Tracking African financial markets, commodity flows, and investment signals — every week.

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Macro & Economy

GDP, inflation, central bank decisions, sovereign debt, and what the World Bank and IMF are publishing about African economies.

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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

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