For some African countries, the unpleasant reality of currency devaluation remains a challenge even as the year passes its mid-point. Business Insider Africa presents the top 10 African countries with the weakest currencies in June 2025. This list is courtesy of the Forbes currency calculator. São Tomé & Príncipe ranks number 1 on the list.…
For several African countries, oil production still stands as a key revenue source and a significant buttress to their Gross Domestic Product, making it a sturdy resource. However, the production of this resource typically fluctuates month-on-month, and for May, this trend has been no different. Oil production remains a key revenue source for several African…
Africa continues to grapple with some of the world’s most severe electricity access challenges, with Nigeria and the Democratic Republic of Congo topping the global rankings for the largest populations without power. African nations continue to face significant electricity access shortages, particularly Nigeria and the DRC An energy report states that Sub-Saharan Africa remains the…
A recent survey by Maverick Research has revealed a growing divide among Ghanaian consumers regarding price expectations, despite the notable appreciation of the Ghana cedi in 2025. The recent appreciation of the Ghana cedi has sparked debates among Ghanaians about its impact on goods pricing. A survey revealed that 73% of participants expect reductions in…
Ethiopia has formally opened its banking sector to international investors for the first time, marking the most major change to its financial system in decades. Ethiopia opened its banking sector to international investors, marking a historic change in its financial policy. The National Bank of Ethiopia established Directive SBB/94/2025 to regulate foreign participation in the…
Ghana accounted for nearly 6% of total intra-African trade in 2024, reinforcing its status as one of the continent’s leading trading economies. Ghana achieved nearly 6% of total intra-African trade in 2024, highlighting its trading economy’s prominence. Ghana’s exports to African nations increased to $4.8 billion in 2024, reflecting a 17% year-on-year growth in its…
Sudan ranks as the least peaceful country in Africa and the third least peaceful globally. In Sub-Saharan Africa, the average peacefulness also declined by 0.17% over the past year. Business Insider Africa presents the 10 least peaceful African countries in 2025, according to latest ranking. The list is courtesy of Global Peace Index. Sudan ranks…
One major metric used to evaluate the strength of a country’s economy is the size of the gross domestic product (GDP), which is defined as the combined value of all goods and services produced within a country in a year. Business Insider Africa presents the top 10 largest economies in the world and their major…
Economic sanctions are used by governments and multinationals to influence state and non-state actors, deterring decisions that threaten global interests or violate international norms Business Insider Africa presents the top 10 African nations with the most international sanctions. The list is courtesy data from the Council of Foreign Relations Most targeted sanctions on African nations…
