World’s largest economy loses ground as Africa’s largest economy records $2.14 billion trade surplus despite 28% drop in exports to the U.S.
A joint quarterly report published by AgriCulture South Africa (AgriSA) and the Agricultural BusinessChamber (Agbiz) shows that overall agricultural exports grew 9.1% year-on-year to $4.12 billion, while imports rose 6.4% to $1.98 billion
Ethiopia loses East Africa’s largest economy title to Kenya, falling $24 billion behind in latest rankings
According to the International Monetary Fund’s (IMF) October 2026 World Economic Outlook, Kenya’s gross domestic product (GDP) stood at $135.92 billion in 2025, surpassing Ethiopia’s $126.35 billion by $9.57 billion
Nigeria loses another mobility giant as Moove exits weeks after Uber despite its $2.1 billion valuation and Waymo-backed US expansion
Under the exit arrangement, eligible drivers will receive full ownership of vehicles worth more than ₦35 billion ($23.3 million), while Moove said more than 9,000 customers have used its Drive-to-Own and rental products in Nigeria
Africa’s fifth-largest gold producer loses key European market as EU sanctions hit $12.7 billion industry
The ban, which took effect on September 10, brings Switzerland into line with European Union sanctions introduced in July and covers Sudanese gold shipped directly from the country or routed through third countries
Africa’s third-richest billionaire loses over $1 billion as Nigerian stocks suffer biggest rout of 2026
According to the Bloomberg Billionaires Index, Rabiu’s net worth fell by $1.02 billion on Wednesday to $16.4 billion, after shares of BUA Cement declined by the maximum daily limit of 10%