South Africa's economy contracted by 0.2% in the second quarter of 2026, according to IOL, as declines in the mining, manufacturing and trade sectors outweighed growth recorded in other industries. The figures indicate renewed weakness in key productive areas of the economy, with the slump in mining and manufacturing output proving the main drag on overall performance during the period, reversing gains made elsewhere across other sectors.

South Africa's economy is expected to end its longest growth run in a decade, according to Moneyweb, as second-quarter data fully captures the fallout from the conflict in the Middle East. The anticipated slowdown marks a setback for the country after an extended period of economic expansion, with analysts attributing the weakness partly to the regional conflict's broader economic impact.

South Africa's economy contracted by 0.2% in the three months through June, ending a streak of growth, according to Statistics South Africa. The decline follows revised growth of 0.4% in the prior quarter. Moneyweb reports the downturn as the impact of the war in Iran takes a toll on the country's economic performance.

Nigeria's economy is expanding at its fastest pace since the second quarter of 2021, according to TechCabal. However, the report notes that this growth is unevenly distributed across the economy, with the sectors driving the headline GDP figures not generating sufficient employment opportunities. The analysis suggests that despite positive overall economic indicators, the benefits of Nigeria's growth are not translating into enough jobs for its population.

Nigeria's economy grew by 4.43 per cent in the second quarter of 2026, according to the National Bureau of Statistics. The expansion, reported by Premium Times, was supported by improved performances in both the oil and non-oil sectors. However, industrial growth slowed compared with the same period a year earlier, indicating mixed momentum across sectors of Africa's most populous economy.

The Citizen Business reports on factors behind South Africa’s economic decline, highlighting weakness across key productive sectors. According to the publication, the mining and quarrying industry recorded the largest decrease, making it a major contributor to the downturn. The available excerpt does not provide figures, the period covered, or other industries affected, so the broader causes and scale of the decline cannot be determined from the supplied information alone.