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Nigeria met its OPEC crude oil production quota of 1.5 million barrels per day in July 2026, but oil revenue gains remain limited.

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.

Outstanding African sukuk exceeded $7 billion in August 2026, led by Egypt, Nigeria, South Africa, and Benin, but structural constraints limit market growth.

The Central Bank of Egypt approved regulations for its Digital Financial Identity Platform to enable remote bank account opening and digital financial services.

The Central Bank of Nigeria auctioned N700bn in Treasury Bills with 91, 182, and 364-day tenors to manage tightening liquidity.

The South African rand rose to 15.99 per dollar on August 21, 2026, boosted by higher gold prices and softer U.S. inflation data.

A CBK survey reveals Kenyan firms favored internal funds over bank loans in September 2025 due to high borrowing costs and strict credit conditions.

PwC forecasts Nigeria’s real GDP growth at 4.2% in H2 2026, citing oil production gains but warns of risks from rising food and energy costs.

Nigeria’s Ministry of Solid Minerals launched the EMERGE grant to fund early-stage mineral exploration and research projects nationwide.

The South African Reserve Bank kept the repo rate at 7% on July 25, 2026, citing inflation risks from volatile oil prices amid Middle East tensions.