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Africa’s Economic Trends | Markets, Trade & Investment Insights


Africa's Fintech Sector to Grow 5X to $47 Billion
The African financial services sector, spanning traditional banks and fintech firms, has experienced strong growth, averaging 8% annual...
mercy munyao
5 days ago2 min read
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Africa Can Unlock $3.4 Billion Through Regional Trade
Africa stands at a critical juncture in its economic development, with the potential to unlock a $3.4 billion trading market through...
mercy munyao
Feb 262 min read
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Burundi's Bold Economic Modernization
Burundi is embarking on an ambitious journey to address its rising public debt, which surged by 18% to BIF 6,150.8 billion in 2023....
Claire
Feb 101 min read
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Nine of the Top 20 Performing Economics in the World to come from Sub-Saharan Africa in 2025
The International Monetary Fund’s (IMF) World Economic Outlook report forecasts Sub-Saharan Africa’s economic growth to reach 4.2% in...
Claire
Feb 102 min read
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Sub-Saharan Africa is Expected to Double its Renewable Energy Capacity by 2030
Sub-Saharan Africa is set to experience a transformative leap in renewable energy, with nearly 90 GW of new capacity forecasted from 2024...
Claire
Jan 302 min read
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Chinese Lending To Africa Fell to its Lowest Level in Two Decades
Over the past two decades, China has emerged as one of the largest business partners for sub-Saharan Africa, purchasing over a fifth of...
mercy munyao
Jan 61 min read
2
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Top Five Innovation Performers In Africa
In the latest Global Innovation Index (GII) rankings, Sub-Saharan Africa (SSA) showcases a blend of progress and challenges, with several...
mercy munyao
Dec 23, 20242 min read
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How Africa's Demographic Could Change the World
Africa is undergoing a profound demographic transformation that holds the potential to reshape the global landscape. As of April, India...
spotlightethio
Dec 1, 20241 min read
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Impacts Of Kenya's Finance Bill 2024 On The Local Economy
The 2024/25 Kenya Budget, presented by Finance Minister Njuguna Ndung’u, has sparked intense debate. With a budget deficit at 3.3% of GDP...
mercy munyao
Jul 12, 20241 min read
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How Africa's Mineral Wealth Can Supply The Clean Energy Transition
Sub-Saharan Africa has a unique opportunity to capitalize on its abundant critical mineral reserves amidst the global shift towards clean...
mercy munyao
Jun 23, 20242 min read
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Could Carbon Credits Become Africa's Net Big Export?
Carbon credits are emerging as a strategic tool for combating climate change by allowing companies and countries to offset their carbon...
merabweri
May 5, 20242 min read
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Several African Central Banks Are Exploring Digital Currencies to Enhance Payment Systems.
As Africa strives towards financial inclusion, several countries in the continent are currently exploring the use of Central Bank Digital...
merabweri
Apr 14, 20241 min read
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Africa dominates list of the world’s 20 fastest-growing economies in 2024
In 2024, Africa is poised to dominate the list of the world’s 20 fastest-growing economies, with eleven African nations expected to...
merabweri
Mar 28, 20241 min read
14
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Trends in African Startup Funding Show a Shift in Investor Focus
In 2023, African startups secured a total of $2.9 billion in funding across equity, debt, and grants for deals exceeding $100k, marking a...
merabweri
Feb 26, 20241 min read
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Six of the Top 10 Performing Economies in the World are Expected to Come From Sub-Saharan Africa in 2024.
According to the IMF, six of the top-10 fastest-growing economies are expected to emerge from Sub-Saharan Africa. Ivory Coast, leading...
merabweri
Feb 26, 20241 min read
14
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Chinese Lending to Africa Fell to its Lowest Level in Two Decades
Over the past two decades, China has emerged as one of the largest business partners for sub-Saharan Africa, purchasing over a fifth of...
spotlightethio
Jan 2, 20241 min read
12
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