South African analysts, business leaders, and trade unions have lowered their inflation expectations for the coming years, according to the latest survey released on Wednesday. This shift could encourage the …
East African countries are gradually shifting their foreign exchange (FX) reserve strategies by adding more gold, a move aimed at reducing dependence on the U.S. dollar and protecting their economies …
Olympia Capital Holdings Limited has announced a net profit of KSh 17.6 million for the financial year ended 28 February 2025, reflecting a 50 percent decline from the KSh 35.2 …
MTN Uganda has announced a new exit option for its minority retail investors as the telecom company prepares to separate its mobile money business, MTN MoMo, from its main telecom …
The Nigerian naira appreciated against the US dollar across both official and parallel foreign exchange (FX) markets on Tuesday, July 2, 2025—the first trading day of the new month. This …
South Africa has secured a fresh $474.6 million loan from the African Development Bank (AfDB) to support the country’s ongoing efforts to improve its struggling transport and energy infrastructure. The …
Many investors across Nigeria are smiling this July as the Nigerian Exchange (NGX) recorded a major rally in the first half of 2025, led by strong performance from top consumer …
Somalia’s economy maintained strong performance in 2024, with a solid growth rate of 4.0 percent, according to the 10th Edition of the Somalia Economic Update released by the World Bank. …
The Securities and Exchange Commission (SEC) has called on Nigeria’s capital market operators and stakeholders to adopt Artificial Intelligence (AI)-driven surveillance systems. The move is part of a wider strategy …
Nigeria’s total money supply dropped again in May 2025, marking the second decline this year, according to new data released by the Central Bank of Nigeria (CBN). The figure for …
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