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Ethiopia’s microfinance banks posts record $3.7bn profit as deposits surge

A man counts Ethiopia's birr notes in Merkato, one of Africa's biggest open-air markets, in Addis Ababa, Ethiopia

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Africa’s growth splits in 2026 as East Africa pulls ahead

East Africa is set to anchor the continent’s economic expansion in 2026, outpacing every other region as investment flows and a fast-growing services sector accelerate momentum across the bloc.

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Middle East war tests African business activity in March

While business conditions deteriorated sharply in some of the continent’s largest economies in March, others managed to sustain momentum despite mounting external pressures.

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Afreximbank’s Fitch downgrade exposes a deep rift in global finance judgments

In January 2026, Fitch Ratings downgraded the African Export-Import Bank to BB+ (Junk status). Not long after, it withdrew its ratings. Ordinarily, this episode might have looked like a routine credit event. Rating agencies reassess risk all the time.

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Uganda posts first trade surplus in over a decade as gold exports soar 182%

According to data from the Finance Ministry, the East African nation posted a surplus of $147.26 million in January 2026, reversing a $206.43 million deficit in December 2025 and a $215.28 million shortfall a year earlier.

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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 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


How tariffs reshaped US-South Africa trade in 2025

Despite the scale of tariff increases, the US retained its position as South Africa’s third-largest trading partner after China and Germany in 2025, reinforcing its influence in Pretoria’s trade architecture.

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South Africa’s tax haul hits $119.73 billion despite economic storm

South Africa’s Revenue Service (SARS) achieved a historic milestone by collecting $119.73 billion (R2.01 trillion) in net revenue for the fiscal year ending March 31, 2026, marking an 8.4% increase from the previous year.

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Nigeria raises budget, adds $6bn debt as borrowing surge accelerates

Nigeria’s National Assembly has approved a $49.38 billion budget for 2026, a 17% increase from President Tinubu’s original proposal, aimed at addressing capital projects and fiscal stability.

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China’s exports to Nigeria surge 37% to $13bn in 2025

Analysts warn Nigeria’s heavy reliance on Chinese goods exposes it to external shocks, including changes in China’s economic conditions, supply chain disruptions or shifts in trade policy.

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