Africa's Most Expensive Countries for Borrowing Money in December 2025

In December 2025, African countries are facing high borrowing costs as central banks aim to curb inflation without hindering economic growth. Zimbabwe stands out with a 35% benchmark rate, while Gambia's rate is comparatively lower at 16%.

The region's monetary policy rates remain elevated, highlighting the continent's uneven path towards price stability and affordable credit. Despite some easing policies, financial conditions remain tight, signaling the fragile nature of Africa's economic landscape.