The World Bank has declared the Ghana cedi Africa’s top-performing currency in its latest Africa Pulse Report.
The report disclosed that the cedi has gained over 20 percent in value since the start of the year, the strongest performance among African currencies.
According to the report, this can be attributed to disciplined fiscal management, prudent monetary policy, rising export receipts, and renewed investor confidence following Ghana’s successful debt restructuring.
The Zambian kwacha took the second spot, appreciating by 16 percent, buoyed by ongoing debt resolution efforts, lower oil import costs, and an improved supply of U.S. dollars. Currencies in Kenya, Tanzania, and Uganda also posted moderate gains, supported by stronger export growth and recovering capital inflows.
The World Bank attributes the broader strengthening of African currencies in 2025 to a weaker U.S. dollar, higher commodity prices, and easier global financial conditions, all of which have helped ease inflationary pressures and stabilize markets across the continent.
By: Rainbowradioonline.com/Ghana
