Africa Rates

Continent Deposit Rates

Africa Deposits by Country

Country Inflation GDP Population Interest Rate Change Currency Last Updated
Uganda 4.9% 1,305 36,600,000 12.00% - UGX Jun 2017
South Africa 5% 10,229 54,002,000 8.94% - ZAR Jun 2017
Ghana 8.8% 3,081 27,043,093 8.90% - GHS Jun 2017
Rwanda 5.9% 1,354 10,996,891 8.00% - RWF Feb 2017
Tanzania 7.8% 1,505 47,421,786 7.50% - TZS Jun 2017
Zimbabwe 8.3% 559 13,061,239 6.00% - USD Jun 2017
Angola 8.9% 6,247 24,383,301 4.00% - AOA Apr 2016
Botswana 7.8% 14,321 2,024,904 2.75% - BWP Jun 2017
Mauritius 6.7% 12,737 1,261,208 2.58% - MUR Jun 2017

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 am foreign partner I want to know the possibility of transferring of her money to my Account?

    Reply kedlamba from Ethiopia

Africa Discussion Activity

  • South Africa - Deposits - Capitec Bank
    Q: Which bank will give me the best interest 1. Fixed deposit 1 year? 2. Deposit which can be withdrawn at short notice?

    Heidi Ernani Drew from South Africa
  • South Africa - Deposits - Capitec Bank
    Q: I am a S.A. citizen and a pensioner and am presently living overseas. What interest rate would you offer me on an investment of R1 million with interest paid annually, and also if paid monthly. I am out of touch with current interest rates.

    Sue from United Kingdom
  • South Africa - Deposits - Nedbank - Nedbank 1 Year Fixed Deposit
    Q: Ok so, if your 12 month fixed deposit rate for under 55's is 8,83%, was it for over 55's thanks

    Jose from Boksburg, South Africa
  • South Africa - Deposits - FNB - FNB 6 Month Fixed Deposit
    Q: I just got a text saying my flexi fixed deposit matures on the 20th of this month. My question is what are my benefits and what does it mean that it will reinvest automatically?

    Tselane from South Africa
  • Ghana - Stanbic Bank Ghana
    Q: What is your question? Am a young man and I want to set up my own business, how can this noble bank help me achieve this goal and what account type will you recommend for me?

    Abotsi Nicholas from Accra, Ghana