Contents
- Executive summary
- Angola
- Cameroon
- Democratic Republic of Congo (DRC)
- Quarterly & annual data tables
Executive summary
Central African countries showed relatively mixed economic performances in November. Commodity-linked growth remains dominant, keeping the countries vulnerable to external shocks. Angola’s GDP growth, though positive, slowed in H1 2025 due to declining oil production, while the DRC’s macro stability was driven by activities in the extractives sector, particularly cobalt and copper production. However, inflationary pressures are moderating significantly, prompting a less aggressive monetary stance easing across the markets. Angola’s inflation eased to a two-year low of 17.4% in October, allowing the central bank to cut its key interest rate to 18.5% in November. The DRC’s inflation sharply reduced from 23.3% in January 2024 to 2.26% in November 2025, strengthening the franc and enabling the central bank to cut its policy rate to 17.5% for the first time since August 2023.
Political and security risks varied
