Fed Rate Hold Hits Brazil’s Ibovespa Stock Index After Revolt
A rare 9-3 Fed rate decision hold with 3 hawkish dissents triggers a 1.5% Ibovespa drop as the dollar eases...
July 30, 2026Section
World
Angola Launches Studies for West-East Highway Megaproject
Angola signed a US$21 million deal for feasibility studies of a 1,300-km West-East highway linking Lobito port toward the DRC...
July 30, 2026
Mozambique Caps Foreign Card Payments at US$94,000 a Year
The Mozambique card payment limit caps overseas card spending at 6 million meticais (US$94,000) a year per holder as the...
July 30, 2026
Ethiopia Copies China’s Textile Park Model to Chase Export Jobs
Ethiopia has built seven textile industrial parks, with nine more planned, as Chinese firms finance and operate most of them...
July 30, 2026
Ghana Debt Distress Ends as IMF Exits Bailout with US$371M
The Ghana debt distress upgrade: the IMF moved the country to moderate risk and released a final US$371 million, closing...
July 30, 2026
West African Nation Benin Installs New Senate, Completing Reform
The Benin new Senate, a 25-member upper house, was installed on 30 July 2026, completing a constitutional reform that lengthens...
July 30, 2026
Senegal FDI Plunges to US$337 Million, Sounding Economic Alarm
The Senegal FDI collapse saw inflows sink to US$337 million in 2025, a near-90% drop, as a hidden-debt scandal and...
July 30, 2026
Dangote Signs Away a Third of His US$35 Billion Fortune
The Dangote philanthropy pledge commits a third of a US$35.1 billion fortune to his foundation, about US$11.7 billion, after four...
July 30, 2026
Afreximbank Raises US$1.5 Billion, Its Largest Bond Yet
The Afreximbank bond raised US$1.5 billion across two tranches, its largest ever, with orders peaking at US$3.8 billion six months...
July 30, 2026