• #Africa
• #Debt
• #EconomicAnalysis
• #Economy
• #Society

Shaken by a succession of exogenous economic shocks such as the covid-19 pandemic, the war in Ukraine and the rise in interest rates on international markets, African countries have seen their average debt-to-GDP ratio reach 62.5%. at the end of 2022.

• #Africa
• #EconomicAnalysis
• #Economy
• #Startup

Kenya, South Africa, Egypt and Nigeria will account for nearly 75% of total fundraising on the African continent in 2023. Fintech companies remain the best funded start-ups.

• #Africa
• #EconomicAnalysis
• #Economy

Economic growth in sub-Saharan Africa is expected to slow this year according to the World Bank, due to weak growth in the largest economies in this geographical area, namely South Africa, Nigeria and Angola.

• #Africa
• #EconomicAnalysis
• #Economy

The institution emphasizes that the decline in regional growth during the current year reflects the worsening of weather shocks, the slowdown of the global economy and domestic supply problems, particularly in the transport sector. 'electricity.

• #Africa
• #EconomicAnalysis
• #Economy

West Africa has seen a slowdown in economic growth over the past year, with the exception of Cabo Verde, Gambia, Guinea, Mali and Niger, according to the 2023 report of the West Africa Economic Outlook from the African Development Bank.

• #Africa
• #EconomicAnalysis
• #Economy

In a global context marked by a succession of crises and headwinds since the appearance of covid-19 in 2020, Africa has shown strong resilience. The continent continued to record positive economic growth. According to the Africa Macroeconomic Performance and Prospects report published by the African Development Bank, the continent is expected to see an average change of 4% in its real gross domestic product in 2023 and 2024. This is higher than the global averages of 2 .7% and 3.2%.

• #Africa
• #EconomicAnalysis
• #Economy
• #Kenya
• #Nigeria
• #SouthAfrica

Despite its strong growth, the African wealth management market remains concentrated in a limited number of countries. South Africa alone accounts for more than half of this market.