Nigeria’s economy is 30% larger than previously estimated after the statistics agency factored in new sectors to recalculate the country’s GDP.

Despite an unsteady global economy and intensifying geopolitical risks, Africa is poised to chart a new economic course, with real Gross Domestic Product (GDP) expected to rise steadily from 4.0 ...

CHOUCHANERising tariffs, geopolitical fragmentation, and persistent supply-chain disruptions are roiling international trade. The World Trade Organization projects a 0.2% contraction in global goods ...

South African economists taking part in the Economist of the Year competition have lowered their GDP growth forecasts as ...

On the chart of the top ten contributors to the economy, the activities of financial institutions stood at number 5 (5.76 per cent) behind crop production (23.42 per cent), trades (15.11 per cent ...

Africa is losing 5% to 15% of its per capita economic growth due the effects of climate change and is facing a gaping climate finance shortfall, according to the African Development Bank (AfDB).

South Africa's statistics agency has rebased its gross domestic product survey and added previously excluded activities that could lead to revisions of past economic growth numbers. Tuesday, July ...

Johannesburg - Emerging economies, including many in Africa, are enjoying some of the strongest GDP growth rates in the world but much of this growth is an illusion and could be detrimental over ...

South Africa GDP Growth Outlook Gets Biggest Cut Since Early 2023; SARB to Trim Rates. By Reuters | May 27, 2025. By Reuters | May 27, 2025, at 11:16 a.m. Save. More.

The recent unrest in South Africa likely shaved about 0.7% off headline GDP growth in 2021 but strong commodity prices will continue to support the economy, S&P Global ratings said.