Faye government faces deeper Moody’s Caa2 downgrade as Senegal economy oil cash meets hidden debt bill
Senegal economy faces a third Moody's downgrade, now to Caa2, as hidden debt and stalled IMF talks test investor confidence...
September 4, 2026Section
Latest News
Buying property in South Africa still means finding 50% cash under the long-standing mortgage cap
Buying property in South Africa means foreign buyers usually borrow only 50% of the price under a long-standing rule, so...
September 4, 2026
Tanzania economy faces post-vote test as VP Nchimbi quits after Samia’s landslide win
The Tanzania economy enters a delicate post-election phase after Vice President Nchimbi's 26 August resignation announcement, leaving investors watching policy...
September 4, 2026
Morocco economy braces for US$23bn World Cup debt hit as 2026 election looms
Morocco economy is tying its US$23bn World Cup build-out to public debt risks, making the 23 September election a key...
September 4, 2026
TotalEnergies Restarts Mozambique Gas as Insurgents Keep Killing Civilians
Mozambique's gas restart is under way after TotalEnergies lifted force majeure, but insurgents keep killing civilians and fiscal risks remain.
September 4, 2026
Ethiopia Economy Battles 161 Birr Dollar as IMF Lifeline Grows
Ethiopia economy has lost over half its birr value since the 2024 float, leaving foreign investors exposed to a 161...
September 4, 2026
Egypt Economy Awaits Next IMF Review as Pound Steadies Near 50.95
Egypt economy awaits its next IMF review as the pound trades near 50.95 per dollar, well off its March 2026...
September 4, 2026
Kenya’s IMF Test Comes Due as the Shilling Holds Near KSh 129.47
The Kenya economy awaits a new IMF programme after its last one lapsed in 2025, as the shilling holds near...
September 4, 2026
South Africa economy tests Ramaphosa before 4 November vote as GNU scrambles to deliver
South Africa's economy grew 1.1% in 2025 and unemployment hit 33.6% in Q2 2026, as the unity government scrambles to...
September 4, 2026
Sea Point One-Bed Rents Push Cost of Living Cape Town Above R18,000 a Month
The cost of living Cape Town expats face in 2026 is climbing as Sea Point one-bed rents top R18,000 a...
September 4, 2026
JSE Index Reclaims 116,000 as Miners Rally While Naspers and Prosus Drag
The JSE index closed at 116,687.82 on 3 September 2026 as gold and platinum miners rallied hard in August, while...
September 4, 2026
SARB Hikes to 7% as November Municipal Elections Test Rand Outlook Into 2027
SARB hiked the repo rate to 7% in May 2026 and held it there in July, as the 4 November...
September 4, 2026
Cost of Living Lagos Rent Hits ₦17.25 Million for an Ikoyi Two-Bedroom
Cost of living Lagos jumps as Ikoyi two-bedroom rent reaches ₦17.25 million (US$13,000) a year, meaning expats and investors face...
September 4, 2026
Naira Outlook Darkens as Central Bank of Nigeria Holds Benchmark Rate at 26.50 Percent
The naira outlook hinges on a narrowing official-parallel gap and record reserves, as Nigeria's central bank holds rates at 26.50...
September 4, 2026
Dangote Refinery Cuts Nigeria’s Petrol Import Bill by 96% in Early 2026
Tinubu's reforms are reshaping Nigeria's economy as the Dangote refinery cuts the petrol import bill by 96% in early 2026,...
September 4, 2026
The Colombian Peso Is Having Its Best Year in About a Decade
The Colombian peso has gained about 19% against the dollar in 2026, its best run in roughly ten years. Here...
September 4, 2026
Milei Made Inflation Boring; the Bill Is Still Coming
Milei's Argentina cut monthly inflation from 25% to low single digits — while household debt now touches nine in ten...
September 4, 2026
Chile Supplies a Quarter of the World’s Copper. July Was a Bad Month.
Chile mines about 23% of the world's copper, more than any other country. July output fell 9.4% after deadly storms,...
September 4, 2026
Keiko Fujimori’s First Five Weeks and Peru’s 21.6% Rally
Five weeks into her term, Keiko Fujimori has 60% approval, a market-friendly cabinet, and a Lima stock exchange up 21.6%...
September 4, 2026
Venezuela Sells Its Oil to Washington and Has No Cash
Venezuela's 2026 paradox: the Pentagon takes a 35% stake in an oil venture while 28 million Venezuelans run short of...
September 4, 2026