CRDB Bank Plc has officially launched a new Islamic finance product, the Al Barakah Sukuk, in a move set to boost ethical investments and promote financial inclusion in Tanzania and …
Africa
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AfricaAfrican PoliticsFinanceINVESTMENT
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AfricaAgricultureEconomic PolicyGovernanceInternational RelationsInternational TradePoliticsSouth Africa
South Africa’s Democratic Alliance Says Trump Tariffs May Stay Without Policy Changes
South Africa’s second biggest party in the ruling coalition, the Democratic Alliance (DA), has warned that the 30% tariff imposed by former United States President Donald Trump on the country’s …
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AfricaEconomyInternational RelationsINVESTMENTTrade
ACTIF2025 Seals $300m Africa-Caribbean Trade and Investment Deals
The Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) ended in Grenada with over US $300 million in deals signed and a strong commitment to deepen Africa–Caribbean collaboration. Co-hosted by Afreximbank …
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AfricaCentral BankingDigital EconomyEconomyFinanceGlobal NewsInflationUGANDA
Bank of Uganda Maintains Key Lending Rate at 9.75% Over Inflation and Global Economic Concerns
Uganda’s central bank has decided to keep its main lending rate unchanged at 9.75 per cent for the fourth time in a row, as the country continues to monitor global …
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AfricaBankingBanking, Finance & InvestmentCorporate EarningsINVESTMENTMarkets
United Capital Plc Posts N11.89bn Half-Year Profit
United Capital Plc has announced a profit after tax of N11.89bn for the first half of 2025, representing a remarkable 522 per cent increase compared to the same period in …
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AfricaArts & CultureDevelopmentEconomyEntertainmentNigeria
British Council’s Film Lab Africa Showcases African Talent at ASIS 2025
The British Council’s Film Lab Africa, in partnership with Sterling One Foundation, has hosted a special film screening during the Africa Social Impact Summit (ASIS) 2025, which ended recently. The …
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Eris Properties Malawi, a property development and services company, has advised Malawians — both at home and abroad — to see real estate as a long-term investment that can create …
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AfricaConflictElectionsGovernanceMOZAMBIQUEPoliticsSecurity
Post-Election Unrest Spurs Frelimo €1.2m Office Rebuild Plan
The ruling Mozambique Liberation Front, known as Frelimo, says it needs about €1.2 million (89 million meticais) to repair 25 party offices in Zambézia Province that were damaged during violent …
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AfricaCentral BankingCurrencyEconomyFinanceMining
Africa’s Central Banks Boost Gold Holdings for Stability
Central banks across sub-Saharan Africa are ramping up gold purchases in a bid to protect their economies from global financial instability and rising geopolitical tensions. Ghana is leading this shift, …
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AfricaEconomyEnergyGlobal PoliticsOil & GasTrade
Brent Oil Price Falls on US-Russia Sanctions Dialogue
Brent crude oil prices stayed close to $66 per barrel on Monday, continuing the sharp fall recorded last week. The drop in price followed fresh news that United States President …