Story perspectives

Only 10 African Nations Show Financial Progress Amid Challenges

1/28/2026

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Summary

Story summary

The Absa Africa Financial Markets Index 2025 finds only 10 of 29 African nations reliant on development assistance improved their scores, signaling limited progress amid tariff policies.
Despite the slow score, the report notes progress in product diversification, foreign exchange reforms, and climate initiatives.
Ahmed Attout (African Development Bank) emphasizes that stable local currencies mobilize domestic resources to benefit individuals and support investment needs for the private sector and governments.

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Story summary

The Absa Africa Financial Markets Index 2025 finds only 10 of 29 African nations reliant on development assistance improved their scores, signaling limited progress amid tariff policies.
Despite the slow score, the report notes progress in product diversification, foreign exchange reforms, and climate initiatives.
Ahmed Attout (African Development Bank) emphasizes that stable local currencies mobilize domestic resources to benefit individuals and support investment needs for the private sector and governments.