Markets
Africa market intelligence, one page per market.
Fifty-four markets. For each one, every read Kilwa has published and ten official statistics, dated and linked to the source. Click a country, or search below.
- High conviction (13)
- Attractive structure, poor timing (14)
- Improving but early (14)
- Weak structure, weak timing (13)
Colour: Atlas No. 5 quadrant, gauges as of 4 September 2026.
54
African markets, one page each
11
published reports that score or screen every market
13
markets in the Atlas No. 5 high-conviction quadrant, 4 September 2026
6
markets Advantaged on the Minerals Signal screen, 14 September 2026
Find your market
Fifty-four markets, sorted your way.
Structure and timing from Kilwa Atlas No. 5 against 54-market medians of 48.5 and 55.2, the Minerals Signal tier, the Energy Signal quadrant where the market is one of the sixteen scored, and the World Bank’s latest population and GDP.
Region
Showing 54 of 54 markets
- AlgeriaHigh conviction 58.5 · 67.2Minerals Forming · Energy Attractive structure, poor timing47.4 million · US$ 287.0 billion · 6 reports
- AngolaImproving but early 46.8 · 90.7Minerals Forming · Energy High conviction39.0 million · US$ 122.2 billion · 8 reports
- BeninHigh conviction 56.1 · 55.2Minerals Screened14.8 million · US$ 24.6 billion · 5 reports
- BotswanaAttractive structure, poor timing 61.5 · 55.1Minerals Forming2.6 million · US$ 19.9 billion · 7 reports
- Burkina FasoHigh conviction 49.6 · 57.4Minerals Watch24.1 million · US$ 27.6 billion · 4 reports
- BurundiWeak structure, weak timing 18.9 · 50.7Minerals Watch14.4 million · US$ 3.4 billion · 4 reports
- Cabo VerdeHigh conviction 60.9 · 55.7Minerals Screened527,326 · US$ 3.1 billion · 2 reports
- CameroonWeak structure, weak timing 45.9 · 43.9Minerals Watch29.9 million · US$ 58.9 billion · 6 reports
- Central African RepublicWeak structure, weak timing 20.4 · 43.1Minerals Screened5.5 million · US$ 3.1 billion · 6 reports
- ChadImproving but early 40.5 · 77.5Minerals Screened21.0 million · US$ 21.5 billion · 3 reports
- ComorosWeak structure, weak timing 42.6 · 52.4Minerals Screened882,847 · US$ 1.8 billion · 3 reports
- Côte d'IvoireAttractive structure, poor timing 64.3 · 51.8Minerals Forming · Energy Improving but early32.7 million · US$ 99.8 billion · 10 reports
- DjiboutiHigh conviction 52.0 · 59.1Minerals Screened1.2 million · US$ 4.6 billion · 3 reports
- DR CongoImproving but early 46.0 · 67.6Minerals Advantaged · Energy Improving but early112.8 million · US$ 91.0 billion · 8 reports
- EgyptHigh conviction 70.0 · 61.6Minerals Forming · Energy High conviction118.4 million · US$ 365.3 billion · 11 reports
- Equatorial GuineaImproving but early 45.7 · 64.6Minerals Screened1.9 million · US$ 12.8 billion · 4 reports
- EritreaWeak structure, weak timing 34.8 · 52.8Minerals Watch3.6 million · US$ 2.1 billion · 8 reports
- EswatiniImproving but early 45.3 · 57.2Minerals Screened1.3 million · US$ 5.2 billion · 2 reports
- EthiopiaImproving but early 46.4 · 80.8Minerals Watch · Energy Improving but early135.5 million · US$ 126.4 billion · 11 reports
- GabonAttractive structure, poor timing 51.7 · 45.9Minerals Advantaged2.6 million · US$ 21.4 billion · 3 reports
- GhanaHigh conviction 54.5 · 65.6Minerals Forming · Energy Weak structure, weak timing35.1 million · US$ 114.2 billion · 12 reports
- GuineaWeak structure, weak timing 48.2 · 52.2Minerals Advantaged15.1 million · US$ 28.3 billion · 4 reports
- Guinea-BissauWeak structure, weak timing 39.6 · 47.9Minerals Screened2.2 million · US$ 2.5 billion · 2 reports
- KenyaAttractive structure, poor timing 62.0 · 44.5Minerals Forming · Energy Weak structure, weak timing57.5 million · US$ 135.9 billion · 12 reports
- LesothoImproving but early 40.4 · 60.4Minerals Screened2.4 million · US$ 2.6 billion · 3 reports
- LiberiaImproving but early 35.3 · 65.1Minerals Watch5.7 million · US$ 5.2 billion · 3 reports
- LibyaWeak structure, weak timing 46.1 · 51.7Minerals Screened7.5 million · US$ 48.1 billion · 7 reports
