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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…

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.

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Chain, the country loses an estimated $14.2 billion annually to inefficiencies at key seaports, driven by congestion, outdated infrastructure and bureaucratic delays — challenges the deal aims to rectify.

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

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

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

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Kenya has raised $820 million from the IPO of its state-owned pipeline company — a first for Africa’s oil and gas sector, and a template for how governments can unlock capital without losing control.

Morocco’s central bank, Bank Al-Maghrib, has maintained its benchmark interest rate at 2.25%, reflecting a supportive policy amid an upgraded economic growth projection of 5.6% for 2026, primarily driven by a significant agricultural rebound.

For decades, moving money across Africa has often taken a strange and long-winding route. A Kenyan entrepreneur paying a supplier in Ghana might see the payment leave Nairobi, pass through banks in Europe or the United States

The payments, which include both installments on borrowed sums and interest charges, reflects 24.5% of the government’s total revenue of $11.81 billion (KSh1.53 trillion) over the same period.