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Despite return to FTSE frontier index, local investors still dominate Nigeria’s stock market

Foreign investors staged a sharp comeback in Nigeria’s stock market in 2025, but that momentum has faded this year.With domestic investors still dominant and foreign flows in retreat, FTSE Russell’s frontier-market upgrade faces a test of whether global investors will return.

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Hichilema has an unfinished economic business as he returns as Zambia’s president

Zambia’s economy is healthier than the one Hakainde Hichilema inherited in 2021. But debt, poverty and weak household incomes remain. Hichilema’s second term will test whether economic stability can finally translate into prosperity for an average Zambian.

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As election draws close, Kenya’s Ruto whips up public anger against foriegn businesses

As his popularity slides and inflation bites, Kenya’s president has found new villains: foreign miners and street hawkers. Behind the crackdown lies a leader determined to secure a second term in office.

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Why Africa is yet to have its own tech billionaire class

Africa’s tech sector has produced nine unicorns and billions in funding since 2015, yet no founder has become a dollar billionaire. Industry leaders say the answer lies in the structure of African capital markets.

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Africa’s first-ever credit rating agency to go live on October 7, says AU

Africa’s first continent-wide credit rating agency will officially launch on October 7 in Mauritius, the African Union (AU) announced on Tuesday.

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Is Nigeria’s once booming stock market now losing its steam?

Nigeria’s record-breaking NGX rally has hit a rough patch. After topping charts globally and setting new highs, the market is now shedding value as profit-taking drags on—recovering much slower than after its last major sell-off.

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Nigeria’s big businesses may have a succession plan problem

Nigeria’s biggest businesses rarely outlive their owners. Some owners are finally learning from the past, but most are still one death away from collapse.

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Nigeria’s renewable asset manager ‘RAMCO’ could be its most important solar reform yet

Nigeria is launching an asset managing firm for its solar projects this August. The goal is to fix maintenance gaps and unlock long-term financing for renewable energy projects.

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Why Kenya’s renewable energy boom isn’t making electricity cheaper

Kenya generates 93% of its electricity from renewables, yet businesses pay up to six times more than African peers. The problem isn’t how power is made, but how it reaches consumers.

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Fuel subsidy debate returns to Nigeria’s politics ahead of 2027 presidential election

Nigeria’s political opposition has vowed to revive Nigeria’s fuel subsidy in a new form. The presidency warns of old fiscal nightmares. Ahead of 2027, petrol prices are once again deciding Nigerian politics.

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Nigeria-Morocco gas pipeline could transform Africa’s trade. Here’s what must go right

Africa’s proposed Nigeria to Morocco gas pipeline promises to reshape regional trade and energy security, but its success hinges on financing, political alignment across a dozen countries, and infrastructure that has yet to be built.

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Algeria’s Sonatrach enters Niger’s Jet A1 market, challenging Dangote’s Africa fuel dominance

Algeria’s Sonatrach is moving into Niger’s Jet A1 fuel market, setting up direct competition with Dangote Refinery and signaling a shift in West Africa’s aviation fuel supply landscape as regional players challenge Nigeria’s growing dominance.

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Once Africa’s best-performing currencies, the naira and cedi are now hitting a rough patch

Ghana’s cedi surged over 40% to become 2025’s best performing currency while Nigeria’s naira also rallied. But by July both faced fresh dollar demand, showing how quickly currency gains can unravel once supply shifts.

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South African businesses struggle to fill jobs after exodus of migrant workers

South Africa has among the world’s highest jobless rates, yet farms, factories and townships now struggle to fill vacancies left by departing migrants—exposing unemployment as a deeper structural problem than immigration alone, insiders say.

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Why the next generation of African infrastructure will be built by people who have lived the problem

Africa undoubtedly needs more infrastructure. But it also needs infrastructure that reflects lived experience. The next generation of transformative businesses will not emerge because they imported solutions that worked elsewhere.

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Renaissance, Aradel, Oando… why local firms are succeeding where big oil failed in Nigeria

As IOCs scale back from Nigeria’s shores, indigenous operators are making a different calculation because their business is centred almost entirely on Nigeria.

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Morocco wants to supply electricity to France. Can Africa become Europe’s renewable powerhouse?

The significance of the France deal is therefore not that Morocco is already powering Europe. It is that European countries are beginning to look seriously at North Africa as a potential source of electricity generated from its strong solar and wind resources.

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AFC, Afreximbank, Standard Chartered… the big money backers behind Dangote’s industrial push across Africa

From Afreximbank’s billions to a Nigerian billionaire’s personal cheque, here’s who is really funding Dangote’s refinery and fertiliser empire, and why African money, not foreign banks, is doing the heavy lifting.

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Why Ethiopia’s banking sector reform hasn’t landed a single foreign bank 

For decades, Ethiopia barred foreign banks from its financial sector, reserving the market for domestic institutions. Although recent reforms have opened the door to international lenders, investor interest has remained muted.

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In Nigeria, exchange rate no longer wields the political tension it once did

The naira has lost half its value since 2023’s float, yet no candidate is promising to reverse it. As Nigeria heads to 2027, the currency that once decided elections has quietly faded from the political debate.

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