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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.
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.
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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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African equities entered 2025 with caution. Inflation was still biting in several economies, currencies were volatile, and foreign investors remained selective about frontier exposure.
Ethiopia’s manufacturing sector is losing employment share despite strong economic growth, highlighting structural bottlenecks that could complicate the country’s industrialisation strategy, according to the African Development Bank (AfDB).
The disruption of shipping and energy flows through the Strait of Hormuz, which handles roughly 20% of global seaborne oil trade, has pushed crude prices 40–50% higher in recent weeks, raising concerns about renewed inflationary pressure across global markets.
Nigeria is developing the Lagos International Financial Centre to attract global banks, deepen capital markets and position Lagos as a regional hub for international investment flows. Here’s all you need to know.
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