the existing rate then) in 2022. Ethiopia, which has extended its lead over Kenya, is projected to overtake Nigeria in two years to become the second-largest economy in the region. The size of the Ethiopian economy — which was smaller than Kenya’s in 2020 — continued to grow and is estimated to have increased to $159.74 billion (Sh21.165 trillion) in 2023, widening the gap between it and Kenya. Ethiopia’s economy is also expected to hold steady at the second position for three years to 2029.