Africa

Economic news, CPI, monetary policy, GDP, and market developments across African nations.

🇱🇸 Lesotho Central Bank Raises Rates to 7.0% as SMEs Target AfCFTA Growth

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🇱🇸 Lesotho CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways The Central Bank of Lesotho raised its policy rate by 25 basis points to 7.25%, as reported by SABC News on September 23, 2026. A subsequent update confirmed the policy rate stands at 7.0%, according to TradingView on September 29, … Read more

🇱🇷 IMF Unlocks $50.2 Million as Liberia Cites 5.1% Growth Amid Inflation Debate

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🇱🇷 Liberia CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways The International Monetary Fund released $50.16 million to Liberia, citing a projected economic growth rate of 5.1% (Liberian Observer, October 2, 2026). Channel Africa reported the same $50.2 million disbursement on September 29, 2026, highlighting strengthening economic momentum. An economist … Read more

🇬🇶 Equatorial Guinea Sees Diplomatic and Energy Shifts as Oil Sector Faces Long-Term Challenges

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🇬🇶 Equatorial Guinea CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways African Development Bank Group continues to engage with the Republic of Equatorial Guinea on development financing, reported October 1, 2026. Britannica notes that while oil remains dominant, agriculture and fisheries are critical sectors for diversification, updated September 30, 2026. … Read more

🇬🇼 Guinea-Bissau Faces Political Uncertainty as Military Blocks Ex-President’s Return Amid Regional Economic Shifts

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🇬🇼 Guinea-Bissau CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Guinea-Bissau military blocks ex-President Umaro Embaló from returning to country (The Eastleigh Voice, 2026-10-02). Global inflation trends tracked by the Council on Foreign Relations show continued pressure on West African economies (CFR, 2026-09-30). Standard of Living metrics for 2026 highlight … Read more

🇬🇲 Gambia Hits 6.1% GDP Growth in 2025 Amid Banking and Labor Shifts

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🇬🇲 The Gambia CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Gambia achieved 6.1% GDP growth in 2025, according to an ECOWAS report cited by Africa24 TV on September 20, 2026. The African Development Bank Group published a country report on the Republic of Gambia on September 22, 2026. GIEPA … Read more

🇬🇳 Guinea Rejects EcoWas Single Currency Plan Amid Simandou Bond Issuance and Growth Concerns

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🇬🇳 Guinea CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Guinea officially opts out of the EcoWas single currency plan, prioritizing national monetary stability over regional integration (Dabafinance, 2026-09-23). Afriland First Bank Guinea arranges a massive bond issuance of 2,500 billion GNF to fund the Simandou 2040 program, signaling major … Read more

🇩🇿 Algeria’s GDP Projected to Reach $400 Billion as IMF Commends Economic Resilience

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🇩🇿 Algeria CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways President Tebboune affirms Algeria’s GDP could reach USD 400 billion by late 2026 or early 2027 (Source: aps.dz, October 4, 2026). The IMF commends the resilience of the Algerian economy and its efforts toward diversification (Source: news.radioalgerie.dz, September 22, 2026). … Read more

🇨🇻 Cabo Verde Seeks Investment Boost as Q2 Growth Signals Economic Recovery

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🇨🇻 Cape Verde CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Cabo Verde is actively seeking to unlock new investment streams to fuel its next stage of development, according to the African Development Bank Group (September 22, 2026). The economy showed signs of picking up momentum in the second quarter … Read more

🇨🇬 BEAC Signals Rate Cuts in 2027 as Central African Growth Stalls

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🇨🇬 Republic of the Congo CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Fitch Solutions reports the Bank of Central African States (BEAC) will resume rate cuts in 2027 due to weak regional growth (Source: Fitch Solutions, 2026-09-29). The World Bank Group released its Summer 2026 Economic Barometer for the … Read more

🇨🇩 AfDB Urges Central Africa to Mobilize Resources as Regional Growth Faces Fragmentation

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🇨🇩 Democratic Republic of the Congo CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways The African Development Bank Group calls on Central Africa, including the DRC, to mobilize resources on a large scale in a fragmented world (Source: African Development Bank Group, 2026-09-25). Central African nations are urged to strengthen … Read more