Africa

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

🇬🇭 Ghana’s 24-Hour Economy Plan Targets Below 5% Unemployment by 2034, as Bank Lending Rates Hit 33.58%

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🇬🇭 Ghana CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways President Mahama’s 24-Hour Economy initiative aims to cut unemployment below 5% by 2034, per GBC Ghana Online (July 17, 2026). GTBank charges the highest SME lending rate at 33.58%, while Standard Chartered offers the lowest at 11.03%, according to CitiNewsroom.com … Read more

🇰🇪 Gulf War Pushes 2.4 Million Kenyans Into Poverty, World Bank Reports

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🇰🇪 Kenya CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways 2.4 million Kenyans pushed into poverty by Gulf war, reports World Bank (July 17, 2026) Treasury bills and FGN bonds beat inflation as disinflation boosts returns, reports streamlinefeed.co.ke (July 20, 2026) Kenya’s economy creates more millionaires, reports standardmedia.co.ke (July 19, … Read more

🇳🇬 Nigeria’s Inflation Drops Slightly to 15.91% in June as Food Prices Keep Rising

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🇳🇬 Nigeria CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Nigeria’s headline inflation eased to 15.91% in June 2026, according to Channels Television reporting on July 15. Food prices rose month-on-month, even as the overall inflation rate dipped, per Head Topics on July 16. Nigeria’s GDP is projected to hit … Read more

🇿🇦 South Africa Faces Mixed Economic Signals: Inflation Warning as Bread Could Hit R45

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🇿🇦 South Africa CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways June 2026 inflation forecast being released — economists watching CPI trends closely (businessreport.co.za, July 19, 2026). Loaf of bread could cost R45 within the next decade, according to an inflation warning (The Citizen, July 16, 2026). Homeowners face R1,847 … Read more

🇹🇳 Tunisia’s President Touts Reforms as Inflation Slows, But Bond Yields Face Global Pressure

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🇹🇳 Tunisia CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways President Kaïs Saïed touted his economic reforms as a defense of national sovereignty on July 14, 2026, per Capmad. Global inflation slowed more than expected to 3.5% in June 2026, according to Newsmax on July 14, 2026. Economist Nouriel Roubini … Read more

🇹🇩 CEMAC Banks Tap Central Bank for More Cash After Policy Easing

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🇹🇩 Chad CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Banks in the CEMAC region increased their demand for liquidity from the Bank of Central African States (BEAC) after recent policy easing, according to a July 16, 2026 report from Business in Cameroon. The BEAC is the central bank for … Read more

🇸🇨 Seychelles Inflation Holds Steady as Central Bank Maintains Cautious Watch

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🇸🇨 Seychelles CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways No new Seychelles-specific inflation or GDP data was reported in the provided headlines. Global central banks show mixed policy: South Korea’s central bank hiked rates for the first time since 2023 on July 16, 2026 (Temple Daily Telegram). Bank of … Read more

🇸🇿 Eswatini Inflation Eases to 2.6% as Cost of Living Pressures Stabilise, Economy Grows 6.1%

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🇸🇿 Eswatini CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Inflation fell to 2.6% in June 2026, easing cost of living pressures, according to Eswatini Positive News (July 15, 2026). The Conference Board reported that June CPI data “closes the door” for a July rate hike by the Central Bank … Read more

🇸🇸 South Sudan Remains Poorest Nation as GDP Per Capita Stagnates in 2026

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🇸🇸 South Sudan CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways South Sudan ranked as the poorest country in the world by GDP per capita in 2026, according to the Sudanese American Physicians Association on July 13, 2026. The nation also topped the list of poorest African countries in 2026, … Read more

🇲🇼 Malawi’s Inflation Fight Stalls as Mutharika Budget Fails to Deliver Relief, RBM Deputy Warns

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🇲🇼 Malawi CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Malawi ranks among the top 10 poorest countries in the world in 2026 by GDP per capita, according to the Sudanese American Physicians Association (July 2026). Three months after its passage, President Mutharika’s budget is “crashing” as promised relief fails … Read more