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Africaโ€™s sovereign credit ratings 2025: How Moodyโ€™s, S&P, Fitch are repricing risk

Africa heads into 2026 with sovereign credit assessments that reflect a continent moving at different speeds. Ratings from Moodyโ€™s, S&P Global Ratings, and Fitch Ratings now show a wider gap between countries

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A $780m FX intervention fails to curb Ethiopiaโ€™s currency slide

The figure reflects the combined value of 10 FX auctions held by the National Bank of Ethiopia (NBE) between February and the second week of December 2025, aimed at deepening liquidity and strengthening the Birr

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Why Africaโ€™s largest bank is backing Safaricom Ethiopia with $138m facility

Standard Bank has agreed to provide a $138m facility to Safaricom Ethiopia, backing network expansion as the operator scales in Africaโ€™s second-most populous market.

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Why the IMF-backed Common Framework is failing Africa

Many low-income countries had been struggling with mounting debt distress before COVID-19, but the pandemic worsened the problem. In the shadow of soaring Eurobond maturities and post-COVID economic scars, Africa’s low-income countries (LICs) have been facing a debt crisis.

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Egypt’s inflation surprise gives central bank room to resume rate cuts

Egyptโ€™s inflation cooled more than expected in November, easing pressure on the central bank and strengthening the case for resuming rate cuts at its 25 December meeting.

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A guide to payment APIs in Africa: How developers are turning money into code

Telcos, fintechs and open-finance platforms are exposing APIs that let African developers move money, verify identity and offer credit with just a few lines of code.

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Kenya cuts rate in ninth straight reduction, lowest since early 2023

Kenya cuts its benchmark rate to 9% in a ninth straight easing move, bringing borrowing costs to their lowest since early 2023 as credit conditions and FX reserves strengthen.

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US imports from South Africa climb 37% amid deepening trade tensions

An analysis by Finance in Africa revealed that US-bound exports grew from $674 million in January to $982 million in October, reflecting a 37% increase.

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COMESA: Inside the digital platform letting African traders bypass the dollar

For decades, cross-border trade in Africa has depended on the U.S. dollar, an expensive middleman that small businesses can barely afford. Every time goods moved across a border, traders lost time and money converting local currencies through foreign banks.

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Kenya overtakes Nigeria to lead Africaโ€™s private sector growth in November

South Africa was the only country to remain in contraction, with a PMI of 49, underscoring the economyโ€™s continued divergence from an otherwise strengthening regional trend.

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AfCFTA at Five: Nigeria’s services boom leaves small exporters behind

When Nigeria ratified the African Continental Free Trade Area (AfCFTA) in 2020, it was sold as a once-in-a-generation opportunity, a chance to plug Africaโ€™s largest economy into a single market of 1.3 billion people…

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Nigeriaโ€™s APP fraud crisis forces liability rethink for user-authorised scams

The CBNโ€™s new APP fraud draft rules shift liability across Nigeriaโ€™s payment system, introducing mandatory refunds, stricter timelines and Board-level oversight.

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Inside the machinery of financial fraud in Nigeria

Nigeriaโ€™s fraud problem is deeper and more systemic than most admit. This analysis explores the loopholes, collusion networks and infrastructure gaps enabling financial crime.

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Agriculture posts strong rebound, reclaims position as Nigeriaโ€™s largest GDP driver in Q3

The latest GDP figures arrive as Nigeria faces growing US pressure to tackle its security crisis, which continues to disrupt key sectors, including agriculture.

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Nigeria is the only profit loser among Access Holdingsโ€™ 15 African banking units

The groupโ€™s half-year financials shows that while Access Nigeriaโ€™s profits plunged, its African peersโ€”from Ghana to Rwanda and Mozambiqueโ€”posted robust growth, helping rebalance the groupโ€™s earnings base.

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Senegalโ€™s mobile money tax risks reversing a decade of digital inclusion gains

The proposed levy may reshape Senegalโ€™s fast-growing payments ecosystem, with experts warning of lower digital usage, weaker agent activity and a potential return to cash.

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Ghana cuts rate to near 4-year low as inflation holds within target

The BoGโ€™s latest decision aligns strongly with market expectations and reflects the bankโ€™s confidence that price growth will remain contained in the near term.

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Mauritius overtakes Nigeria in private equity crown as deals quadruple to $1.25bn

Despite recording six transactions, the island nation attracted the highest deal value on the continent (excluding South Africa), with private equity inflows surging by 311.3% to $1.25bn in the first nine months of this yearโ€”the highest in three yearsโ€”from $38.9m.

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Can Ethiopiaโ€™s young stock market hit nine-IPO target as 2025 ends?

Ten months ago, Ethiopiaโ€™s first stock exchange opened to applause. Today, the applause has softened into calculation. Only three listings stand where nine were promised for 2025, raising a bigger question than timing: why isnโ€™t the pipeline filling?

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Why SA’s Investec wants Basel III rules rewritten for African banks

Investec says uneven Basel III rules raise capital costs for African banks. Strong ratios show its concern is not its balance sheet but how global reforms could limit credit and growth.

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The Ethiopian Birr weakened through 2025, falling 8.1% in Q3, despite a $780 million forex intervention by the National Bank of Ethiopia aimed at curbing dollar shortages and stabilising the currency, official data shows.







South Africaโ€™s exports to the US jumped 37% over the first ten months of 2025 despite facing steep tariffs and fresh trade barriers from Washington, data from the South African Revenue Service (SARS) show.



Kenya topped Africaโ€™s private sector growth rankings with a headline PMI of 55, overtaking Nigeria following a surge in sales volumes and new businesses, according to S&P Global.





Crop production reclaimed its position as the largest contributor to Nigeriaโ€™s economy in the third quarter of 2025, outpacing trade for the first time since the rebasing of national accounts, the National Bureau of Statistics (NBS) revealed on Tuesday.




The Bank of Ghana cut its key lending rate by 350 basis points to 18% on Wednesday, marking the third consecutive reduction as inflation remains firmly within target.