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Construction cranes and mid-rise office buildings form a South African city skyline at dusk, with a gently rising line graph overlaid low in the frame.
Investment Signals

: South Africa's Economy Shows Tentative August Recovery After Tough Second Quarter

South Africa's economy showed tentative signs of recovery in August, though rising oil prices threaten to complicate the outlook.

4 min read

A softly lit East African city skyline at dusk with a faint mobile network signal icon and a market graph dipping then recovering overlaid in the sky.
Commodities

Kenyan Court Blocks Vodacom's $2.1bn Safaricom Stake Sale, Shares

A Kenyan court has struck down Vodacom's $2.1bn Safaricom stake purchase, reopening a long-running legal battle over the deal.

5 min read

An offshore oil production vessel sits on calm ocean water at golden hour, with a faint upward-trending investment graph overlaid on the sky.
Commodities

TotalEnergies Commits $10 Billion to Angola as It Bets on Deepwater

TotalEnergies has pledged $10 billion for Angola oil projects over five years — a major signal of confidence in African upstream energy.

5 min read

An African business executive stands before a stock exchange ticker board displaying an upward market trend, with oil refinery towers silhouetted at sunset in the background.
Macro & Economy

Dangote Refinery IPO: Africa's Biggest Share Sale Opens on the NGX

The Dangote Refinery IPO has opened on the NGX in Africa's biggest-ever share sale — here's what the $49bn listing means for investors. Image ALT text: An African business executive stands before a stock exchange ticker board displaying an upward market trend, with oil refinery towers silhouetted at sunset in the background. Caption: Dangote Petroleum Refinery's N2.15 trillion share offer opened o

7 min read

xterior view of the Douala Stock Exchange building in Cameroon's economic capital.
African Equities

DSX Emerging Dynamics: How Liquidity Bottlenecks Restrict Cameroonian Corporate Debt Issuances

The Douala Stock Exchange remains the smallest of Central Africa's listed markets, and thin secondary trading is now the binding constraint on how much corporate debt issuers can realistically raise there. Here's why liquidity — not appetite — is the real ceiling on Cameroon's bond market.

3 min read

Cocoa pods and beans representing rising cocoa prices and their impact on West and Central African producers.  Caption
Commodities

Cocoa Rebounds: What Higher Prices Mean for West and Central African Producers

Cocoa prices climbed around 3.18% to approximately $5,719 per tonne, bringing fresh attention to the economic impact on West and Central Africa's major producing countries. But the key question is not simply whether cocoa prices are rising — it is who ultimately captures the gains.

6 min read

Oil barrels and a falling crude price chart representing lower global oil prices and their impact on African economies.
Macro & Economy

Oil Falls More Than 5% This Week: What Lower Crude Prices Mean for African Economies

Brent crude fell more than 5% this week, creating contrasting consequences across Africa. Oil-producing economies face pressure on government revenues and foreign exchange, while importing countries could benefit from lower fuel and transport costs.

5 min read

Dangote Refinery in Nigeria representing its planned $5 billion IPO and crude supply challenges.
Macro & Economy

Dangote Refinery's $5bn IPO: The Crude Supply Problem Investors Are Watching

Dangote Refinery is targeting a landmark $5 billion IPO, potentially making it Africa's largest-ever stock market listing. But as investors assess the opportunity, the refinery's reliance on imported crude remains a critical issue for margins and valuation.

4 min read

Since 2023, Evans Kongnyuy has trained more than 50 students in data analysis and supported over 100 students with research, academic writing and mentorship, combining statistical
Macro & Economy

Evans Kongnyuy and the Rise of Data Analysis Training in Cameroon

Since 2023, Evans Kongnyuy has trained more than 50 students in data analysis and supported over 100 students with research, academic writing and mentorship, combining statistical tools with emerging AI technologies.

9 min read

Cocoa pods and beans with export ships and commodity charts representing West Africa's cocoa supply chain.
Commodities

Cocoa & Agricultural Exports: West Africa's Supply Crisis Reshapes Global Trade

Cocoa prices surged 9.44% after Ghana projected lower production for the 2026/27 season, raising fresh concerns over global supply. The developing supply crisis in West Africa is increasing pressure on manufacturers, exporters and agricultural supply chains.

2 min read

African currencies including the Nigerian naira, South African rand and Kenyan shilling displayed with forex charts and financial market data.
Currencies & Forex

African Forex Watch: Naira Stabilises, Rand Under Pressure, Shilling Steady

African currencies showed divergent trends in early August, with the Nigerian naira stabilising, the South African rand facing pressure and the Kenyan shilling remaining relatively steady. Here's what the latest currency movements mean for businesses, trade and investors across Africa.

2 min read

Nairobi Securities Exchange illustration showing Kenyan stock charts, trading screens and the Nairobi skyline.
Exchange indeces

Nairobi NSE Market Brief: Kenyan Stocks Steady Ahead of CBK Decision

Kenya's stock market traded mixed in early August as investors prepared for the Central Bank of Kenya's monetary policy decision. The NASI gained 0.50%, while the NSE 20 and NSE 10 indices declined.

1 min read