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Ghana leads African stock market rally in 2025 with 134% surge

African equities entered 2025 with caution. Inflation was still biting in several economies, currencies were volatile, and foreign investors remained selective about frontier exposure.

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Ethiopiaโ€™s manufacturing employment declines despite strong GDP growth

Ethiopiaโ€™s manufacturing sector is losing employment share despite strong economic growth, highlighting structural bottlenecks that could complicate the countryโ€™s industrialisation strategy, according to the African Development Bank (AfDB).

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Oil shock from Iran war reverses global bond gains, pressures African economies

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 40โ€“50% higher in recent weeks, raising concerns about renewed inflationary pressure across global markets.

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What you need to know about the Lagos International Financial Centre

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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Female billionaires missing from Africaโ€™s ultra-rich list for sixth consecutive year

The last time female billionaires appeared on the list was in 2020, when Angolan tycoon Isabel dos Santos and Nigerian oil magnate Folorunsho Alakija were included.

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Disinflation spreads across Africaโ€™s largest economies in February

Inflation continued to cool across several of Africaโ€™s largest and most closely watched economies in February, extending a downward trend that gathered pace through much of 2025 and the opening weeks of this year.

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Egypt raises fuel prices as IMF-backed subsidy reforms deepen

The price increases come against a backdrop of heightened volatility in international energy markets, where crude oil prices have surged more than 25% since January due to disruptions in Middle Eastern supply chains.

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Rate-hike fears trigger worst South African bond sell-off in six years

Yields on South Africaโ€™s benchmark 10-year government bond surged by 36 basis points on Monday, extending a rapid climb that has taken place over the past 10 days

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Nigeriaโ€™s disinflation at risk as Middle East tensions deepen oil price shocks

Nigeriaโ€™s recent disinflation trend is facing a fresh threat as escalating tensions in the Middle East send global oil prices sharply higher, raising concerns that rising fuel and logistics costs could reignite inflationary pressures across Africaโ€™s most populous nation.

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Zimbabwe pushes to end 27 years of financial isolation with $23b debt deal

The announcement comes as Zimbabwe, once barred from borrowing from the World Bank, African Development Bank and Paris Club creditors after defaulting in the late 1990s, inches toward rejoining the global financial mainstream.

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Best performing stocks across Africaโ€™s major exchanges in 2026

African equities are outperforming global frontier markets in 2026, with Nigeria and Tanzania leading gains as commodity producers, financial firms and small-cap stocks power returns.

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What you need to know about Nigeriaโ€™s $769 million Treasury bills auction

Nigeriaโ€™s central bank auctions โ‚ฆ1.05 trillion in Treasury bills as markets gauge investor demand and yield direction following the first policy rate cut of the year. We know the results this Thursday.

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Nigeria rebounds but Uganda keeps Africaโ€™s private sector crown

Nigeria rebounded strongly after a January dip ended its 13-month expansion streak, supported by higher new orders, improved affordability, and currency stability. Yet Uganda remained the continentโ€™s top performer.

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Nigeria elevates tax reform architect, Taiwo Oyedele, to minister of state for finance

Taiwo will replace Doris Uzoka-Anite, who has been redeployed as Minister of State for Budget and National Planning, her third portfolio in the administration

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Middle East conflict forces shipping reroutes, oil price surge in double shock to African trade

Escalating USโ€“Israel strikes on Iran are disrupting Gulf shipping routes and pushing oil prices higher, forcing costly maritime reroutes and exposing Africaโ€™s dependence on imported fuel and goods.

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Why Nigerian insurers lost profits despite 20% revenue growth

Currency swings are quietly eroding insurersโ€™ profits across Africa, as FX losses and rising claims costs turn strong premium growth into weaker bottom lines.

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Why Zimbabwe halted raw mineral exports indefinitely

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

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8 key takeaways from South Africaโ€™s 2026 budget

South Africaโ€™s 2026 budget scraps a proposed VAT hike, targets sustained primary surpluses and debt stabilisation, while expanding savings incentives and infrastructure spending.

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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 Nigeriaโ€™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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