- MadagascarWeak structure, weak timing 38.4 · 44.3Minerals Forming32.7 million · US$ 19.6 billion · 3 reports
- MalawiWeak structure, weak timing 18.6 · 46.2Minerals Watch22.2 million · US$ 14.9 billion · 6 reports
- MaliAttractive structure, poor timing 49.5 · 54.4Minerals Forming25.2 million · US$ 30.1 billion · 4 reports
- MauritaniaAttractive structure, poor timing 49.5 · 48.2Minerals Forming5.3 million · US$ 11.7 billion · 2 reports
- MauritiusAttractive structure, poor timing 66.5 · 47.9Minerals Screened1.2 million · US$ 16.2 billion · 6 reports
- MoroccoHigh conviction 71.9 · 66.2Minerals Advantaged · Energy High conviction38.4 million · US$ 182.4 billion · 10 reports
- MozambiqueWeak structure, weak timing 37.4 · 28.4Minerals Forming35.6 million · US$ 22.3 billion · 7 reports
- NamibiaAttractive structure, poor timing 59.9 · 43.9Minerals Forming3.1 million · US$ 15.1 billion · 6 reports
- NigerHigh conviction 49.8 · 68.0Minerals Watch27.9 million · US$ 21.6 billion · 3 reports
- NigeriaHigh conviction 53.1 · 83.1Minerals Watch · Energy Weak structure, weak timing237.5 million · US$ 290.8 billion · 11 reports
- Republic of the CongoImproving but early 38.8 · 60.6Minerals Screened6.5 million · US$ 16.3 billion · 3 reports
- RwandaAttractive structure, poor timing 51.9 · 46.8Minerals Forming · Energy Weak structure, weak timing14.6 million · US$ 16.4 billion · 7 reports
- São Tomé and PríncipeWeak structure, weak timing 37.4 · 53.5Minerals Screened240,254 · US$ 981 million · 3 reports
- SenegalAttractive structure, poor timing 61.9 · 17.1Minerals Forming · Energy Attractive structure, poor timing18.9 million · US$ 37.0 billion · 10 reports
- SeychellesAttractive structure, poor timing 52.8 · 34.1Minerals Screened122,730 · US$ 2.4 billion · 2 reports
- Sierra LeoneImproving but early 32.0 · 70.1Minerals Forming8.8 million · US$ 7.5 billion · 2 reports
- SomaliaWeak structure, weak timing 35.6 · 34.5Minerals Screened19.7 million · US$ 13.0 billion · 6 reports
- South AfricaHigh conviction 77.1 · 59.9Minerals Advantaged · Energy High conviction64.7 million · US$ 427.2 billion · 9 reports
- South SudanImproving but early 11.7 · 72.9Minerals Screened12.2 million · US$ 12.0 billion · 7 reports
- SudanImproving but early 21.0 · 61.9Minerals Watch51.7 million · US$ 60.2 billion · 8 reports
- TanzaniaAttractive structure, poor timing 51.5 · 40.7Minerals Forming · Energy Improving but early70.5 million · US$ 90.1 billion · 11 reports
- The GambiaImproving but early 42.5 · 59.6Minerals Screened2.8 million · US$ 2.6 billion · 3 reports
- TogoAttractive structure, poor timing 49.3 · 49.4Minerals Screened8.6 million · US$ 11.9 billion · 2 reports
- TunisiaAttractive structure, poor timing 50.8 · 47.3Minerals Watch12.3 million · US$ 57.5 billion · 7 reports
- UgandaHigh conviction 54.4 · 62.9Minerals Watch · Energy Attractive structure, poor timing51.4 million · US$ 62.0 billion · 9 reports
- ZambiaHigh conviction 48.7 · 69.4Minerals Advantaged · Energy Attractive structure, poor timing21.9 million · US$ 28.9 billion · 11 reports
- ZimbabweImproving but early 35.4 · 72.5Minerals Forming17.0 million · US$ 51.2 billion · 8 reports
Population and GDP are the World Bank’s most recent observations in the World Development Indicators as at 16 September 2026, shown with their year; each market page carries a ten-row fact sheet from the World Bank and the IMF. Regional grouping follows the Minerals Signal (EAC/SADC-aligned: Central 8, East 14, North 7, Southern 10, West 15), a stated methodological choice, since AU regional lists differ by source. Western Sahara is unscored in every report and has no page. The Minerals Signal tiers are Advantaged, Forming, Watch, Screened: a structural characterisation from settled geological and industrial facts, not a score. Reads are structured rankings, not validated predictive models, and none is ISI or METI. Research is analysis, not investment, legal or tax advice.
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