AfDB Sees Cedi 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.

The Abidjan-based development institution predicts 21 African countries’ currencies will depreciate against the dollar, with 25 possibly appreciating, out of 54 nations, according to the bank’s Africa Economic Outlook.