Global Economy Briefing — August 15, 2026
Global economy: Global stocks steady as cooler US inflation trims Fed hike odds, dollar softens and Brazil’s high-yield story stays...
August 15, 2026Section
World
China Pledges US$28 Million Grant to Nigeria as Ties Deepen
China has pledged a US$28 million grant to Nigeria for development projects, deepening diplomatic and financial ties between Beijing and...
August 15, 2026
Zambia Suspends Vote Count After Violence Hits Presidential Election
Zambia suspends vote count after violence against poll staff and ballot theft; the ECZ later resumed the count under heightened...
August 15, 2026
Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm
Absa Life Assurance Kenya sale confirmed: Absa Group offloads 63.32% stakes in two Kenyan insurers to a Mudavadi-linked firm for...
August 15, 2026
Kenya Treasury Projects Wider US$8.9 Billion Budget Deficit
Kenya's budget deficit is set to widen to about US$8.9 billion (KSh1.15 trillion) in 2026/27, as weak revenue and heavy...
August 15, 2026
Nearly Half of Young South Africans Are Not Working or in Training
The South Africa youth NEET rate reached 45.6 percent for people aged 15 to 34 in the first quarter of...
August 15, 2026
Uranium Found in DR Congo Cobalt Shipments to China, Report Says
A peer-reviewed study estimates uranium in DR Congo cobalt exports to China reached 2,000–5,000 tonnes between 2000 and 2024, prompting...
August 15, 2026
Inside the US$5 Billion Plan to Keep Africa’s Cotton Jobs in Africa
A US$5 billion cotton industrialisation plan backed by the WTO aims to process 25% of Africa's cotton locally and create...
August 15, 2026 Kenya Diesel Prices Fall as Petrol and Kerosene Hold Steady
Kenya diesel prices fell Sh5 per litre from August 15, 2026 while petrol and kerosene held steady, as EPRA cited...
August 15, 2026