Egypt to overtake South Africa as Africa’s biggest economy on reform drive
Egypt is on track to overtake South Africa as Africa’s biggest economy by 2028, according to the International Monetary Fund’s...
- Friday, June 05, 2026
BusinessDay
Egypt is on track to overtake South Africa as Africa’s biggest economy by 2028, according to the International Monetary Fund’s...
….ranks fourth biggest MPR cutter Nigeria has lowered its benchmark interest rate by 50 basis points to 26.5 percent, marking...
Africa’s financial landscape is shifting as currency stability, easing global conditions and policy recalibrations reshape markets. Nigeria sits at the...
Kenya’s competition watchdog has fined Guaranty Trust Bank Kenya Limited, a Nigerian-headquartered commercial lender, KSh33.2 million for false and misleading...
…countries increasingly turn to multilateral lenders as debt risks persist African governments raised about $18 billion and €2 billion from...
Egypt’s full-year unemployment rate fell to its lowest level in at least a decade in 2025, signalling a gradual improvement...
…Nigerian stock market rally drives fortunes’ growth Nigeria’s stock market rally is boosting the fortunes of the country’s richest industrialists,...
…NGX up 34.4% in dollar terms …Analysts see more upside for undervalued stocks Nigeria is officially the best stock market...
African financial markets are entering the year on a more constructive footing, with sovereign borrowers returning to Eurobond markets, inflation...
Eurobond issuance from sub-Saharan African countries has opened 2026 at its strongest pace in more than a decade, as governments...