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Africa Economic Pulse
Live Data ·
Continental Indicators — Q2 2026
Africa GDP Growth Forecast (AfDB 2026)+4.3%
Avg Continental Inflation (AfDB 2026)10.3%
AfCFTA Active Members47 / 54
African VC Investment (Q4 2025)$2.4B
Brent Crude (Feb 2026 avg)$69.41/bbl
Gold Price$4,628/oz
Uranium Spot$87.25/lb
Platinum (LBMA)$978/oz
Cobalt (DRC export grade)$26,800/t
Avg Public Debt-to-GDP (2025 est.)63%
Central Banks Cutting Rates 20266 of 9 surveyed
Central Bank Policy Rates — 2026
CBN — Nigeria26.5%▼ -50bps Mar’26
SARB — South Africa6.75%— Hold
CBK — Kenya8.75%▼ 10th cut
BoG — Ghana28.0%▼ Easing
CBE — Egypt27.25%▼ Cut
BoZ — Zambia13.5%▼ -75bps
BNR — Rwanda6.5%— Hold
BoT — Tanzania5.75%— Hold
BAM — Morocco2.75%— Hold
BNA — Angola19.5%▼ Easing
Nigeria
1 USD = 1,377 NGN
GDP Growth
+4.1% Q4’25
Inflation
15.06% Feb’26
Policy Rate
26.5% ▼
Debt/GDP
38%
Reserves
$38.2B
GDP Nom.
$334.3B
Ghana
1 USD = 11.19 GHS
GDP Growth
+5.9% 2026f
Inflation Target
9.7%
Policy Rate
28.0% ▼
Debt/GDP
84%
Reserves
$6.7B
Note
Post-IMF recovery
Senegal
XOF Zone
GDP Growth
+8.2% 2026f
Inflation
3.4%
Debt/GDP
98%
Reserves
$2.9B
Note
First oil 2024
Outlook
Top performer
Cameroon
XAF Zone
GDP Growth
+4.1% 2026f
Inflation
4.8%
Debt/GDP
44%
Reserves
$4.1B
Kenya
1 USD = 130 KES
GDP Growth
+5.1% 2026f
Inflation
4.3%
Policy Rate
8.75% ▼
Debt/GDP
67%
Reserves
$8.3B
Note
10th rate cut
Tanzania
1 USD = 2,589 TZS
GDP Growth
+5.4% 2026f
Inflation
3.1%
Policy Rate
5.75% hold
Debt/GDP
42%
Reserves
$5.8B
Key Sector
Tourism, LNG
Ethiopia
1 USD = 56.8 ETB
GDP Growth
+6.2% 2026f
Inflation
28.4%
Policy Rate
7.0%
Reserves
$3.1B
Uganda
1 USD = 3,750 UGX
GDP Growth
+6.0% 2026f
Inflation
3.8%
Policy Rate
9.75%
Reserves
$3.9B
Egypt
1 USD = 48.00 EGP
GDP Growth
+4.2% 2026f
Inflation
24.1% Jan’26
Policy Rate
27.25% ▼
Debt/GDP
88%
Reserves
$46.9B
PAPSS
EGP/NGN live
Morocco
1 USD = 9.25 MAD
GDP Growth
+3.6% 2026f
Inflation
2.8%
Policy Rate
2.75%
Debt/GDP
70%
Reserves
$36.2B
GDP Nom.
$196.1B
Algeria
1 USD = 134 DZD
GDP Growth
+3.8% 2026f
Inflation
7.2%
Policy Rate
3.0%
Reserves
$68.4B
Tunisia
1 USD = 3.12 TND
GDP Growth
+1.8% 2026f
Inflation
8.9%
Policy Rate
8.0%
Debt/GDP
79%
South Africa
1 USD = 16.77 ZAR
GDP Growth
+1.5% 2026f
Inflation
3.2% Jan’26
Policy Rate
6.75% hold
Debt/GDP
75%
Reserves
$62.4B
Sov. Bond 10Y
9.4%
Zambia
1 USD = 18.98 ZMW
GDP Growth
+4.8% 2026f
Inflation
9.4% Jan’26
Policy Rate
13.5% ▼
Debt/GDP
124%
Key Export
Copper
Reserves
$3.2B
Botswana
1 USD = 13.74 BWP
GDP Growth
+4.3% 2026f
Inflation
3.1%
Debt/GDP
19%
Note
De Beers reset
Mozambique
1 USD = 63.69 MZN
GDP Growth
+5.2% 2026f
Inflation
6.1%
Policy Rate
9.25% ▼
Debt/GDP
102%