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, 2026Section
World
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
Zambia Arrests 11 Opposition Figures on 2026 Election Night
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 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
Nigeria Inflation Drops to 15.43 Percent in July 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 Jumps to US$95.4 Million as Coffee and Tech Deals Deepen
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 Widens Scrutiny of Small Tech Mergers
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