Africa's money markets are quietly getting stronger, country by country

Twenty-one of the 29 countries in the 2026 Africa Financial Markets Index improved their scores this year, as easing inflation, healthier reserves and regulatory reforms made it easier for businesses to raise money at home. South Africa held the top spot, Cape Verde climbed six places, and Ghana rose to sixth as its economy steadies. Stronger local markets mean African savings can fund African roads, clinics and companies.