Nigerian Defence Startup Terra Industries Raises $52 Million Seed Round
Terra Industries seed round: the Abuja defence-tech startup closed US$52m across three tranches in 2026, one of Africa's largest early-stage...
August 18, 2026Section
Markets
Financial markets, economic analysis, and cryptocurrency coverage
US Report Flags Tanzania Fiscal Transparency Gaps Despite Some Progress
The 2026 US Fiscal Transparency Report says Tanzania still fails minimum standards, with no significant progress in 2025, despite earlier...
August 18, 2026
Cabo Verde Airlines cuts US flights during Rhode Island airport works
Cabo Verde Airlines will halve its Providence flights between 11 September and 16 October 2026 because of runway works at...
August 18, 2026
Chile Economy Shrinks 0.2% as Mining Slump Drags Down Growth
The Chile economy shrank 0.2% year-on-year in the second quarter of 2026 as mining and exports fell, though quarterly data...
August 18, 2026
First Abu Dhabi Bank Misr Posts Strong Profit Growth in Egypt
FABMisr profit growth: First Abu Dhabi Bank Misr's Egypt unit posted EGP 15.8 billion (about US$330 million) net profit in...
August 18, 2026
Kenya Charcoal Prices Hit 78-Month High, Squeezing Urban Households
Kenya charcoal prices hit Sh96.79, about US$0.75, per kilogramme in June 2026, a 78-month high squeezing low-income urban households hardest.
August 18, 2026
Nigeria’s Broadband Speed Jumps 155% as Fibre Connections Triple
Nigeria broadband speed jumped 155% to 34.47 Mbps by mid-2026, per Ookla, as fibre-to-the-premises connections roughly tripled since end-2024.
August 18, 2026
Standard Bank Leadership Shift Names Hodnett South Africa CEO
Standard Bank leadership shift: David Hodnett became South Africa CEO in October 2025 as Kenny Fihla left for Absa, refreshing...
August 18, 2026
South Africa Seeks US$2.2 Billion to Modernize Transnet Rail and Ports, Revive Exports
South Africa's Transnet modernization drive seeks about US$2.2 billion to upgrade freight rail and ports and revive coal and iron...
August 18, 2026