Top stories
Top stories

News of the proposed IPO has generated excitement among investors, fund managers and policymakers. Supporters believe it could deepen liquidity in Nigeria’s capital market and attract fresh domestic and foreign investment.

South Africa imports nearly all of its fuel. When oil prices rise, the rand takes the first hit. With Brent crude still elevated, the pressure on the currency may be far from over.

Nigeria’s latest GDP figures tell a dual story of growth and a worsening cost of living crisis. While economic output is rising, the living conditions of the average citizen have yet to improve, according to the latest data.

Nigeria’s revenue collection has tripled in nearly three years. The nation’s reserves hit a 13-year high this June. Yet two in three Nigerians live in extreme poverty. The same forces building government wealth seem to be keeping household poor

Eskom just celebrated a year without load shedding. But for millions of South Africans, the power crisis feels anything but over. The bills are rising, the theft is worsening, and the debt is piling up.

Petrol now costs Nigerians over N1,300 per litre. The Dangote refinery was supposed to change that. It has not. And the government has said almost nothing.

Ghana beat the odds and crushed inflation faster than any country in Africa. Now a global oil shock is coming for everything it built. How long can it hold?

Dangote wants to build his next mega-refinery in East Africa. But Uganda, Kenya, and Tanzania already have rival plans — and the politics are just as tangled as the pipelines.

While global financial centres contend with subdued growth and elevated interest rates, Africa’s capital markets have entered 2026 with notable momentum.

Ethiopia is set to transform its insurance industry with a new draft law allowing foreign insurers to enter the market for the first time in decades.
South Africa’s National Treasury is proposing significant reforms to its exchange control regulations, moving from a rigid system to a modern, risk-based framework aimed at attracting foreign investment and preventing capital flight.

Africa is now a destination spot for solar power as adoption continues to grow rapidly. However, different nations on the continent employ various strategies to optimise their own renewable energy market

Solar adoption has reached record levels, yet significant gaps remain. This article examines three distinct markets and the factors positioning them as potential next solar powerhouses on the continent.
As leaders gather for the Africa We Build Summit in April 2026, the Africa Finance Corporation warns that Africa’s infrastructure crisis stems not from a lack of funding, but from execution failures.

Nigeria and Libya are Africa’s leading oil producers. For nearly a decade, Nigeria has held the top position, with Libya consistently close behind. However, recent trends suggest this long-standing order may be shifting.

On March 31st 2026, Nigeria announced it would borrow $5 billion from First Abu Dhabi Bank through a financial instrument most people have never heard of: a total return swap.

Ecobank is collaborating with Bank of China to introduce direct local currency to yuan settlement services by 2026, aiming to streamline payments for African SMEs engaged in trade with China.
African currencies have come under pressure as the ongoing Middle East conflict drives up oil prices, disrupts shipping flows, and sends inflationary shocks across the continent.

As digital finance matures, access is no longer the benchmark. Infrastructure that supports frequent, low-value transactions is becoming central to sustained usage and economic participation.

Nigeria is Africa’s top oil producer, meaning the recent spike in oil prices could provide a revenue boost. However, its current domestic economic conditions suggest it may not benefit as much as it did during the last oil boom.