Africa Business Confidence

Insights
  • South Africa's business confidence declined by 2.5% to 39 points in Q3 2025 from 40 points in Q2 2025.
  • Angola's business confidence increased by 20% to 6 points in Q1 2025 from 5 points in Q4 2024.
  • Uganda's business confidence rose to 59.2 points in September 2025, reaching a three-month high.

Data is available for the period 2015 to 2025 across 5 countries in Africa.

Country Current Value Previous Value Prior Year Frequency Period
39 points 40 points 38 points Quarterly Q3 2025
6 points 5 points 11 points Quarterly Q1 2025
59.2 points 57.8 points 54.74 points Monthly Sep'25
97 points 99.8 points 98.7 points Quarterly Q4 2024
20 points 17 points 12 points Quarterly Q2 2025
Africa Business Confidence : Definition
Business Confidence measures how optimistic or pessimistic business leaders and managers are about the future of their company, industry, and the overall economy.