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Africaโ€™s cement giants are continental in scale, but not in profits

Africaโ€™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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Nigeriaโ€™s capital inflow climbs 156% to $11m but investor caution persistsย 

A growing divergence between Nigeriaโ€™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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Inside Africaโ€™s $15 billion carbon credit opportunity

Why carbon markets are emerging as a tool not just for emissions reduction, but for supporting jobs, infrastructure, and community development across Africa

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Kenya turns to trade talks as US deficit hits $142m

Kenya is reviving negotiations with the US as its trade deficit with Washington widens sharply, underscoring growing pressure on Nairobi to rebalance trade flows with one of its largest export markets.

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Nigeriaโ€™s fintech regime split between speed and stability โ€” capital is feeling the strain

Nigeriaโ€™s fintech ecosystem is one of Africaโ€™s most vibrant, with its nucleus positioned in Lagos. According to the 2024 annual data released by the Nigeria Inter-Bank Settlement System (NIBSS)…

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Moroccan banks poised for corporate lending surge in 2026 amid infrastructure push

S&P Global expects Moroccan banks to step up lending to corporate borrowers in 2026 as large-scale infrastructure spending, pro-business reforms and steady economic growth create a more supportive operating backdrop.

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Holding the line: how African governments are navigating rising debt

African governments are borrowing to drive growth, but rising debt costs and weak revenues are forcing tougher fiscal rules and sharper trade-offs between stability and development.

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Why Nigerian CEOs are betting on stronger earnings in 2026

The majority of Nigerian chief executives are stepping into 2026 with growing confidence that improved business conditions at home will translate to stronger earnings to their organizations even as growth risks deepen.

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How Nigeriaโ€™s digital lenders are expanding access to credit

Nigeriaโ€™s digital lending boom is widening credit access and fuelling growth, but weak regulation, high defaults and tax gaps threaten fiscal stability across Africaโ€™s fintech surge.

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Why South African banking giant Absa is staying out of Ethiopiaโ€”for now

Absa maintains that while the countryโ€™s recent financial market reforms are encouraging, it will only consider entry once the rules are less restrictive.

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Banks in Egypt and Nigeria face shrinking profits in 2026 as rate cuts bite

Banks in Egypt and Nigeria are likely to see profits drop in 2026 as central banks accelerate interest rate cuts following a sharp slowdown in inflation and increasingly favorable macroeconomic conditions, S&P Global said in its latest Africa banking outlook.

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Afreximbank completes pan-African mandate as South Africa signs $8bn programme

South Africa has joined Afreximbank, completing the lenderโ€™s continental membership and strengthening its institutional standing as it faces rating pressure and tighter global funding conditions.

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Uganda leads Africaโ€™s private sector growth as Nigeria suffers surprise setbackย 

Overall, business momentum eased across most of the reviewed markets in January, with seven of the eight economies registering a softer PMI reading compared with December, except South Africa.

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West Africaโ€™s GDP growth seen cooling to 4.2% in 2026 amid tight government spending

The projected slowdown comes even as macroeconomic conditions stabilise and investor sentiment improves amid ongoing reforms in West Africaโ€™s largest economies.

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Why earnings per share fell 94% at Nigeriaโ€™s oldest bank in 2025

First HoldCoโ€™s earnings per share collapsed in 2025 after heavy loan-loss provisions and divestment losses wiped out profits, even as interest income hit record levels.

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Early warning system unveiled as Africa faces $96bn external debt bill

The tool, developed by the Alliance of African Multilateral Financial Institutions (AAMFI), is intended to help regions lenders coordinate support for countries under strain and reduce the risk of protracted disputes during debt restructurings.

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Nigeria has restored economic stability, but growth is still missing

On the news and on paper, the countryโ€™s economy is recovering and stabilising, but it appears that peopleโ€™s bellies and tradersโ€™ inventories are yet to see this in reality.

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Nigeria looks to Morocco and Chile as it retools fiscal discipline for 2026

Nigeriaโ€™s 2026 fiscal strategy hinges on tighter cash control, selective divestments and PPPs. Global precedents offer hope, but execution risks could test credibility and growth.

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Ethiopia ramps up FX market interventions, sells $640m to banks in January

Januaryโ€™s disbursements, which includes a record $500 million auction, represents 82% of the $780 million sold throughout 2025, highlighting a significant acceleration in the scale of market operations.

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Twenty-nine years on, Zimbabweโ€™s inflation returns to single digits amid gold rallyย 

Official data show Zimbabweโ€™s annual inflation slowed sharply to 4.1% in January, from 15% in December and 10.1% a year earlier, as the countryโ€™s gold-backed currency strengthened on the back of record bullion prices.

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