Africa Finance in Brief: Gold Rally, Currency Gains and Banking Battles
Record gold prices, easing inflation in parts of the continent, firmer currencies and aggressive bank expansion are reshaping Africa’s macroeconomic...
- Tuesday, July 14, 2026
BusinessDay
Record gold prices, easing inflation in parts of the continent, firmer currencies and aggressive bank expansion are reshaping Africa’s macroeconomic...
Zimbabwe’s annual inflation rate fell to single digits in January for the first time since 1997, marking a significant milestone...
East Africa is rapidly emerging as the new battleground for Africa’s banking heavyweights, with Kenya at the centre of an...
The South African rand climbed to its strongest level against the US dollar in more than three years on Monday,...
Gold surged past $5,000 an ounce for the first time on Monday, extending a historic rally driven by geopolitical and...
African finance is being reshaped by a shift toward regional capital as global lenders retreat, with Nigerian and South African...
…records second-steepest decline among developing regions Africa struggled to attract Foreign Direct Investment (FDI) in 2025 as inflows fell by...
Zenith Bank, Nigeria’s second biggest lender by market value, has received approval from the Competition Authority of Kenya (CAK) to...
The World Economic Forum (WEF) will resume hosting its Africa summit in South Africa in April 2027, ending a seven-year...
Nedbank, one of South Africa’s biggest banking groups, has agreed to acquire a 66 percent stake in Kenya’s NCBA Group...