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Mastercard launched the Africa Cybersecurity Center of Excellence to enhance cyber resilience and collaboration across the continent’s digital economy.

NSE market capitalization reached a record KES 3.73 trillion, boosted by a rally in bank stocks and gains in large-cap blue-chip shares.

Mastercard launched the Africa Cybersecurity Center of Excellence in Johannesburg to enhance cyber resilience and support Africa’s digital economy.

Cocoa prices reached five-month highs on June 24 due to supply concerns from El Niño disruptions in West Africa.

Ghana and Côte d'Ivoire agreed to coordinate fixed cocoa farm-gate prices in USD starting 2026/2027 to protect farmers from market volatility.

Africa’s merchandise trade hit a record $1.5 trillion in 2024, growing 13.9% and outpacing global trade, with continued expansion projected through 2028.

The IMF approved a $250 million credit facility for Rwanda to support its economy amid global financial strains and Middle East war impacts.

The South African Reserve Bank kept the repo rate at 8.25%, citing inflation risks and a $60 billion infrastructure gap.

Ghana’s COCOBOD delayed its $1.3bn syndicated loan for 2024/25 due to expected cocoa output decline and rising global cocoa prices.

The Dangote refinery increased crude processing to 600,000 bpd and began exporting LPG to West Africa, boosting use of Nigerian crude.