How Nigeria Can Unleash its Economic Potential July 7, 2025--Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support Nigeria's progress
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South Africa: African Development Bank Country Focus Report highlights urgent need for economic transformation as GDP growth remains subdued July 4, 2025-African Development Bank calls for strategic reforms to unlock South Africa's $3 trillion capital potential
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IMF Staff Completes 2025 Article IV Mission with Nigeria July 2, 2025--The Nigerian authorities have implemented major reforms over the past two years which have improved macroeconomic stability and enhanced resilience. The authorities have removed costly fuel subsidies, stopped monetary financing of the fiscal deficit and improved the functioning of the foreign exchange market. |
Africa's Trade Projected to Hit $1.5 Trillion in 2025 July 1, 2025--Trade is set to expand at an average of 5.1 per cent a year through 2026, before quickening to 5.4 per cent by 2028. |
National stock exchange launched in Somalia June 26, 2025-The National Securities Exchange of Somalia (NSES) held its formal launch on 19 June 2025, according to this report on Xinhua. A coalition of local investors and financial experts established the exchange and it will start by operating as a private, self-regulatory organization, according to a statement issued in Mogadishu. The Central Bank of Somalia has pledged full technical support with the aim of ensuring international best practices are followed. |
East Africa's regional 20 share index June 24, 2025-The National Securities Exchange of Somalia (NSES) is joining the Somali Stock Exchange as a member of the East African Securities Exchanges Association (EASEA), which brings together the exchanges of Kenya, Rwanda, Somalia, Tanzania, Uganda and Ethiopia, as well as Burundi when that exchange will be launched. |
African Credit Rating Agency to Launch September 2025 June 16, 2025--The African Credit Rating Agency (AfCRA), a new privately owned credit rating body, is set to begin operations by September 2025
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African Economic Outlook 2025-Africa's short-term outlook resilient despite global economic and political headwinds May 27, 2025--With the right policies, Africa has the potential to mobilize an additional $1.43 trillion in domestic resources from both tax and non-tax revenue sources, and curbing leakages.
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IMF Staff Country Report-West African Economic and Monetary Union: Staff Report on Common Policies for Member Countries May 19, 2025--Summary |
Building Momentum for Inclusive Growth May 12, 2025--Nigeria's macroeconomic situation is improving as a result of sustained reforms according to the latest edition of the Nigeria Development Update (NDU) report released today.
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Economic Growth is Speeding Up in Africa, but Uncertainty Clouds Outlook
April 23, 2025--Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027. This growth is mainly due to increased private consumption and investments as inflation cools down and currencies stabilize. |
Africa's Opportunity in a Fragmenting Global Economy April 9, 2025--The global trade landscape is shifting dramatically. With the U.S. imposing new tariffs on key imports with countries already planning retaliation, the world is edging deeper into a long-term trade war. This is not just a bilateral dispute. It signals the acceleration of a broader move away from open globalisation toward protectionism and economic nationalism. |
Nigeria: Investors Lose N91bn As Nigerian Exchange Opens Bearish April 3, 2025-"What we witnessed today was an alignment of portfolios by dividend-seeking investors." The stock market on Wednesday opened the week bearish as performance indices declined by 0.14 per cent. |
Africa's Debt Crisis Under-Reported-AFRODAD March 30, 2025-AFRICAN Forum and Network on Debt and Development (AFRODAD) Executive Director Jason Braganza has expressed concern over how challenges arising from debt servicing to international monetary facilities by African countries are going unreported due to lack of information and statistics among other challenges. |
Africa's Digital Payments Economy to Reach $1.5trn By 2030-Report March 27, 2025-A recent Mastercard-commissioned report by Genesis Analytics has stated that the digital payments economy in Africa would continue to grow, with a projection that is expected to reach $1.5 trillion by 2030. |
Bitcoin Price Trends and the Future of Digital Transactions in Africa March 24, 2025--There's an increasing acceptance of Bitcoin on the African continent. More businesses, individuals and even financial organizations are using cryptocurrency to transact as an alternative to traditional banking systems. |
IMF-Boosting Growth and Prosperity in South Africa March 10, 2025-Summary |
How Africa could help diversify the booming global semiconductor industry March 6, 2025-- Demand for semiconductors is booming amid growth in emerging technologies such as artificial intelligence.
