Top 10 African countries with the strongest currencies in October 2026
When a , especially against the US dollar, there is an avenue for reducing the prices of goods and services that heavily impact the region’s overall economy
South African economy 5% bigger after rebasing, moving further ahead of Nigeria | CNBC Africa
(Reuters) – South Africa’s economy is estimated to be about 5% larger than previously reported after a benchmarking and rebasing exercise, its statistics agency said on Thursday, moving it further ahead of Nigeria as Sub-Saharan Africa’s biggest economy
$1b partnership to strengthen African banks’ trade finance capacity
Africa Finance Corporation (AFC) and Munich Re have signed a $1 billion risk-sharing programme to expand trade finance for African banks, aiming to ease liquidity constraints and support intra-African and international trade
African Union launches homegrown credit rating agency to challenge Moody’s, S&P and Fitch
The Africa Credit Rating Agency (AfCRA) will be launched in Port Louis, Mauritius, where it will be headquartered. The project has been nearly a decade in the making, with the African Union pushing since 2017 to establish a homegrown alternative to the major international rating agencies
10 African countries with the highest fuel prices in October 2026
The problem is particularly serious in countries that rely heavily on imported petroleum products
Only six African hospitals make global top 100 academic medical centres ranking
The ranking evaluates academic medical centres across three pillars: patient treatment, medical research, and education and training
10 African countries with the highest freedom scores, according to latest ranking
When people talk about freedom in Africa, the conversation often revolves around elections, political leadership and the right to speak out. But freedom goes beyond the ballot box. It also involves how easily people can do business, whether they can rely on the courts to protect their rights and how much room they have to…
African Black-Owned Businesses Face $209bn Funding Gap, Report Finds – MSME
The report, titled Understanding the Investment Gaps in Black-owned and -Led Businesses in Sub-Saharan Africa, examines the representation of black-owned and -led businesses, their financing needs and the barriers limiting their access to capital
West African leaders back Nigerian billionaire Tony Elumelu and Sierra Leone’s Bio to unlock $15bn investment pipeline
Elumelu, chairman of Heirs Holdings and co-chair of the West Africa Integration and Investment Summit (WAIIS), is working with regional stakeholders to identify projects for presentation to lenders ahead of the summit’s inaugural gathering in Sierra Leone in November, Bloomberg reported
Another African bank moves to join China’s yuan payment system as demand for direct settlements grows
Ecobank Group CEO Jeremy Awori told Reuters that the bank would sign an agreement to join China’s Cross-Border Interbank Payment System (CIPS) on Saturday in China