Country Intelligence — African Economy Profiles

Africa Indicator Explorer

Individuals using the internet (% of population). Hover a country for its latest reading. Live from the World Bank Open Data API.

Live · api.worldbank.org/v2

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Africa

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Hover a country to see its latest reading. Click to pin.

World Bank series IT.NET.USER.ZS. Choropleth uses quantile bins across African economies with available data.

South Africa

Southern Africa · Pretoria

Africa's most sophisticated financial market and fintech hub

GDP

$405B

1.6%

Banking Assets

~R9.2T (FY2025)

Fintech Market

$2.4B (2025e)

Credit Rating

BB- / Ba2 / BB- (S&P / Moody's / Fitch, Q1 2026)

TymeBankYocoStitchPeach Payments+4 more

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Kenya

East Africa · Nairobi

East Africa's innovation capital and mobile money pioneer

GDP

$115B

5.2%

Banking Assets

KES 7.8T

Fintech Market

$1.8B (2025e)

Credit Rating

B- / Caa1 / B (Fitch / Moody's / S&P, Q1 2026 — Fitch downgraded Aug 2024)

Safaricom (M-Pesa)M-KOPABranchTala+3 more

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Nigeria

West Africa · Abuja

Africa's largest economy and most dynamic fintech market

GDP

$472B

3.3%

Banking Assets

NGN 120T+

Fintech Market

$3.8B (2025e)

Credit Rating

B3 / B- / B (Moody's / S&P / Fitch, Positive — Moody's upgraded Caa1→B3 Dec 2024)

FlutterwaveOPayMoniepointPaystack+4 more

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Egypt

North Africa · Cairo

North Africa's economic powerhouse and emerging fintech frontier

GDP

$398B

4.2%

Banking Assets

EGP 14T+

Fintech Market

$1.2B (2025e)

Credit Rating

B / Caa1 / B- (Fitch / Moody's / S&P — Fitch upgraded to B Nov 2024, Moody's positive outlook)

FawryvalUMNT-HalanPaymob+3 more

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Ghana

West Africa · Accra

West Africa's second fintech hub with mobile money dominance

GDP

$76B

4.7%

Banking Assets

GHS 250B+

Fintech Market

$620M (2025e)

Credit Rating

Caa2 (Moody's, Apr 2024 stable) / CCC+ (S&P, Oct 2024 stable) / CCC+ (Fitch, Sep 2024 stable, post-restructuring upgrade from RD)

MTN MoMoZeepayFidoExpressPay+2 more

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Rwanda

East Africa · Kigali

Africa's model for digital government and innovation-led growth

GDP

$14.1B

7.2%

Banking Assets

RWF 5.8T

Fintech Market

$180M (2025e)

Credit Rating

B+ (Fitch)

MTN MoMo RwandaBK TecHouse (Bank of Kigali)IremboAC Group+1 more

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Morocco

North Africa · Rabat

North Africa's gateway to Europe and francophone Africa

GDP

$150B

3.8%

Banking Assets

MAD 1.8T

Fintech Market

$420M (2025e)

Credit Rating

BB+ (S&P)

CIH Bank (M-Wallet)Inwi MoneyHPS (payment tech)PayTic+1 more

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Tanzania

East Africa · Dodoma

East Africa's fastest-growing mobile money market and resource economy

GDP

$79B

5.4%

Banking Assets

TZS 45T

Fintech Market

$350M (2025e)

Credit Rating

B1 (Moody's)

Vodacom M-PesaAirtel MoneyMixxPay (Tigo)NALA+1 more

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Ethiopia

East Africa · Addis Ababa

Africa's second-most populous nation opening its telecom and banking sectors to foreign investment

GDP

$164B

6.2%

Banking Assets

ETB 2.8T

Fintech Market

$180M (2025e)

Credit Rating

CCC+ (S&P)

TelebirrSafaricom EthiopiaCBE BirrAmole+1 more

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Uganda

East Africa · Kampala

East Africa's mobile money pioneer with a maturing fintech ecosystem and oil wealth on the horizon

