Economic

Economic by AfricaHeadline unpacks the numbers, policies, and trends shaping Africa’s economies. From agriculture to fintech, trade to inflation, we break down what’s driving growth, and what’s holding it back. With expert insights and grassroots perspectives, we connect economic data to everyday African lives.

Burkina Faso: Economic growth on the horizon amid persistent challenges

Lagos, Nigeria– Burkina Faso’s economy is projected to grow by 5.1% in 2025, offering a
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President Ramaphosa reaffirms commitment to economic growth through government-business partnership

Johannesburg, South Africa – President Cyril Ramaphosa convened ministers and senior business leaders today, January
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Angola allocates two-thirds of fiscal revenue to debt repayment, highest

Johannesburg, South Africa – Angola is set to allocate 66.4% of its fiscal revenue to
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Sonangol unveils strategy to double operations

Luanda, Angola – Angola’s state-owned oil company, Sonangol, has unveiled ambitious plans to significantly increase
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BPC focuses on recovery and expansion amid Angola’s banking sector

Johannesburg, South Africa – The Banco de Poupança e Crédito (BPC), Angola’s largest state-owned financial
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FirstBank of Nigeria targets expansion into Ethiopia, Angola, and Cameroon

Lagos, Nigeria – First Bank of Nigeria Limited (FirstBank), one of Nigeria’s oldest and most
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A lifeline for South Africa with Universal Basic Income Grant

Johannesburg, South Africa – South Africa is set to launch the Universal Basic Income Grant
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The dollar and the global financial system

Johannesburg, South Africa – Since the Bretton Woods Agreement in 1944, the US dollar has
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Africa’s Economic Outlook for 2025

Growth, Challenges, and Opportunities Johannesburg, South Africa – Africa’s economy is forecast to grow at
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Angola sees steady industrial growth in Q3 2024

Lagos, Nigeria – Angola’s industrial sector demonstrated notable resilience in the third quarter of 2024,
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