Africa ETP News
you are currently viewing::West Africa growth projected at 4.6% in 2026, remains resilient-AfDB Regional Economic Outlook ReportAugust 10, 2026---Câte d'Ivoire remains largest economy in the West African Economic and Monetary Union (WAEMU), expected to grow by 6.5% in 2025 These were among the major highlights of the African Development Bank Group’s 2026 West Africa Regional Economic Outlook and the 2026 Câte d'Ivoire Country Focus Report. The region's outlook remains promising, with growth projected at 4.6% in 2026, driven by stronger private investment, recovering domestic demand, continued infrastructure investments and expansion in the oil, gas and mining sectors. However, prolonged geopolitical tensions, persistent global inflation, rising public debt vulnerabilities and tighter financial conditions could weigh on this positive outlook . Source: African Development Bank |
Africa: 'Nigeria's Fintech Ecosystem Has Become One of Africa's Largest'
August 10, 2026---Chairman of the House Committee on Insurance and Actuarial Matters, Ahamadu Usman Jaha, has said Nigeria's fintech ecosystem has become one of the largest in Africa, noting that the country's growing payment ecosystem continues to attract significant investment.
Africa: Zimbabwe Overtakes Nigeria As Africa's Best-Performing Stock Market
August 6, 2026--Zimbabwe ended last month as Africa's best-performing equity market, overtaking Nigeria, the continent's most populous nation, after months of sustained gains driven by easing inflation, a more stable domestic currency, and renewed investor appetite for local equities.
