Markets · News
African financial markets advance but remain held back by a lack of liquidity
Twenty-one of the 29 countries studied improve their score in 2026. However, the lack of trading continues to hold back companies’ access to financing.
Country
GDP growth
1.1%
2025 · 2026 : 1.0% (projection)
Inflation
3.2%
2025 · 2026 : 3.9% (projection)
Public debt
78.6%
2025 · % of GDP · 2026 : 78.9% (projection)
Fiscal balance
-5.8%
2025 · % of GDP · 2026 : -4.9% (projection)
Current account balance
-0.5%
2025 · % of GDP · 2026 : -0.9% (projection)
Nominal GDP
427 bn USD
2025 · 2026 : 480 bn USD (projection)
GDP per capita
6,769 USD
2025 · 2026 : 7,503 USD (projection)
Population
64.7 million
2025
En %
Source : IMF World Economic Outlook
| Observed or estimated | IMF projection | |
|---|---|---|
| 2015 | 1,3 | — |
| 2016 | 0,7 | — |
| 2017 | 1,2 | — |
| 2018 | 1,6 | — |
| 2019 | 0,3 | — |
| 2020 | -6,2 | — |
| 2021 | 4,9 | — |
| 2022 | 2,1 | — |
| 2023 | 0,8 | — |
| 2024 | 0,5 | — |
| 2025 | 1,1 | 1,1 |
| 2026 | — | 1 |
| 2027 | — | 1,3 |
| 2028 | — | 1,5 |
| 2029 | — | 1,7 |
| 2030 | — | 1,8 |
| 2031 | — | 1,8 |
En %
Source : IMF World Economic Outlook
| Observed or estimated | IMF projection | |
|---|---|---|
| 2015 | 4,6 | — |
| 2016 | 6,3 | — |
| 2017 | 5,3 | — |
| 2018 | 4,6 | — |
| 2019 | 4,1 | — |
| 2020 | 3,3 | — |
| 2021 | 4,6 | — |
| 2022 | 6,9 | — |
| 2023 | 5,9 | — |
| 2024 | 4,4 | — |
| 2025 | 3,2 | 3,2 |
| 2026 | — | 3,9 |
| 2027 | — | 3,4 |
| 2028 | — | 3 |
| 2029 | — | 3 |
| 2030 | — | 3 |
| 2031 | — | 3 |
Sources: IMF World Economic Outlook (key figures, growth and inflation; estimates and projections from 2026); World Bank World Development Indicators (population and structural indicators). The latest available year is shown for each figure.
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Twenty-one of the 29 countries studied improve their score in 2026. However, the lack of trading continues to hold back companies’ access to financing.
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