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LEAF Africa

Unlocking market potential across Africa.

Research, intelligence, stories, and convenings for the people building, funding, and shaping Africa's next economic chapter.

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Published Reports

Serious reports for people tracking Africa's economic direction

LEAF reports examine debt, markets, investment, value chains, and the structural questions shaping the continent's future.

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Top Stories

Latest thinking from LEAF.

US-Iran Peace Deal: Africa’s Economic Test

The U.S.-Iran peace framework matters for Africa not because it resolves the continent’s structural vulnerabilities, but because it temporarily repric

Africa’s $1.9 Trillion Debt Question

Africa’s public debt expanded from $510 billion in 2008 to $1.83 trillion in 2024 , a 253% increase in 16 years.

Africa’s Debt Paradox: Small Global Share, Higher Borrowing Costs

Global public debt reached a record $102 trillion in 2024 , equal to 93% of global GDP . Africa accounts for only about 1.9% of that debt, yet many Af

The ₦14 Trillion Question: Can Lagos Power a 12,000 MW Economy?

Every day, millions of Lagos residents and business owners make a quiet, expensive calculation: “how much fuel will the generator need today?” It is a

Africa’s Capital Market Divide: A Tale of Two Offerings

Africa’s financial markets are entering a defining phase. Large corporations are no longer just seeking capital; they are testing where African corpor

South Africa's R50 Billion AI Economy: Bypassing Physical Constraints for Digital Growth

South Africa's 50 Billion Rand AI Economy: Bypassing Physical Constraints for Digital Growth

US-Iran War Africa Impact: Second-Round Shock

The market no longer believes in a ceasefire headline on its own. Africa is no longer dealing only with the first-round panic from the US-Iran war. It

Africa’s Economic Outlook 2026: A Continent of Three Speeds in a Shifting Investment Landscape

Africa’s economy is often discussed as a single story. The story in 2026 tells a very different narrative.

LEAF on video

The research, in ninety seconds.

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  • Africa Grows 70% of the World's Cocoa Report Reel

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  • Africa Debt Story 1

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  • The New Investment Frontier: Africa's Stock Market

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  • Nigeria's Economy is Recovering. So Why Does it Still Feel Hard?

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  • Dangote Refinery: What Changes for Nigeria & Africa?

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  • The Solar Goldmine

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LEAF

Focus areas.

01

Economic Transformation

How African economies grow, industrialise, and shift toward higher productivity and globally competitive industries.

02

Opportunity & Prosperity

How Africans gain access to jobs, entrepreneurship, skills, and pathways to upward economic mobility.

03

Systems and Institutions

How leadership, governance, and institutional capacity shape economic progress and development outcomes.

04

Innovation & the Future

How technology, demographic shifts, and new ideas are redefining Africa's economic and social trajectory.

05

Africa in the World

How Africa engages with global trade, capital flows, geopolitics, and international partnerships.

Intra-African Trade
$209.3B

Intra-African trade is projected at $209.3 billion in 2026, showing stronger regional demand and a more important role for continental markets.

Global Export Share
2.5%

Africa's share of global merchandise exports is forecast at just 2.5% in 2026, showing how limited the continent's global trade weight still is.

Kenya Growth
4.9%

Kenya is forecast to grow by 4.9% in 2026, making it the strongest and steadiest performer among the report's focus economies.

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