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As of the second quarter of 2025, unemployment in Egypt stood at 6.1%, down from 6.3% in Q1. The labour force expanded to about 33.6 million workers, with 223,000 new entrants recorded, according to the Central Agency for Public Mobilization and Statistics (CAPMAS)
According to a new Africa Wealth report, five cities and regions across the continent have attracted 16,900 millionaires over the past decade, driven largely by lifestyle, education, and investment opportunities.
S&P Global has upgraded Kenya’s credit rating and assigned a stable outlook, citing resilient economic growth supported by easing external liquidity risks.
The negotiations, which could slash interest costs by nearly half, also seeks to extend repayment deadlines and ease pressure on public finances.
With presidential elections scheduled for October 2025, the International Monetary Fund further cautioned that political pressures could complicate fiscal consolidation.
More than 1,000 Kenya’s chief executive officers are entering the second half of 2025 with optimism, see growth but fear rising cost, tax obligation, and tariffs uncertainties.
According to PwC Nigeria, real household spending in the country is expected to recover in 2025, reaching $16.7 billion — the highest in three years — after two straight years of decline.
Analysts see South Africa’s GDP rising by 0.4% in the second quarter of 2025 after a weak start to the year, but the US trade tariffs, high unemployment, and fragile investor confidence weigh heavily on recovery prospects.
Although headline inflation has eased for four straight months, analysts warn that persistent food price pressures could slow the disinflation momentum.
Nigeria’s cost-of-living crisis eased further in July 2025, with headline inflation slipping to 21.88% from 22.22% in June, the lowest this year.
Nigeria’s headline inflation is projected to slow for the fourth consecutive month in July 2025, dipping to 21.79% from 22.22% in the previous month, according to Financial Derivatives Company (FDC).
Egypt is taking steps to position itself as a regional gold hub, with plans to establish an internationally certified gold refinery and introduce legislation to regulate gold investment funds.
South Africa’s labour market deteriorated further in the second quarter, with the official unemployment rate climbing by 0.3 percentage points to 33.2%, according to Statistics South Africa.
Egypt’s annual urban inflation slowed to 13.9% in July 2025 from 14.9% in June, offering a modest reprieve, amid contraction in non-oil private sector for the fifth consecutive time.
Nigeria led the region with a headline PMI of 54.0, reflecting strong expansion. South Africa followed with a moderate reading of 50.3, and Ghana maintained its level at 50.2—both indicating marginal growth. Egypt’s own increased to 49.5, while Kenya ranked lowest at 46.8.
Food inflation, which has been the most stubborn driver of overall price growth, eased to 15.1% in July from 16.3% in June — marking one of the most notable improvements in food price stability in recent years.
Zambia’s post-default recovery gained traction this year, buoyed by stronger copper output and a record corn harvest.
Despite the downturn, Kenyan firms were more optimistic about future output. Business confidence rose for a second month in a row, reaching a 15-month high in July.
Coming over a decade after the last update, the rebased data offers a more current, granular view of Nigeria’s economy and reveals a structural transformation that had long been masked by outdated data.
The Centre for Promotion of Private Enterprise projects Nigeria’s GDP to reach $450bn in 2025, nearly doubling the $252bn in 2024.