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8 key takeaways from South Africa’s 2026 budget

South African Finance Minister Enoch Godongwana delivers his 2026 budget speech to lawmakers in Cape Town, South Africa,

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Why Zimbabwe halted raw mineral exports indefinitely

The decision, announced on Wednesday by Polite Kambamura, Zimbabwe’s Mines and Mining Development Minister, marks a sharp acceleration of Harare’s long-standing push to force more mineral processing to take place at home.

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Foreign investors drive $1.97bn surge on Nigerian Exchange, highest in 19 years

In a striking turnaround that few would have predicted just a few years ago, foreign investors are pouring back into Nigeria’s equities market with unprecedented force. International deal volumes on the Nigerian Exchange (NGX) surged to a staggering $1.97 billion.

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Why Africa is pushing for its own credit rating system

In the financial world, a credit rating is supposed to be an objective score. In reality, these ratings are often clouded by what many spectators perceive as bias.

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Nigeria delivers first rate cut of 2026, lowers benchmark to 26.5%

The Central Bank of Nigeria (CBN) delivered its first policy easing of 2026 on February 24, announcing a 50 basis point cut in the Monetary Policy Rate (MPR) to 26.5% from 27%. This marks a cautious but meaningful pivot after more than a year of aggressive tightening.

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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


Nigeria’s airport operator eyes over $270m as cashless policy looms

Leveraging the 75% anticipated revenue uplift from the cashless mandate, which digitises gates, parks, lounges, and fees, post-implementation IGR could reach $271.6 million (₦364 billion) annually, assuming seamless rollout.

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South Africa eyes debt relief as gold boom boosts 2026 budget outlook

This will be Godongwana’s second budget under the Government of National Unity (GNU) and comes at a delicate political moment. With 2026 shaping up as a year of heightened electoral sensitivity.

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Africa’s cement giants are continental in scale, but not in profits

Africa’s cement capacity spans the continent, but 2024 results show profits concentrated in Nigeria and Morocco, exposing sharp regional divides in margins and resilience.

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Nigeria’s capital inflow climbs 156% to $11m but investor caution persists 

A growing divergence between Nigeria’s foreign portfolio investments and FDI inflows has reawakened concerns about investor appetite for longer-term commitments in the West African economy.

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