Economy News The World Economy’s Biggest Problem Is Africa
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Kenya now Africa’s sixth largest economy because of difficult decisions I made - Ruto
President William Ruto has reiterated that his grounded decisions on repaying Kenya's dire debts have enabled the nation to make a significant recovery and become one of Africa's top economic ... Read More
South Africa's economy slows in third quarter but investment a bright spot
By Kopano Gumbi PRETORIA, Dec 2 (Reuters) - South Africa's economic growth slowed in the third quarter of 2025 as expected, but analysts heralded a pickup in fixed investment for the first time in a ... Read More
Governance is Africa's biggest roadblock to prosperity, says RMB report
Untapped STAFF REPORTER Africa's role in the global economy is shifting rapidly, underpinned by a young population, rapid urbanisation, and accelerating digital adoption. As the continent scales ... Read More
Sub-Saharan Africa Maintains Resilient Growth but Faces Urgent Jobs Challenge
WASHINGTON, October 7, 2025 – Sub-Saharan Africa’s economy remains resilient, with growth projected to reach 3.8 percent in 2025, up from 3.5 percent in 2024. This acceleration reflects easing ... Read More
G20 summit in South Africa adopts declaration despite U.S. boycott and opposition
South Africa promoted it as a victory for the first G20 summit to be held in Africa and its aim to put problems, especially affecting poor countries, at the top of the agenda. Read More
Leaders arrive for a first African G20 summit overshadowed by a rift between the host and the US
While the U.S. will be absent, other G20 nations are signaling a willingness to work together, especially around new trade deals. Read More
Africa’s Leaders Call For a United Push to Create the Next ‘Climate Economy’
Delegates queue to enter the plenary hall for the opening of the High-Level Leaders Summit at the Second Africa Climate Summit (ACS2) in Addis Ababa, on September 8, 2025. (Photo by Luis TATO / AFP) ... Read More
AWS outage spotlights the world economy's fragile foundations
Amazon Web Services, the biggest cloud computing provider, went down Monday morning — crippling thousands of websites from some of the biggest companies on earth. Why it matters: For all its ... Read More
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