you are currently viewing::IMF-Boosting Growth and Prosperity in South AfricaMarch 10, 2025-Summary These outcomes reflect deepening structural rigidities and governance weaknesses, evidenced by the negative contribution of Total Factor Productivity to growth over the past 15 years. A new Government of National Unity, in power since June 2024, has committed to tackle these challenges by providing new impetus to the ongoing structural reforms initiated in 2020. Source: imf.org |
October 22, 2025-Two out of three African countries have not improved or slipped backwards in their ratings among the 29 countries scored in the 2025 edition of the Absa Africa Financial Markets Index (AFMI), now in its ninth year. However, 10 out of 29 countries increased their overall scores, a slowdown from 2024 when 23 countries increased their scores.
October 21, 2025-The Congo Basin, home to the world's second-largest tropical rainforest, holds immense value for not only the six countries it spans, but for the planet. A new World Bank report reveals the region's forests are not only essential for climate stability and biodiversity, but also a foundation for economic resilience.
October 16, 2025-South Africa is positioning itself as the continent's digital and investment powerhouse, using its economic resilience and advanced infrastructure to attract global capital and drive Africa's growth story.
August 24, 2025--Nigeria has emerged as the largest stablecoin market in Africa, with nearly $22 billion in transactions recorded between July 2023 and June 2024.
August 18, 2025--Key Takeaways
Battery Energy Storage Systems store electricity to stabilize the power grid and provide backup power.
outh Africa dominates Africa's planned battery storage capacity.
The Battery Energy Storage System (BESS) market is currently the fastest growing segment of global battery demand, with y-o-y growth of 53% in 2024, according to Rho Motion's BESS database.