Foreign investors have withdrawn a staggering $3.7 billion from South African equities since October 2024, marking the longest streak of outflows from the continent’s largest equity market in five years, …
Banks in Egypt made a huge net profit of EGP 152.76 billion during the first quarter of 2025. This was made known in a report released by the Central Bank …
South Africa’s financial markets opened on a nervous note Friday morning, as the rand and government bonds came under sharp pressure following Israeli military strikes on Iran. The heightened geopolitical …
Ghana’s Parliament has officially repealed two controversial taxes — the Emissions Levy and the 10% Betting Tax — after months of public outcry and operational setbacks. The decision, passed on …
Egypt has gotten a total of $15.6 billion in development financing from over 30 international organizations and donors to help grow its private sector. This financing covers a period from …
Ghana has taken a major step towards digital transformation by validating its first-ever National E-Commerce Strategy, aimed at boosting online trade, empowering small businesses, and supporting inclusive economic development across …
The Insurance Regulatory Authority (IRA) of Kenya is now making sure that life insurers do not become a way for people to launder dirty money. The move comes after growing …
Algeria has officially shelved the El Hamdania deep-water port project, a $3.3 billion initiative initially planned in partnership with China. The decision, confirmed by the Algerian Port Authority, attributes the …
Kenya recorded its lowest trade deficit in four years in the first quarter of 2025, helped by rising exports and falling fuel costs. The trade gap between imports and exports …
Commercial banks in Ethiopia are currently grappling with a serious liquidity crisis, raising concerns across the financial sector. According to insiders who spoke to The Reporter, the problem is being …
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