Africa ETP News
you are currently viewing::South African rand strengthens after surprise GDP growth dataJune 9, 2026- The rand strengthened on Tuesday after South Africa's economy expanded more than expected in the first quarter of 2026, though the impact of the Iran war was likely to be reflected in the next release.
Gross domestic product (GDP) grew 0.5% quarter-on-quarter on a seasonally adjusted basis in the first three months, Statistics South Africa data showed. Economists polled by Reuters forecast GDP growth of 0.3% quarter-on-quarter, down from 0.4% in the fourth quarter of 2025, and 1.8% year-on-year. Source: cnbcafrica.com |
Stablecoins in Nigeria: A Growing Cross-Border Channel
June 16, 2026- U.S. dollar-pegged digital tokens reduce payment frictions but raise new policy trade-offs
Nigerian households and small firms are moving money across borders in a new way: via smartphones, digital wallets, and U.S. dollar-pegged crypto assets known as stablecoins.
Africa's growth holds firm amid global turbulence, says 2026 African Economic Outlook
May 26, 2026-The continent recorded an estimated average GDP growth of 4.4 percent in 2025, with 22 economies posting rates above 5 percent.
In 2026, Africa is projected to grow at 4.2 percent, despite heightened geopolitical tensions and global supply shocks.
Africa's growth holds firm amid global turbulence, says 2026 African Economic Outlook
May 26, 2026-The continent recorded an estimated average GDP growth of 4.4 percent in 2025, with 22 economies posting rates above 5 percent.
In 2026, Africa is projected to grow at 4.2 percent, despite heightened geopolitical tensions and global supply shocks.
Central Africa is expected to see growth rising to 3.8 percent in 2026 from 3.6 percent in 2025, buoyed by sustained high oil prices
Zimbabwe- a tale of two African stock exchanges
June 15, 2026-The Victoria Falls Stock Exchange (VFEX) is positioning itself as a gateway to international capital entering Zimbabwe and other southern African markets. Will it take liquidity away from parent company the Zimbabwe Stock Exchange (ZSE), or are the two bourses complementary?
First Mutual Wealth Gold ETF debuts on VFEX
May 2, 2026-Zimbabwe's exchange-traded fund (ETF) landscape has undergone a gradual evolution, shaped by liquidity constraints and shifts in the underlying equity instruments. The launch of the Old Mutual Top 10 ETF in December 2020, the first ETF, with listing in January 2021, marked a significant milestone for the Zimbabwe Stock Exchange (ZSE), introducing passive investment exposure.
Africa Faces Mounting Risks Just as Growth Gains Take Hold
April 23, 2026- To weather the shock, policymakers should ensure that any near-term measures are time-bound and targeted at the most vulnerable, and maintain the focus on medium-term development objectives.
Sub-Saharan Africa's economies entered 2026 with significant momentum. The region had notched its fastest growth rate in 10 years-4.5 percent in 2025-buoyed by reduced macroeconomic imbalances, rising investment levels, and a generally supportive external environment.
IMF-Regional Economic Outlook Update Sub-Saharan Africa-Hard-Won Gains Under Pressure
April 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.
