AfDB Sees Cedi, Naria Among African Currencies Slipping in 2025

AfDB Sees Cedi, Naria Among African Currencies Slipping in 2025

Almost half of the currencies in Africa will weaken against the dollar this year, according to the African Development Bank, citing geopolitical strains and domestic economic challenges.

AfDB’s stormy forecast: 21 African currencies set to weaken against U.S. dollar in 2025 – The North Africa Post

A new report from the African Development Bank (AfDB) warns that 21 out of 54 African currencies are projected to depreciate against the U.S. dollar in 2025, highlighting continued economic vulnerability across the continent. Major economies like Nigeria, Egypt, Ethiopia, and Ghana are expected to see currency losses of 6% or more, driven by declining […]

AfDB Projects Naira, Cedi Fall Due to Low Export Earnings - Economic Confidential

AfDB Projects Naira, Cedi Fall Due to Low Export Earnings African Development Bank (AfDB) has revealed that Nigeria’s naira and the Ghanaian cedi are among the African currencies that are expected to witness a decline this year driven by a potential fall in export earnings. The Abidjan-based lender made this known in its 2025 economic […] The post AfDB Projects Naira, Cedi Fall Due to Low Export Earnings appeared first on Economic Confidential.

AfDB Flags Nigeria’s Slower Growth Path Amid Global Headwinds

Nigeria’s economy is set to expand at a slower pace in the medium term, as external shocks, subdued global demand, and structural vulnerabilities take their toll. According to the African Development Bank’s (AfDB) 2025 African Economic Outlook, Nigeria’s real GDP growth is now projected at 3.2% in 2025 and 3.1% in 2026—a downward revision from …