Angola Pushes for Stronger Banking Sector to Drive Economic Transformation
In Luanda on Thursday, 18 June 2026, the Angolan Government called for a more dynamic and development-oriented banking sector to play a stronger role in […]
Economy
Zambia Records Steady 3.8% Economic Growth in 2025
Zambia’s economy expanded by 3.8 percent in 2025, maintaining the same growth rate recorded in 2024, according to preliminary figures released on March 26, 2026, […]
South Africa’s Economy Records 1.1% Growth in 2025
South Africa’s economy expanded by 1.1 per cent in 2025, according to data released on Tuesday, March 10, by Statistics South Africa (Stats SA). The […]
Ghana: Mahama Expresses Surprise at Rapid Recovery of Ghana’s Economy
President John Dramani Mahama has expressed astonishment at the swift turnaround of Ghana’s economy, describing the pace of recovery as far exceeding both his expectations […]
Sonko Flags Hidden Debt Risks as Senegal’s Public Liabilities Surge Beyond GDP
Speaking in Passi on Thursday, 01 January 2026, during the closing of a 72-hour cultural and sporting event, Senegal’s Prime Minister Ousmane Sonko disclosed that […]
Uganda Poised for Double-Digit Growth as Oil Production Begins
Uganda is set to begin commercial oil production in its western fields, a development expected to accelerate the country’s economic growth to double digits by […]
Mozambique Sees Surge in Digital Financial Inclusion and Improved Lending Conditions
The Bank of Mozambique has reported a substantial rise in electronic money account users, growing from 11.9 million in December 2022 to 23 million by […]
Nigeria Records 3.13% GDP Growth in Q1 2025 Amid Structural Reforms and Economic Rebasing
Nigeria’s economy witnessed a notable boost in the first quarter of 2025, as its Gross Domestic Product (GDP) grew by 3.13% in real terms year-on-year, […]
BFA improves Angola’s GDP growth to up to 4.5% in 2024
Banco Fomento Angola (BFA) has raised its growth forecast for Angola’s economy in 2024 to as much as 4.5%, following stronger-than-expected results in the third […]
Angola’s economic situation worsens, consumer confidence declines
The economic challenges faced by Angola and its families have deepened over the past year, driven by rising unemployment and increasing prices for goods and […]