Africa GDP 4.2 percent growth fastest economies 2025 2026
Every story we have published on Africa GDP 4.2 percent growth fastest economies 2025 2026.
Africa’s $164bn wealth funds eye mining
Africa’s sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed as active financiers of the continent’s mining sector. Ethiopian Investment Holdings ($45 billion) signed a 2026…
Addis Ababa unveils 10.5km river project
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa on June 28, spanning 87.6 hectares…
AfDB backs Arua airport in Uganda
The African Development Bank has approved $180 million to upgrade Uganda’s Arua Airport into an international-standard facility capable of handling…
Ghana’s 1,400bps rate cut leads Africa
Ghana’s Bank of Ghana cut its benchmark rate by a cumulative 1,400 basis points from 28% in January 2025 to 14% by March 2026, the most aggressive…
Nigeria slams the IMF’s tax prescriptions
A Nigerian think tank, the Alliance for Economic Research and Ethics, has criticised the IMF’s 2026 Article IV recommendations including excise…
Rwanda’s Rwf7.8tn budget hits parliament
Rwanda Finance Minister Yusuf Murangwa presented the Rwf7.8 trillion ($990 million) national budget to Parliament on June 11, a 12% increase from…
China embeds deeper in Africa’s ports
China holds stakes in roughly one-third of African ports, has invested $50 billion in port infrastructure since 2013, and accounts for 22% of all…
AFC closes record $2bn syndicated loan
Africa Finance Corporation raised a record $2 billion syndicated loan on June 4, upsized from $1.6 billion after strong demand from 26 lenders…
Rwanda locks in $250m IMF credit facility
The IMF Executive Board approved Rwanda’s $250 million, 38-month Extended Credit Facility on June 9, with an immediate $35.7 million disbursement.…
Ruto wins Sh20.7bn EU digital deal
President Ruto secured Sh20.7 billion ($160 million) in EU digital investments during his Brussels visit on June 8: Sh15.3 billion under the…
Museveni: Uganda will hit 50,000MW
Museveni’s June 4 State of the Nation Address set a target for Uganda to expand electricity generation to 50,000 megawatts, 25 times current…
Ethiopia clears IMF review, unlocks $468m
The IMF reached a staff-level agreement on Ethiopia’s fifth ECF review on June 3, paving the way for a $468 million disbursement that would bring…
Sudan seals $51m AfDB water deal
Sudan signed a $51 million agreement with the African Development Bank and UNICEF on June 4 to convert three stalled water projects into a single…
African-owned PE raises the $500m bar
Admaius Capital Partners, the Kigali-headquartered African-owned PE firm, has launched Virunga Africa Fund II targeting $500 million, doubling Fund…
Mauritius bank plugs Africa’s $92bn trade hole
Mauritius Commercial Bank announced a $1 billion trade finance facility on June 1, to be deployed over four years to support intra-African trade and…
Brazzaville gives AfDB’s NAFAD a mandate
The AfDB’s 61st Annual Meetings closed in Brazzaville on May 29 with governors formally endorsing the New African Financial Architecture for…
Ethio Telecom hits Ethiopia’s stock exchange
Ethio Telecom listed on the Ethiopian Securities Exchange on May 26 under ticker TELE, becoming the first state-owned enterprise and first…
Ethiopia’s Eurobond talks collapse, bondholders sue
Ethiopia’s Ministry of Finance announced on May 28 that formal Eurobond restructuring talks with private bondholders collapsed after they rejected a…
Five nations split Africa’s $3.6 trillion
Five African economies, Nigeria, South Africa, Egypt, Ethiopia and Algeria, account for approximately half of the continent’s $3.6 trillion GDP in…
AfDB: 12 fastest economies are African
The AfDB’s African Economic Outlook 2026, launched today in Brazzaville, reveals that Africa’s real GDP grew 4.2% in 2025, with 12 of the world’s 20…