Africa Rates

Continent Deposit Rates

Africa Deposits by Country

CountryInflationGDPPopulationInterest RateChangeCurrencyLast Updated
Uganda4.9%1,30536,600,00013.00% - UGXDec 2016
South Africa5%10,22954,002,0008.94% - ZARDec 2016
Ghana8.8%3,08127,043,0938.90% - GHSDec 2016
Rwanda5.9%1,35410,996,8918.00% - RWFDec 2016
Tanzania7.8%1,50547,421,7867.50% - TZSDec 2016
Zimbabwe8.3%55913,061,2396.00% - USDDec 2016
Angola8.9%6,247 24,383,3014.00% - AOAApr 2016
Botswana7.8%14,3212,024,9042.75% - BWPDec 2016
Mauritius6.7%12,7371,261,2082.58% - MURDec 2016

Africa Overview

With the population at over 1 billion (Est 2012) combined of 54 countries, the African continent has some of the lowest GDP PPP per capita (2011) countries in the world. However in 2011 economic growth minus South Africa according to a World Bank report(2012) was 5.9%. Specifically Egypt and Nigeria were categorized as one of the 'Next 11', a Goldman Sachs report which emphasis that along with the BRICs, these 11 countries could become some of the world's largest economies in the 21st century.

Africa Bank Photos

Discussion

  • Q: I amforeign partner I want to know the possibility of transferring of her moneyto myAccount?

    Replykedlamba from Ethiopia

Africa Discussion Activity

  • South Africa - HSBC Africa
    Q: I wound like to know if someone from a foreign country send u money throw HSBC bank before they transfer it in ur bank account they charger u a Stan amount or its free or the detect it from that money pls I need help

    tshegofatso from South Africa
  • South Africa - Deposits - Standard Bank ZA - Standard Bank 1 Month Fixed Deposit
    Q: I live in Australia. Can I open a fixed deposit in South African banks?

    Frank from Edgewater, Australia
  • Nigeria - United Bank For Africa
    Q: Goodmorning UBA. Please I would like to know if the Bank is currently dealing on treasury bills and at what rate does the bank deal on?

    Ozo Nduka Agbadu from Suleja, Nigeria
  • South Africa - Savings - FNB - FNB Money Market Account
    Q: I have a R20 000.00 available which I would like to invest in the Money Market.If I leave the money in the Money Market for 20 years without any withdrawals or additional deposits from me , what will the lump sum be at the end of 20 years?

    Terence Keyster from Johannesburg, South Africa
  • Ghana - Deposits
    Q: Which of the banks in tamale offers the highest interest rate.

    Joseph from Ghana