Flood effects could result in reversal of inflation drop in Mozambique: analysts
Mozambique’s central bank trimmed its main interest rate by 25 basis points to 9.25% in a decision announced on Wednesday, but flood effects could reverse the drop in inflation pattern.
28 Jan, 2026
Meta, TikTok, YouTube face landmark trial over child safety, addiction
Los Angeles jury trial could set a precedent for thousands of similar lawsuits and redefine how far tech companies’ legal protections extend when children are harmed.
27 Jan, 2026
Gold hits record high of over $5,000 per ounce amid geopolitical tensions
Demand for safe-haven assets boosted market jitters over US foreign policy moves and worldwide risks
26 Jan, 2026
Ghana to begin local gold refining under new GoldBod agreement
Ghana has long exported almost all its gold in raw form despite having refinery capacity in the sub-region.
23 Jan, 2026
South Africa’s Nedbank to buy majority stake in Kenya’s NCBA for $856 million
US company secures $150m funding for Zimbabwe gold mine
Botswana warns diamond oversupply harms economy
Libya devalues dinar by 14.7%, second cut in less than a year
Nigeria enters consolidation phase after two years of reforms, finance minister says
13 Jan, 2026
South Africa welcomes US House approval of AGOA renewal
South Africa’s government has welcomed the approval by the United States’ House of Representatives of a bill that would renew Washington’s preferential trade programme for Africa for another three years.
13 Jan, 2026
US-Africa trade: House approves three-year Agoa extension
It is unclear whether South Africa will be excluded from the program, given strained diplomatic relations between Washington and Pretoria.
12 Jan, 2026
Ghana clears $1.47bn energy sector debts
Finance Minister Forson said the energy sector was in a fragile state when President John Dramani Mahama assumed office.
12 Jan, 2026
Mobile phones ordered in 2010 arrive 16 years later in Libya
The sender and the receiver lived only a few kilometres apart. A short drive. A long war.
8 Jan, 2026
South African rand dips while investors await manufacturing data
The South African rand slipped in early trade on Thursday, tracking most emerging market assets ahead of the release of a local purchasing managers’ index (PMI) and November production figures for the manufacturing sector.
8 Jan, 2026
French bank BNP Paribas to appeal Sudan atrocities funding verdict
The bank said it would seek to have the verdict dismissed on appeal, arguing the trial applied Swiss law incorrectly.
5 Jan, 2026
Ethiopia’s international bond jumps after draft deal with bondholders
Ethiopia’s sole international bond rose on Monday, Tradeweb data showed, after the government said it had reached a preliminary restructuring deal with its bondholders.
2 Jan, 2026
Gabon’s Nguema sacks finance minister as debt figures mount
Oyima, a prominent banker and businessman, was named finance minister in May, after Nguema won the first presidential election.
29 Dec, 2025
Nigeria’s Tinubu approves $5.3 billion debt write-off for state oil firm NNPC
Nigerian President Bola Tinubu has approved the cancellation of $1.42 billion and 5.57 trillion naira ($3.85 billion) in debts owed by state oil firm NNPC Limited to the government, the presidency said on Monday.
21 Dec, 2025
Elon Musk becomes world’s first $700b billionaire after Tesla pay deal restored
Earlier this week, Musk became the first person to surpass a $600 billion net worth after reports that SpaceX may go public.
