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Sunday, August 16, 2026
Top News
Fitch Upgrades Republic of Congo’s Local-Currency Rating to CCC+ on Lower Debt Risks
Nigeria’s Exports to China Surge 80% to $2.3 Billion in First Half of 2026
Resolute Mining and Guinea’s Nimba Mining Gold Form Joint Venture for Gold Exploration
Uganda Central Bank Holds Rate at 9.75% as Inflation Remains Contained
Nigeria Oil Production Falls 4% in July to 1.505 Million Barrels Per Day
India and SACU Launch Preferential Trade Talks to Expand Africa-India Commerce
Egypt Opens 2026 Oil and Gas Bid Round for 14 Exploration Blocks
Morocco Sets September 1 Deadline for Several 2026 Tax Payments
Standard Bank Half-Year Earnings Rise 10% to $1.62 Billion as Credit Costs Fall
Vodacom Appoints Former Airtel Africa CEO Segun Ogunsanya to Its Board
SEC Sets Time for Daily Trade Settlement Deadline for Nigeria’s Equities and Commodities Market
Central African Republic Inaugurates 50-MW Solar Plant to Expand Electricity Supply
Namibia Central Bank Holds Repo Rate at 6.75% as Growth Forecast Is Cut
Jumia Raises $50 Million From IFC and Axian to Expand E-Commerce Across Africa
Nigeria Considers Crude Pricing and Supply Changes to Support Local Refineries
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Credit Ratings

Fitch Upgrades Republic of Congo’s Local-Currency Rating to CCC+ on Lower Debt Risks

ADDIS ABABA, Aug 15 – Fitch Ratings has upgraded the Republic of Congo’s long-term local-currency rating to CCC+ from CCC, citing reduced near-term refinancing risks, improving growth prospects and …

Shoprite Expects Headline Earnings to Rise Up to 14.7% as Sales Reach $16.7 Billion

IHS Towers Revenue Rises to $844 Million as Costs Hit Profit

EconomyFeature
South Africa Unemployment Rate Rises to 33.6% in Q2 2026 as Jobs Decline

Latest News

Fitch Upgrades Republic of Congo’s Local-Currency Rating to CCC+ on Lower Debt Risks
Nigeria’s Exports to China Surge 80% to $2.3 Billion in First Half of 2026
Resolute Mining and Guinea’s Nimba Mining Gold Form Joint Venture for Gold Exploration
Uganda Central Bank Holds Rate at 9.75% as Inflation Remains Contained
Nigeria Oil Production Falls 4% in July to 1.505 Million Barrels Per Day

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Economy

Morocco Sets September 1 Deadline for Several 2026 Tax Payments
by Oluebube Elechi
Nigeria Collects $19.9 Billion in Taxes as Digital Systems Expand
by Oluebube Elechi
Kenya Targets 5.7% Budget Deficit in 2027/28 as Fiscal Consolidation Continues
by Emmanuel Ebube
South Africa Unemployment Rate Rises to 33.6% in Q2 2026 as Jobs Decline
by Emmanuel Ebube
Zimbabwe Diaspora Remittances Hit $2.45 Billion in 2025 as UK Becomes Top Source
by Emmanuel Ebube
Egypt Inflation Rises to 14.9% in July as Annual Price Pressures Persist
by Emmanuel Ebube

Wealth

Africa’s Ultra-Wealthy Increase Property Investments as Demand for Wealth Preservation Grows
by Emmanuel Ebube
Abdulsamad Rabiu Becomes Africa’s Second-Richest Person as Wealth Surges
by Emmanuel Ebube
Africa’s Super-Rich Are Turning to Family Offices to Protect Expanding Fortunes
by Emmanuel Ebube

More News

Morocco Sets September 1 Deadline for Several 2026 Tax Payments
by Oluebube Elechi
Nigeria Collects $19.9 Billion in Taxes as Digital Systems Expand
by Oluebube Elechi
Kenya Targets 5.7% Budget Deficit in 2027/28 as Fiscal Consolidation Continues
by Emmanuel Ebube
South Africa Unemployment Rate Rises to 33.6% in Q2 2026 as Jobs Decline
by Emmanuel Ebube
Zimbabwe Diaspora Remittances Hit $2.45 Billion in 2025 as UK Becomes Top Source
by Emmanuel Ebube
Egypt Inflation Rises to 14.9% in July as Annual Price Pressures Persist
by Emmanuel Ebube