Zimbabwe’s foreign currency earnings have exceeded $16 billion, marking a major milestone under the country’s National Development Strategy One (NDS1) and reflecting more than 50 percent growth since 2021, according to official economic updates.
The increase has been attributed to stronger export performance, diaspora remittances, and commodity sales, particularly in mining and agriculture, which remain key drivers of Zimbabwe’s external revenues.
Government officials say the earnings growth aligns with NDS1 targets aimed at stabilizing foreign exchange availability, supporting industrial activity, and reducing pressure on the domestic currency.
Angola Returns to Investment Growth
In a parallel development, Angola recorded approximately $3 billion in investment inflows, signaling a return to positive growth after nearly nine years of sustained divestment.
The recovery follows a series of fiscal, regulatory, and currency reforms designed to improve the investment climate in Africa’s second-largest oil producer. Authorities in Luanda have highlighted renewed interest in energy, logistics, agriculture, and infrastructure, alongside efforts to diversify the economy beyond oil dependence.
Shifting Economic Signals
While the two countries face different structural challenges, analysts note that the figures point to shifting investment and earnings trends in Southern and Lusophone Africa, as governments seek to restore confidence after years of macroeconomic instability and external shocks.
For Zimbabwe, sustaining foreign currency inflows remains critical to managing import needs and stabilizing prices. For Angola, maintaining investor confidence will depend on policy consistency and continued reform implementation.
Regional Context
The developments come amid broader efforts across Africa to strengthen economic resilience, attract capital, and reduce exposure to volatile global markets. Economists caution that while the figures are encouraging, long-term gains will depend on governance, transparency, and inclusive growth.