March 2026 Money Updates Across The African Continent

These updates cover the major monetary jurisdictions, i.e., South Africa, Egypt, and Nigeria. It extends to cover the West African Economic and Monetary Union bloc and concludes with Uganda. The analysis of the monetary situation in Africa presents a dynamic picture, with some regions facing deflation risks (UEMOA), Nigeria and Egypt facing high inflation, and South Africa’s inflation picking up, while Uganda’s inflation remains stable. The monetary aggregates remain generally supportive in the respective countries.