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Iran’s closure of the Strait of Hormuz has drastically impacted global fertiliser trade, cutting off one-third of supplies and causing urea prices to surge over 30%. This disruption threatens food security, especially in sub-Saharan Africa…
Thungela Resources Limited reported a headline loss per share of $0.38 for 2025, down from earnings of $1.50 in 2024, amid a 17% revenue decline to $1.73 billion. The sharp drop in export prices and significant impairments of $514 million highlight challenges.
The IMF report comes after Africa’s industrialised nation recorded its fifth consecutive quarter of expansion, with gross domestic product rising 0.4% in Q4 2025 pushing annual growth to 1.1% — the highest since 2022.
According to the African Centre for Supply Chain, the country loses an estimated $14.2 billion annually to inefficiencies at key seaports, driven by congestion, outdated infrastructure and bureaucratic delays — challenges the deal aims to rectify.
South Africa’s National Treasury warns of limited capacity to shield the economy from a looming fuel price crisis due to escalating Brent crude oil prices. With the potential for record fuel price hikes and rising inflation, local businesses may pass costs to consumers.
Kenya has raised $820 million from the IPO of its state-owned pipeline company — a first for Africa’s oil and gas sector, and a template for how governments can unlock capital without losing control.
Morocco’s central bank, Bank Al-Maghrib, has maintained its benchmark interest rate at 2.25%, reflecting a supportive policy amid an upgraded economic growth projection of 5.6% for 2026, primarily driven by a significant agricultural rebound.
For decades, moving money across Africa has often taken a strange and long-winding route. A Kenyan entrepreneur paying a supplier in Ghana might see the payment leave Nairobi, pass through banks in Europe or the United States
The payments, which include both installments on borrowed sums and interest charges, reflects 24.5% of the government’s total revenue of $11.81 billion (KSh1.53 trillion) over the same period.
African equities entered 2025 with caution. Inflation was still biting in several economies, currencies were volatile, and foreign investors remained selective about frontier exposure.
Ethiopia’s manufacturing sector is losing employment share despite strong economic growth, highlighting structural bottlenecks that could complicate the country’s industrialisation strategy, according to the African Development Bank (AfDB).
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 40–50% higher in recent weeks, raising concerns about renewed inflationary pressure across global markets.
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.
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.
Inflation continued to cool across several of Africa’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.
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.
Yields on South Africa’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
Nigeria’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 Africa’s most populous nation.
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.
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.
