Jul 17, 2025

Lesotho Achieves Surplus but Faces Economic Headwinds, Says New Report

Lesotho’s economy recorded a modest growth of 2.4% in 2024, supported largely by major infrastructure investments, notably the Lesotho Highland Water Project Phase II (LHWP-II), which helped stimulate the services sector. This is according to the Country Focus Report 2025 published by the African Development Bank. The report highlights a positive turn in inflation, whichRead More