Africa ETP News
you are currently viewing::IMF-Regional Economic Outlook Update Sub-Saharan Africa-Hard-Won Gains Under PressureApril 16, 2026-After a strong 2025 with regional growth estimated at 4.5 percent, sub-Saharan Africa entered 2026 reaping the benefits of hard-won stabilization gains. But the war in the Middle East has clouded the outlook. The shock has caused a rapid increase in key commodity prices, particularly in fuel and fertilizer. Poverty, food insecurity, and other social indicators, already weakened by the pandemic, face renewed headwinds from declining foreign aid and rising food prices. Regional growth is expected to decline to 4.3 percent in 2026 with significant heterogeneity across countries. Downside risks are significant amid high global uncertainty and regional macroeconomic vulnerabilities. Policy must focus on addressing the shock in the near term and building resilience over the medium term. Source: imf.org |
Africa Can Grow Faster With AI-If It Moves Now
July 21, 2026--Artificial intelligence can boost productivity, create better jobs, and improve public services in sub-Saharan Africa, but realizing these gains will require reliable power, affordable internet, stronger skills, and rules people trust
A farmer in Kenya gets weather and planting advice on a basic phone. A teacher in Nigeria uses a chatbot to help students catch up in math. South Africa's revenue authority uses data analytics to better target tax audits. These are not futuristic examples from Silicon Valley.
South African business confidence edges up in May after April slump
June 30, 2026--In May the Johannesburg Stock Exchange (JSE) announced new rules designed to ensure more stringent oversight of how brokers and trading firms deploy "algo-trading" techniques on the exchange.
