Economy Which three countries in Africa have the lowest debt? Source IMF World Economic Outlook (Apr 2025) – General government gross debt (% of GDP) Short answer Which three countries in Africa have the lowest debt? According to International Monetary Fund estimates of gross government debt (% of GDP), the least indebted are Libya, Botswana and Equatorial Guinea, all at under 25%.... Back Full answer
Economy What region receives the largest share of African Export Import Bank (Afreximbank) loans? Source African Export-Import Bank Group Audited Financial Results - Presentation Short answer What region receives the largest share of African Export Import Bank (Afreximbank) loans? West Africa receives the largest share, at about 37.3%.... Back Full answer
Economy What is Africa’s total global debt? Source Afreximbank, African Debt Outlook – A Ray of Optimism (Feb 2025) Short answer What is Africa’s total global debt? In 2023, Africa’s external public debt was estimated at roughly US$1.16 trillion.... Back Full answer
Economy #YouAsked Is Ghana the country with the highest number of mobile money users in Africa? Source Safaricom press release (5 Dec 2024) Short answer Is Ghana the country with the highest number of mobile money users in Africa? No. Kenya has more users. As of November 2024, M-Pesa had 34 million customers in Kenya, compared with about 24 million active mobile money users in Ghana in 2024.... Back Full answer
#YouAsked Economy Which is Africa’s fastest-growing economy? Source African Development Bank – Senegal economic outlook Short answer Which is Africa’s fastest-growing economy? Senegal is projected to be one of Africa's fastest-growing economies in 2025, with growth of about 10%, driven by new oil and gas production.... Back Full answer
Economy Which are the three countries in Africa that are the most indebted? Source IMF profile – Africa Short answer Which are the three countries in Africa that are the most indebted? By gross government debt (% of GDP), the highest levels are in Eritrea (roughly 260%), Sudan (roughly 252%) and Cabo Verde (roughly 110%).... Back Full answer
#YouAsked Economy What countries have the largest economies in Africa? Source IMF World Economic Outlook (Apr 2025) – GDP, current prices Short answer What countries have the largest economies in Africa? By nominal GDP, Africa's three largest economies are South Africa, Egypt and Algeria.... Back Full answer
Economy What is the unemployment rate in Ghana? Source Ghana Statistical Service — Productivity, Employment & Growth Report (28 Feb 2025) Short answer What is the unemployment rate in Ghana? Ghana’s unemployment rate was 14.7%, based on the average across the first three quarters of 2023 from the latest national survey.... Back Full answer
Economy What is Ghana’s annual GDP growth rate? Source IMF Datamapper: Ghana Short answer What is Ghana’s annual GDP growth rate? Ghana's real GDP grew by 5.7% in 2024.... Back Full answer