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OECD-Africa's Urbanisation Dynamics 2025 March 6, 2025--Planning for Urban Expansion
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Nigeria: 2025 Budget Prioritises Investment in Critical Sectors, Economic Devt-Govt March 4, 2025--March 4, 2025--The Federal government says the 2025 budget, recently signed into law by President Tinubu, is a strategic roadmap for economic resilience, social stability, and national progress. |
New World Bank Report Highlights Four Pathways to Spur Job Creation and Inclusive Growth in South Africa February 28, 2025--A new World Bank report titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions" asserts that a robust economic recovery, shared across all sectors of society, can be achieved in the immediate future by implementing a series of policy actions in four priority areas: infrastructure services, greater private sector participation, creating cities as engines of growth, and efficient public spending. |
Digital public infrastructure (DPI) will drive AI for Africa's economic transformation
February 11, 2025-Recent developments within Africa's digital ecosystem will help drive Africa's economic transformation, but key policy frameworks and infrastructure are needed for most countries to benefit fully. |
Nigeria: Investments in Mutual Funds Rise 80.8 Percent to N4.1trn February 4, 2025--The appetite of Nigerian investors for Mutual Funds has surged with its total asset under management increasing by 80.8% Year on Year, YoY, to N4.1 trillion on January 24, 2025 from N2.3 trillion in the corresponding period 2024. |
Zimbabwe: Deepseek Will Hardly Dent 'Magnificent Seven' Stocks February 3, 2025--DeepSeek's emergence roiled markets earlier last week, but investors see limited scope for the Chinese artificial intelligence startup to dent the performance of the Magnificent Seven, the latest Bloomberg Markets Live Pulse survey showed.
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South African growth outlook has improved but inflation risks abound, central bank says at Davos January 21, 2025--Growth in Africa's most industrialised economy could be close to 2% in 2025, versus the 1.1% growth projected for 2024 |
JSE plunges to lowest level in four months January 14, 2025-- Industrial stocks recorded the biggest losses.
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Newly licensed Ethiopian Securities Exchange unveils trading floor December 13, 2024--The Ethiopian Securities Exchange has today (Friday 13 December) announced that it will officially launch in mid-January 2025. CEO Tilahun Esmael Kassahun and top colleagues held a press conference on a smart new ESX trading floor. |
West Africa: Nigeria's Investment Appetite Grows, Mutual Funds Up 89.5 Percent to N3.8trn November 19, 2024--Nigerians' appetite for secured investment has pushed the Net Asset Value (NAV) of Mutual Funds to N3.781 trillion in the first week of this month, up 89.5 % from N1.995 trillion in the corresponding period 2023.
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Africa Topples Asia, Europe, Us As Africa's Preferred Trade Market November 18, 2024--African businesses increasingly prefer to trade across the continent's borders over out-of-the-continent markets like Asia, the US, and Europe, due to a rising quality of made-in-Africa goods, lower market prices, and accessibility. |
Nigeria: Stock Market Returns Bearish As Investors Lose N1.3 Trn in 5 Days November 4, 2024--The Nigerian stock market ended last week ended on a bearish note, as both the Nigerian Exchange, NGX All Share Index, ASI and market capitalisation fell to 97,432.02 points, and market N59.038 trillion, down from the previous week's close of 99, 448. 91 points and N59. 432 trillion respectively. |
South Africa projects wider deficits and rising debt despite improved growth October 31, 2024--South Africa's government forecasted higher budget deficits and debt for the next three years, even as improved electricity supply suggests better growth prospects. In its first budget review since forming a coalition,the National Treasury projected a 5.0% deficit of national output for the fiscal year ending in March 2025, up from the 4.5% previously forecast. |
Options derivatives trading coming to Nairobi Securities Exchange October 31, 2024--A big step forward for Kenya’s derivatives market NEXT, a part of the Nairobi Securities Exchange (NSE), as it moves to introduce options derivatives trading. These will be options on the existing NEXT securities, which are futures contracts for single stocks and indices offered by the NSE.
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Uganda Joins BRICS As Partner Nation, Paving the Way for Increased Trade and Investment October 24, 2024--Uganda has officially joined BRICS (Brazil, Russia, India, China, and South Africa) as one of 13 new partner nations in a move set to reshape its international trade and investment prospects.
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BRICS: African leaders call for reforms of international institutions October 23, 2024--African leaders attending the summit of BRICS nations currently underway in Russia, spoke out on Wednesday about what they see as important issues on the international stage. |
Gender Parity Will Unlock $287bn for Africa's Economy By 2030-Report September 19, 2024--Tackling systemic barriers towards the participation of young women in Africa's workforce will drive an estimated $287 billion to its economy by 2030, boosting GDP by 5 per cent, according to a new report commissioned by the Mastercard Foundation. |
Africa: Climate-ECA Reveals Africa Loses Up to 5 Percent of GDP September 4, 2024--The United Nations Economic Commission for Africa (ECA), the World Meteorological Organization (WMO) and the African Union Commission, jointly announced the continent Africa needs urgent and increased investment in climate adaptation and resilience. |