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, 2026Africa’s capital markets are deepening fast – from the Johannesburg, Nairobi and Lagos exchanges to a fintech boom banking hundreds of millions of people for the first time. The Rio Times follows the currencies (the rand, naira, cedi and shilling), the banks and IPOs, sovereign debt and the foreign capital arriving on increasingly local terms. We cover it through the same investor lens we bring to Latin America, where the emerging-market playbook is strikingly similar. This hub gathers our Africa markets and investment coverage.
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
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
Zambia opposition arrests: the government alleges an election-night insurrection plot; opposition leader Brian Mundubile calls it an assassination attempt.
August 18, 2026
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's Transnet modernization drive seeks about US$2.2 billion to upgrade freight rail and ports and revive coal and iron...
August 18, 2026
Nigeria inflation drops to 15.43 percent in July 2026 from 15.91 percent in June, the National Bureau of Statistics reported,...
August 18, 2026
Uganda-Vietnam trade reached about US$95.4 million in 2025, up from US$22.1 million in 2024, driven by coffee exports and new...
August 18, 2026
South Africa's Competition Commission is using 2022 digital-market guidelines to review small tech mergers even when formal thresholds are not...
August 18, 2026
Uganda's parliament approved the Uganda Gaza mission on 6 August 2026, a deployment tied to Kampala's bid for the UN...
August 18, 2026