The South Africa report highlighted the need to scale up development financing while addressing long-standing structural constraints.

South Africa must accelerate domestic resource mobilisation and deepen structural reforms to strengthen economic growth and reduce its dependence on external financing in an increasingly fragmented global economy.

This is an assessment of the African Development Bank (AfDB), which came on Tuesday during the launch of the bank's 2026 Regional Economic Outlook Reports and Country Focus Reports.

The South Africa report highlighted the need to scale up development financing while addressing long-standing structural constraints.

Speaking at the launch, Dr Kennedy Mbekeani, the AfDB's director general for the Southern Africa Region, said geopolitical tensions, shifting trade patterns and declining development assistance were forcing African economies to become more financially self-reliant.