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Top stories

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.

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.

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.

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.

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.

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

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 Africaโs largest economy into a single market of 1.3 billion people…

The CBNโs new APP fraud draft rules shift liability across Nigeriaโs payment system, introducing mandatory refunds, stricter timelines and Board-level oversight.

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

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

The groupโs half-year financials shows that while Access Nigeriaโs profits plunged, its African peersโfrom Ghana to Rwanda and Mozambiqueโposted robust growth, helping rebalance the groupโs earnings base.

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

The BoGโs latest decision aligns strongly with market expectations and reflects the bankโs confidence that price growth will remain contained in the near term.

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 yearโthe highest in three yearsโfrom $38.9m.

Ten months ago, Ethiopiaโs 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 isnโt the pipeline filling?

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.