By Semafor Africa
Photos: YouTube Screenshot
African currencies were among the world’s best performing in 2025, driven by soaring commodity prices and rising economic stability.

South Africa’s rand is on track for its biggest annual jump in 16 years, as policy reforms, combined with a weakening dollar, drew investors to Africa’s most industrialized economy.
Meanwhile, soaring metal prices — which saw gold, silver, and copper all hit record highs this year — have boosted the currencies of DR Congo, Ghana, Zambia, and other major African metal producers.
The commodities boom has in turn boosted sub-Saharan African growth prospects, as benefits spill over to the broader economy, while likely easing the fiscal strain on increasingly debt-burdened nations.