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The latest reading marks the highest level since November and extends a reversal of the brief easing seen late last year. Recall that Nigeria’s food inflation dropped to single digits in January for the first time in over a decade.
There’s a fact in Kenyan banking that often gets overlooked: most Kenyans repay their loans. Four out of five, in fact. The problem isn’t that Kenyans don’t pay. It’s that the share that doesn’t has been quietly rising
The IMF-World Bank Spring Meetings in Washington, D.C., focus on the urgent challenges facing African nations amid rising debt and geopolitical tensions.
Moody’s has upgraded Ghana’s sovereign credit outlook to “positive” from “stable,” affirming its long-term rating at Caa1. This change reflects significant financial improvements after a recent economic crisis.
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Y Combinator-backed fintech Bujeti has launched a tax management product…
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In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…
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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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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.
Net income across microfinance institutions (MFIs) rose to $31 million (ETB 3.7 billion), a 22.6% increase from $25.1 million (ETB 3 billion) a year earlier, according to central data reviewed by Finance In Africa.
While business conditions deteriorated sharply in some of the continent’s largest economies in March, others managed to sustain momentum despite mounting external pressures.
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.
