Nigeria Naira Dollar Parallel Market Hits 1,407 per US$
Nigeria's naira weakened to about 1,407 per US dollar on the parallel market, extending mild slippage as traders awaited the...
July 28, 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.
Nigeria's naira weakened to about 1,407 per US dollar on the parallel market, extending mild slippage as traders awaited the...
July 28, 2026
Six worker deaths force Impala Platinum to suspend its Rustenburg complex, which employs 51,500 and produces nearly half its output,...
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A cryptocurrency fraud wave via the WS platform wiped out savings in Cape Verde, with one victim losing €4,000. West...
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President Ramaphosa accepted the immediate resignation of IDAC head Andrea Johnson on 27 July 2026, ending her tenure amid a...
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Côte d’Ivoire activated a sovereign public key infrastructure on 23 July 2026, anchoring digital signatures, e-government and secure transactions under
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South Africa confirms slain man is Ghanaian tailor Bashiru Isak, not a local extortion victim, after a fatal shooting in...
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LemFi and BVNK partner to shift diaspora remittance settlement onto stablecoin rails, cutting costs for Kenya's US$4 billion corridor and...
July 27, 2026
The World Bank cut Kenya’s 2026 growth forecast to 4.3 percent from 4.9 percent, citing the Middle East conflict, rising...
July 27, 2026
Africa's aggregate growth is projected to outpace Asia for the first time in recent history by 2026, driven by East...
July 27, 2026