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Top stories

The topline figure represents the cumulative difference between the previous capital regime implemented in 2015 and the newly approved requirements across all affected categories.

The trade concession, announced on Thursday by the Ministry of Trade, comes as East Africaโs largest economy remains heavily dependent on imports from China.

To avoid an artificial spike in December’s headline inflation, the NBS replaced the single-month reference point, set as December 2024 during last yearโs rebasing, to a 12-month index reference period averaging all months of 2024.

When Musa, a food commodities trader in southwest Nigeria, secured a buyer in Accra, the distance looked manageable. The route hugged the Atlantic coastline, demand was strong, and the margins worked on paper. Then came the borders.

Nigeriaโs new tax reform redraws how companies structure themselves, by widening the tax net while scaling back the myriad of overlapping levies previously imposed on large businesses.

Zambiaโs external debt rose to $16bn in Q3 2025, driven by growing reliance on multilateral loans as market access stayed limited after its 2020 default.

For most investors and exporters, trade agreements matter only when they start changing costs, timelines, and risk. Until then, they remain political documents. Nigeriaโs engagement with the African Continental Free Trade Area largely fell into the second category for years.

Egypt and Afreximbank are studying a pan-African Gold Bank to anchor gold refining, vaulting and trading on the continent and reduce reliance on offshore hubs.

After two years of tightening, African central banks split in 2025โsome cutting aggressively as inflation eased, others holding firm to protect currency stability and anchor hard-won disinflation gains.

Inflation eased across much of Sub-Saharan Africa in 2025, helped by stable currencies and lower food prices, giving several central banks room to cut rates as price pressures receded.

After decades of protectionism, Ethiopiaโs banking reforms are translating into higher profits, faster digital expansion and growing foreign interest, even as inflation, credit concentration and competition risks persist.

PMI surveys show Nigeria and Uganda sustaining expansion in 2025, while Egypt, Kenya and South Africa lagged, reflecting divergent inflation trends, currency pressures and uneven domestic demand.

The United States recently expanded travel restrictions targeting citizens from multiple African countries, suspending entry for several key visa categories starting January 1, 2026.

The NSE will integrate M-Pesa into share trading, a move that shortens settlement cycles and positions Kenyaโs leading telco as a gateway to equity markets.

Africaโs largest lenders spent over $537m on acquisitions in 2025, led by South African banks, even as recapitalisation rules and uneven profits reshaped expansion plans today…

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

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

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

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.

Egyptโs 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.