Egypt Sets New Rules for Short Selling on the EGX Stock Exchange
Short selling on the EGX has a new rulebook: Egypt's regulator set 150% cover, a 40% free-float ceiling and an...
August 20, 2026Section
Latest News
Choose your feed
A.P. Moller Capital Agrees to Buy Control of a Moroccan Logistics Group
A.P. Moller Capital has agreed to buy control of Globex Investissement, a Moroccan logistics group, in a deal that still...
August 20, 2026
Egypt’s El Gouna Film Festival Names Ten Films, Led by Berlin’s Golden Bear
El Gouna Film Festival named the first ten titles of its ninth edition, running 15-23 October on Egypt's Red Sea...
August 20, 2026
Republic of the Congo Oil Contracts Lock In a US$90 Windfall Trigger
Republic of the Congo oil contracts get a single US$90-a-barrel windfall trigger for their full term, under four bills approved...
August 20, 2026
Exxon Commits US$1.1 Billion to Mozambique’s Rovuma LNG Before Final Decision
ExxonMobil and its Area 4 partners have awarded about US$1.1bn in pre-investment contracts for Rovuma LNG in Mozambique, before any...
August 20, 2026
Nigeria Cement Prices Probed as Regulator Summons the Biggest Producers
Nigeria cement prices rose from about US$7 a bag in January to as much as US$11 by July. The FCCPC...
August 20, 2026
Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in One Day
The Ethiopia birr fell to a record low near 162 per dollar, and the central bank called a US$500m special...
August 20, 2026
Kenya’s KCB Opens a Five-Year Green Bond Programme in October
The KCB sustainability bond programme is worth up to KSh300 billion over five years, with a first tranche of up...
August 20, 2026
Nigeria Shuts an Insurer That Could Not Raise Enough Capital
NAICOM revoked the Universal Insurance licence after the company missed Nigeria's new minimum capital requirement. A liquidator was appointed the...
August 20, 2026
Ecobank Shrinks Its Board and Drops the Term Limit for Directors
The Ecobank ETI board falls from 15 seats to 12, and the nine-year cap on non-executive directors is gone. Shareholders...
August 20, 2026
Payment Failures at Ghana’s Ports Are Driving Up Import Costs
Ghana port payment failures are stranding containers and adding demurrage charges. Importers say the state platform and its bank links...
August 20, 2026
Liberia Will Take 1,200 Deportees from the US, Starting Today
Liberia agreed to accept up to 1,200 foreign deportees from the United States. The first group of 20 is due...
August 20, 2026
Museveni Says Uganda Is Middle-Income, the World Bank Says Not Yet
Uganda middle-income status is disputed. The World Bank's July 2026 classification still lists Uganda as low income, about US$56 short...
August 20, 2026
A Nigerian Startup Lets You Cash Out Crypto Inside WhatsApp
MYPADI AI has built a WhatsApp crypto off-ramp for Nigeria, turning stablecoins into naira inside a chat. Nigeria is a...
August 20, 2026
Africa’s Nuclear Plans Lack the People to Run Them, Ghana Warns
A nuclear workforce shortage threatens Africa's reactor plans, Ghana's atomic agency says. Building a plant takes a decade; training staff...
August 20, 2026
Ghana’s Cedi Rallied 7% in a Week. Street Rates Barely Moved
The Ghana cedi gained about 7 percent against the dollar in a week on the interbank market. The rate people...
August 20, 2026
Only a Fifth of Absa Kenya Shareholders Took the US$239m Offer
Absa Bank Kenya minority holders took up barely a fifth of a US$239 million tender offer. The parent had wanted...
August 20, 2026
US Tariffs Cut South African Car Exports by 83% in One Year
South African vehicle exports to the US fell 83 percent after a 25 percent tariff landed. AGOA duty-free access no...
August 20, 2026
Why Senegalese Pilgrims Travel to a Forest Clearing in Gabon
The Cheikh Amadou Bamba exile site in Gabon draws Senegalese pilgrims each year. It marks a colonial deportation that backfired...
August 20, 2026
Tanzania and Congo Bet on One Rail Route to Move Their Minerals
The Central Corridor is the rail and road route from Dar es Salaam to the Congolese copper belt. Both governments...
August 20, 2026