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Ethiopia’s banking reforms at risk as state-control nears 50%

A general view of the cityscape of Addis Ababa, Ethiopia,

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Oil shock forces SARB to hold rates at 6.75%, pushing easing outlook further out

The South African Reserve Bank (SARB) has maintained its repo rate at 6.75% amid rising inflation risks due to soaring global oil prices linked to the ongoing conflict in Iran.

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Standard Bank sets 8-12% EPS growth target Africa risks test outlook

Standard Bank Group, Africa’s largest lender, forecasts an 8-12% compound annual growth in headline earnings per share from 2026 to 2028, alongside revenue growth of 7-10%.

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A $1.75bn debt buyback, oil rally set Angola apart from African peers

Angola is moving to strengthen its debt profile and capitalise on soaring oil prices, launching a $1.75 billion debt buyback alongside plans for new dollar-denominated bond sales

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Hormuz blockade drives urea prices up 30%, threatening food inflation in Africa

Iran’s closure of the Strait of Hormuz has drastically impacted global fertiliser trade, cutting off one-third of supplies and causing urea prices to surge over 30%. This disruption threatens food security, especially in sub-Saharan Africa…

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Bujeti launches tax management tool to drive compliance for Nigerian businesses

Y Combinator-backed fintech Bujeti has launched a tax management product…

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Cardtonic

Cardtonic Introduces Platinum Card to Unlock Global Contactless Payments for Everyday Users

Planning to make contactless payments? Cardtonic Introduces Platinum Card to…

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Credit Direct by FCMB

Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

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Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

Credit Direct Yield

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Bujeti

Bujeti launches tax management tool to drive compliance for Nigerian businesses

Y Combinator-backed fintech Bujeti has launched a tax management product…

Bujeti launches Tax Management product || Image source:
BY
Cardtonic

Cardtonic Introduces Platinum Card to Unlock Global Contactless Payments for Everyday Users

Planning to make contactless payments? Cardtonic Introduces Platinum Card to…

Cardtonic card
BY
Credit Direct by FCMB

Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

Credit Direct (1)
BY
Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

Credit Direct Yield

You can post on Techpoint Africa too!

Post here

Other highlights


SA’s Thungela posts $0.38 loss per share as revenue drops 17% on weaker coal prices

Thungela Resources Limited reported a headline loss per share of $0.38 for 2025, down from earnings of $1.50 in 2024, amid a 17% revenue decline to $1.73 billion. The sharp drop in export prices and significant impairments of $514 million highlight challenges.

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Tough business rules stifling South African jobs, growth — IMF

The IMF report comes after Africa’s industrialised nation recorded its fifth consecutive quarter of expansion, with gross domestic product rising 0.4% in Q4 2025 pushing annual growth to 1.1% — the highest since 2022.

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Why Nigeria is betting $990m to fix its broken ports

According to the African Centre for Supply Chain, the country loses an estimated $14.2 billion annually to inefficiencies at key seaports, driven by congestion, outdated infrastructure and bureaucratic delays — challenges the deal aims to rectify.

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South Africa’s Treasury signals minimal buffers as oil breaches $100

South Africa’s National Treasury warns of limited capacity to shield the economy from a looming fuel price crisis due to escalating Brent crude oil prices. With the potential for record fuel price hikes and rising inflation, local businesses may pass costs to consumers.

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