• Sun. May 31st, 2026

Zimbabwe, Nigeria, Malawi Lead Africa’s Highest Lending Rates

ByETimes

May 31, 2026

By Nairametrics

HARARE – ACROSS Africa, central banks continue to balance the competing pressures of bringing inflation under control while still supporting fragile economic growth.

As a result, monetary policy rates (MPRs) remain elevated across several economies, keeping borrowing costs high for households, businesses, and governments.

Here are the Top 10 African countries with the highest interest rate as of May 2026.

Visit www.nairametrics.com to read more

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