Namibia Hikes Interest Rate to 6.75% Amid Rising Inflation Concerns
On June 17, 2026, the Bank of Namibia raised its benchmark repo rate by 25 basis points to 6.75%, marking its first interest rate increase […]
growth
South Africa Records 0.5% Economic Growth in First Quarter of 2026
South Africa’s economy expanded by 0.5 per cent in the first quarter of 2026, marking the sixth consecutive quarter of growth, according to figures released […]
Angola Reclaims Position as Sub-Saharan Africa’s Third Largest Economy – IMF
Angola has regained its status as the third-largest economy in Sub-Saharan Africa, according to the International Monetary Fund’s latest 2026 economic outlook report, authorities disclosed […]
South Africa Secures $150 Million OPEC Fund Loan for Infrastructure Reforms
South Africa has secured a 150-million-U.S.-dollar development policy loan from the OPEC Fund for International Development to support infrastructure reforms aimed at boosting economic growth […]
Nigeria Approves Key PPP Projects to Boost Transport and Power Infrastructure
The Federal Executive Council has approved three major Public-Private Partnership (PPP) projects aimed at strengthening infrastructure and driving economic growth across critical sectors in Nigeria. […]
Guinea Bauxite Output Surges 25% in Q1 2026 as Export Curbs Loom
Guinea recorded a 25% increase in bauxite output in the first quarter of 2026, driven largely by strong demand from China, according to official data […]
World Bank Cuts Sub-Saharan Africa’s 2026 Growth Outlook Amid Mounting Global Pressures
The World Bank on Wednesday, April 8 downgraded its 2026 economic growth forecast for sub-Saharan Africa by 0.3 percentage points from its October 2025 projection, […]
Rwanda Secures $250m IMF Loan Deal to Sustain Reforms Amid Global Pressures
Rwanda on Thursday reached a staff-level agreement with the International Monetary Fund on a 38-month Extended Credit Facility programme valued at SDR 185 million (approximately […]
Angola Accelerates Civil Aviation Reforms to Drive Economic Growth
The Government of Angola is advancing a series of reforms in the civil aviation sector as part of a broader strategy to stimulate economic growth […]
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, […]