you are currently viewing::African Economic Outlook 2025-Africa's short-term outlook resilient despite global economic and political headwindsMay 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.
Despite the prevailing domestic and external challenges Africa continues to demonstrate notable resilience. The report, titled "Making Africa’s Capital Work Better for Africa's Development", was released during the Bank Group's 2025 Annual Meetings, taking place in Abidjan, Côte d'Ivoire. It demonstrates the continent's capacity to weather multiple shocks while identifying pathways to unlock a vast potential for transformation. Strong growth outlook despite global headwinds The report presents encouraging projections despite significant challenges: 21 African countries will achieve growth exceeding 5 percent in 2025, with four countries-Ethiopia, Niger, Rwanda, and Senegal-potentially reaching the critical 7 percent threshold required for poverty reduction and inclusive growth. Source: citywire.com |
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.