What to know about Ethiopia’s new FX reform taking effect today
Ethiopia has unveiled sweeping amendments to its foreign exchange framework, marking one of the country’s most consequential financial liberalisation moves...
- Friday, June 05, 2026
BusinessDay
Ethiopia has unveiled sweeping amendments to its foreign exchange framework, marking one of the country’s most consequential financial liberalisation moves...
Nigeria’s expanding entertainment and cultural industries are strengthening the country’s global influence, lifting its international standing to the highest level...
US equity markets are moving more money than ever, with daily share turnover surpassing $1 trillion even as volatility remains...
Egypt’s inflation slowed to its lowest level since September, strengthening expectations of another interest rate cut later this week as...
Africa’s major economies entered 2026 with tentative signs of macroeconomic stabilisation, as slowing inflation, improving currencies and policy reforms begin...
Kenya’s central bank reduced its benchmark interest rate by 25 basis points to 8.75 percent on Tuesday, marking the tenth...
The profitability of banks in Nigeria and Egypt is expected to decline as interest rates fall and inflation stabilises, while...
Uganda remained Africa’s top-ranked economy on the Purchasing Managers’ Index (PMI) for a second consecutive month in January, even as...
….holdings hit $268 billion as domestic capital base expands South Africa continues to dominate Africa’s institutional investment landscape, with combined...
Some of Africa’s biggest economies opened 2026 on a cautiously positive footing, with January data pointing to easing inflation, stabilising...