Davivienda's Purchasing Managers' Index (PMI) for Colombia's industrial sector ended in growth territory in December 2025, despite a slight drop from November. The bank highlights a favorable environment throughout the year, with improved operational conditions due to new business inflows. Firms expect expansion in 2026 driven by marketing and technology investments.

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Nigeria’s private sector concluded 2025 on a positive note, with the Stanbic IBTC Bank Nigeria PMI recording 53.5 in December, indicating continued expansion driven by robust customer demand. Business confidence reached a six-month high amid plans for investments and expansions. Despite rising inflationary pressures, the economy showed resilience across sectors.

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