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  • Nigeria Kogi state boat accident: More than 50 bodies recovered and many still missing – BBC.com
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CBK outlines new D-SIB rules while Kenya hikes bank capital toward KES 10bn by 2029 to bolster…

Vaughn Hillyard Sep 14, 2026
The CBK released new D-SIB rules and plans to raise Kenya’s bank minimum capital to KES 10bn by 2029 to enhance sector stability.
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Senegal’s prime minister seeks extended maturities on Eurobond debt after S&P downgrade deepens…

Vaughn Hillyard Sep 14, 2026
Senegal’s PM announced plans to extend maturities and renegotiate interest rates on Eurobond debt after an S&P downgrade deepened junk status.
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MTN Group H1 2026 earnings jump as service revenue hits R115bn and EBITDA R56bn, with Nigeria and…

Vaughn Hillyard Sep 13, 2026
MTN Group's H1 2026 service revenue rose 17.5% to R115.3bn and EBITDA increased 20% to R56bn, driven by growth in Nigeria and South Africa.
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World Bank says Africa could boost intra-continental services trade by over 60 percent

Vaughn Hillyard Aug 29, 2026
The World Bank projects Africa could increase intra-continental services trade by 60-64% by 2035 through deeper sector liberalization.
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South Africa’s Rainbow Chicken reports full-year results and declares dividends

Vaughn Hillyard Aug 29, 2026
South Africa’s Rainbow Chicken reported a 7.7% revenue increase to R17.1 billion and a 134.8% earnings rise to R1.34 billion, declaring dividends.
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Ethiopia’s reform push draws surge of Chinese investment

Vaughn Hillyard Aug 28, 2026
Chinese investment in Ethiopia exceeded $200 million in early 2024, funding nearly 100 projects and creating over 18,000 jobs amid reform efforts.
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Kenyan police fire tear gas to disperse traders protesting import duty hike

Vaughn Hillyard Aug 28, 2026
Kenyan police used tear gas to disperse traders protesting a 28% hike in import duty valuation in central Nairobi.
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Rwanda secures $190m World Bank-backed financing in first yen borrowing

Vaughn Hillyard Aug 27, 2026
Rwanda secured $190 million in a World Bank-backed 15-year dual-currency loan, marking its first yen-denominated borrowing for budget support.
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Nigeria hits OPEC quota but oil windfall remains out of reach

Vaughn Hillyard Aug 27, 2026
Nigeria met its OPEC crude oil production quota of 1.5 million barrels per day in July 2026, but oil revenue gains remain limited.
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Fitch revises Tanzania’s outlook to positive from stable on declining debt

Vaughn Hillyard Aug 25, 2026
Fitch upgrades Tanzania's outlook to positive from stable, citing improving fiscal fundamentals and declining government debt projected at 46.2% of GDP by 2028.
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