How South Africa Can Unlock its Economic Potential
you are currently viewing::How South Africa Can Unlock its Economic PotentialFebruary 17, 2026--South Africa's new inflation target is one of several actions helping to bolster macroeconomic stability; continued reforms, both macroeconomic and structural, can help maintain momentum and address longstanding vulnerabilities. South Africa demonstrated remarkable economic resilience in the face of global turbulence in 2025, successfully maintaining macroeconomic stability and keeping inflation under control. Even so, the country still faces relatively slow economic growth, high public debt, and significant unemployment, especially among young people. There are also concerns about the reliability of key infrastructure-electricity, freight rail, ports, and water. Source: imf.org |
August 10, 2026---Câte d'Ivoire remains largest economy in the West African Economic and Monetary Union (WAEMU), expected to grow by 6.5% in 2025
West Africa demonstrated economic resilience in 2025, recording growth of 4.8%, above the continental average of 4.4%, amid geopolitical tensions, insecurity in parts of the region, increasing fragmentation of the global economy and heightened volatility in international financial markets.
August 10, 2026---Chairman of the House Committee on Insurance and Actuarial Matters, Ahamadu Usman Jaha, has said Nigeria's fintech ecosystem has become one of the largest in Africa, noting that the country's growing payment ecosystem continues to attract significant investment.
August 6, 2026--Zimbabwe ended last month as Africa's best-performing equity market, overtaking Nigeria, the continent's most populous nation, after months of sustained gains driven by easing inflation, a more stable domestic currency, and renewed investor appetite for local equities.
August 5, 2026--The Nairobi Securities Exchange is building East Africa's first exchange traded fund focused on AI stocks, with plans to offer it to investors before year-end- though its chief executive says the launch could be delayed if the global AI rally starts to look overdone.