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.

Nigeria: Yemi Cardoso faces the test of turning Nigeria’s financial

Stronger reserves, tight monetary policy and a banking recapitalisation equivalent to $3.37bn have helped restore
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Angola posts one of strongest second-quarter growth rates

Non-oil activity and recovering crude production accelerated growth in 2026, although a discrepancy between international
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Ghana bets on digital cedi to reshape payments in one

Bank of Ghana deepens partnership with Germany’s Giesecke+Devrient as Accra tests whether sovereign digital money
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Egypt holds rates high as record remittances strengthen external buffers

Central bank resists rate cuts despite rising reserves, as inflation, debt and regional risks continue
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Angola’s GDP grows 8.74% in second quarter

Non-oil activities expand 9.24%, outpacing the oil sector’s 5.64% growth Annual growth accelerates from 5.32%
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Angola seeks to turn another oil discovery into fuel for

Chevron’s latest find comes as Luanda tries to sustain an oil industry producing about 1mn
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Ghana inflation slows but rents and services keep pressure on

Fall to 4.6% points to greater price stability, though domestic costs and regional disparities cloud
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There is no single African economy, Central Banks are moving

Angola and the Democratic Republic of Congo cut interest rates in July, Ethiopia raised them,
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Ghana’s commodity windfall offers a chance to break the raw-export

Gold and cocoa have rebuilt reserves, strengthened the cedi and helped Ghana emerge from its
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Algeria’s state banks face test as government financing risks squeezing

IMF warns of deep links between the state, public companies and government-owned lenders as Algeria
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