Africa ETP News
you are currently viewing::West Africa growth projected at 4.6% in 2026, remains resilient-AfDB Regional Economic Outlook ReportAugust 10, 2026---Câte d'Ivoire remains largest economy in the West African Economic and Monetary Union (WAEMU), expected to grow by 6.5% in 2025 These were among the major highlights of the African Development Bank Group’s 2026 West Africa Regional Economic Outlook and the 2026 Câte d'Ivoire Country Focus Report. The region's outlook remains promising, with growth projected at 4.6% in 2026, driven by stronger private investment, recovering domestic demand, continued infrastructure investments and expansion in the oil, gas and mining sectors. However, prolonged geopolitical tensions, persistent global inflation, rising public debt vulnerabilities and tighter financial conditions could weigh on this positive outlook . Source: African Development Bank |
Regional Economic Outlook 2026: Southern Africa Must Mobilise Development Finance at Scale to Close Annual $55 Billion Financing Gap
July 29, 2026--Southern Africa must urgently mobilise development financing at scale to turn a gradual and uneven economic recovery into real gains in living standards, according to the African Development Bank's 2026 Regional Economic Outlook for Southern Africa: Mobilising Southern Africa's Development Financing at Scale in a Fragmented World, released on Tuesday.
Africa's Private Capital Market Sees Mixed First-Half in 2026
July 29, 2026--Africa's private capital market posted a mixed first half in 2026. Deal volume fell 16% year on year to 211 transactions, the first H1 drop since 2023. Investment value rose 65% to $3.7 billion, the second highest first-half total in five years. The gap between average deal size, $32 million, and median deal size, $5 million, points to a market driven by a few large transactions rather than broad growth.
Africa's Blue Economy Generates Over $298 Billion Annually
July 22, 2026--The African Union (AU)'s Director of Blue Economy and Sustainable Environment, Hersen Nyambe, stated on Wednesday (22,) in Luanda, that the continent's blue economy currently generates over 298 billion dollars in annual value, with projections pointing to USD 405 billion output by 2063.
Africa Can Grow Faster With AI-If It Moves Now
July 21, 2026--Artificial intelligence can boost productivity, create better jobs, and improve public services in sub-Saharan Africa, but realizing these gains will require reliable power, affordable internet, stronger skills, and rules people trust
A farmer in Kenya gets weather and planting advice on a basic phone. A teacher in Nigeria uses a chatbot to help students catch up in math. South Africa's revenue authority uses data analytics to better target tax audits. These are not futuristic examples from Silicon Valley.
