| Economic Growth is Speeding Up in Africa, but Uncertainty Clouds Outlook
April 23, 2025--Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027. This growth is mainly due to increased private consumption and investments as inflation cools down and currencies stabilize. |
| The median inflation rate in the region declined from 7.1% in 2023 to 4.5% in 2024. However, growth is still not strong enough to significantly reduce poverty and meet people's aspirations -a core concern of the 31st edition ofAfrica's Pulse, which focuses on Improving Governance and Delivering for People in Africa. Real income per capita in 2025 is expected to be approximately 2% below its most recent peak in 2015. Countries rich in resources and those facing fragility, conflict and violence are growing more slowly than more diversified economies, and the region is struggling to create enough good jobs for its young population. |
| East Africa's regional 20 share index June 24, 2025-The National Securities Exchange of Somalia (NSES) is joining the Somali Stock Exchange as a member of the East African Securities Exchanges Association (EASEA), which brings together the exchanges of Kenya, Rwanda, Somalia, Tanzania, Uganda and Ethiopia, as well as Burundi when that exchange will be launched. |
| African Credit Rating Agency to Launch September 2025 June 16, 2025--The African Credit Rating Agency (AfCRA), a new privately owned credit rating body, is set to begin operations by September 2025
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