Africa ETP News
you are currently viewing::IMF Staff Completes 2025 Article IV Mission with NigeriaJuly 2, 2025--The Nigerian authorities have implemented major reforms over the past two years which have improved macroeconomic stability and enhanced resilience. The authorities have removed costly fuel subsidies, stopped monetary financing of the fiscal deficit and improved the functioning of the foreign exchange market. At the same time, poverty and food insecurity have risen, and the government is now focused on raising growth. Growth accelerated to 3.4 percent in 2024, driven mainly by increased hydrocarbon output and vibrant services sector. Agriculture remained subdued, owing to security challenges and sliding productivity. Real GDP is expected to expand by 3.4 percent in 2025, supported by the new domestic refinery, higher oil production and robust services. Against a complex and uncertain external environment, medium-term growth is projected to hover around 3½ percent, supported by domestic reform gains. Source: imf.org |
JSE Adds Three Etfs to Expand Global Investment Access
December 15, 2025-The Johannesburg Stock Exchange listed three new exchange-traded funds, giving South African investors broader access to global equities, multi-asset strategies, and international property markets, per African Markets report.
