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In April, just as war in the Middle East erupted, the World Bank projected 4.1% growth for sub-Saharan Africa in 2026—a figure now, following the Africa Economic Update report on Tuesday, has been upgraded to 4.3%. A day later, Moody’s sovereign credit rating for sub-Saharan Africa was raised to positive on the back…
AM Best finds robust underwriting results but a widening gap between capital growth and retention
Moody's has turned positive on sub-Saharan Africa, forecasting 4.3% growth in 2026 and 2027 as reforms and commodity prices support fiscal positions. Yet high debt-service burdens, climate risks and security threats remain, with only Botswana and Mauritius investment grade.