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, 2026Section
World
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
Sudan Says It Is Ready to Buy Kenyan Tea Again
Sudan's ambassador says the Sudan tea market is ready to reopen to Kenya. No decree has been published, and 207...
August 20, 2026
Morgan Stanley Bets Bigger on Morocco as Factory Exports Jump
Morgan Stanley Morocco exposure is rising as the country's factory exports climb. Cars and aerospace now outsell phosphates, its traditional...
August 20, 2026
Central Africa Licences Its First Credit Rating Agency
The CEMAC credit rating licence went to Geneva Investment Corporation on 7 August. It is the first ever granted in...
August 20, 2026
South Africa’s Unemployment Rate Climbs to 33.6% in the Second Quarter
South Africa unemployment rose to 33.6 percent in the second quarter, up 0.9 points. On the wider measure that counts...
August 20, 2026