Uganda Says Private Credit Must Rise 17-Fold for a US$500 Billion Economy
Uganda says private credit must rise to Shs490 trillion (about US$128 billion) by 2040 to build a US$500 billion economy,...
September 21, 2026Section
Markets
Financial markets, economic analysis, and cryptocurrency coverage
Nigeria’s Business Lending Rate Falls to 29.2 Percent, Lowest in 2026
Nigeria's average maximum lending rate to businesses fell to about 29.2 percent in August 2026, the lowest this year, but...
September 21, 2026
Bitcoin Holds US$81,143 as Stablecoins Rule LatAm Crypto
Bitcoin closed at US$81,143 on Sunday, September 20, 2026, down 0.11%, while Ethereum rose 0.42% to US$2,643. Latin America still...
September 21, 2026
South Africa’s Isibaya Fund Lost US$1.1 Billion
South Africa’s PIC lost about US$1.1 billion (R18.2bn) of GEPF pension money on 23 unlisted Isibaya deals. What the parliamentary...
September 21, 2026
Singapore’s Banyan Group to Buy 70% of South African Safari Group Newmark
Banyan Group has agreed to buy a majority stake in Cape Town-based Newmark Hotels & Reserves, valuing the safari operator...
September 21, 2026
Oriole Sells Turkish Royalty to Fund Its Mbe Gold Project in Cameroon
Oriole Resources is selling a Turkish royalty for US$1.2 million to fund its Mbe gold project in Cameroon, where it...
September 21, 2026
Morocco’s SAMIR Refinery: How the Kingdom Lost Its Only Oil Refinery
Morocco's only oil refinery, SAMIR, has been idle since 2015, leaving the kingdom to import all its fuel. What went...
September 21, 2026
Mali Junta Holds Crisis Meeting as Jihadist Attacks Surge in the Centre
Mali's junta leader Assimi Goïta held a crisis meeting after jihadists killed about 100 soldiers at Dioura and struck the...
September 21, 2026
Nigeria Earmarks Upper 6GHz Band to Ease Mobile Network Congestion
Nigeria's telecom regulator has earmarked the upper 6GHz band for mobile networks, a key step to ease congestion in Africa's...
September 21, 2026