GDP

$50B

5.8%

Banking Assets

UGX 55T

Fintech Market

$280M (2025e)

Credit Rating

B+ (Fitch)

MTN MoMoAirtel MoneyYo UgandaChipper Cash+1 more

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Zambia

Southern Africa · Lusaka

Copper giant restructuring its economy with fintech-enabled financial inclusion

GDP

$29B

4.3%

Banking Assets

ZMW 180B

Fintech Market

$85M (2025e)

Credit Rating

Caa1 (Positive)

Airtel MoneyMTN MoMoZoonaSparkFin+1 more

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Senegal

West Africa · Dakar

West Africa's francophone fintech hub with surging oil and gas revenues transforming the economy

GDP

$32B

8.3%

Banking Assets

XOF 8T

Fintech Market

$150M (2025e)

Credit Rating

B3 (Moody's, Oct 2024 negative — downgraded from Ba3) / B (S&P, Aug 2024 stable — downgraded from B+) / B+ (Fitch, 2024 — under review). Composite reflects fiscal deterioration under transition government; verify against latest agency releases before publication.

Orange MoneyWaveFree MoneyPayDunya+1 more

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Côte d'Ivoire

West Africa · Abidjan

West Africa's largest francophone economy with Abidjan as the region's commercial capital

GDP

$78B

6.5%

Banking Assets

XOF 14T

Fintech Market

$300M (2025e)

Credit Rating

BB- (Fitch)

Orange MoneyMTN MoMoWaveJulaya+1 more

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Cameroon

Central Africa · Yaoundé

Central Africa's largest economy bridging francophone and anglophone digital finance markets

GDP

$47B

4.2%

Banking Assets

XAF 7T

Fintech Market

$120M (2025e)

Credit Rating

B- (Fitch)

MTN MoMoOrange MoneyExpress UnionMaviance+1 more

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DR Congo

Central Africa · Kinshasa

Africa's mineral superpower with 105M people and only 26% financial inclusion — the continent's largest untapped market

GDP

$65B

6.8%

Banking Assets

CDF 15T

Fintech Market

$100M (2025e)

Credit Rating

CCC+ (S&P)

Vodacom M-PesaAirtel MoneymaxITillicocash+1 more

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Angola

Southern Africa · Luanda

Africa's third-largest Lusophone economy diversifying beyond oil into digital finance

GDP

$118B

3.1%

Banking Assets

AOA 22.4T (~$24–26B at BNA reference rate, FY2025; FX-sensitive given kwanza devaluation 2023–2025)

Fintech Market

$280M (2025e)

Credit Rating

B- (Fitch) / Caa1 (Moody's)

Multicaixa ExpressUnitel MoneyAfricell MoneyPayPay Angola+3 more

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Algeria

North Africa · Algiers

Africa's 4th-largest economy — a cash-dominated giant on the cusp of digital reform

GDP

$268B

3.6%

Banking Assets

DZD 24.8T (~$184B)

Fintech Market

$160M (2025e)

Credit Rating

BB- (Fitch, unsolicited) / unrated by S&P/Moody's

BaridiMobYassirTemtem OneChiFAA+3 more

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Tunisia

North Africa · Tunis

Maghreb's most advanced fintech ecosystem — high human capital, strained sovereign

GDP

$54B

1.9%

Banking Assets

TND 178B (~$57B)

Fintech Market

$310M (2025e)

Credit Rating

CCC+ (Fitch) / Caa2 (Moody's)

PaymeeKonnect NetworksFlouciD17 (La Poste)+3 more

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Mauritius

Southern Africa · Port Louis

Africa's only investment-grade IFC — the offshore gateway routing global capital into the continent

GDP

$16.8B

5.1%

Banking Assets

MUR 2.34T (~$50B)

Fintech Market

$240M domestic fintech market (2025e). Note: $748B IFC assets-under-administration (global business AUM) is a separate jurisdictional figure — not comparable to fintech revenue pools in other markets.

Credit Rating

Baa3 (Moody's, stable)

MCB Juicemy.t money (Emtel)juice (MCB)Bolttech+2 more

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