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

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Macro & Economy

Kano cuts 2026 budget by N276 billion, cites FAAC revenue shortfall

Kano State has cut its 2026 budget by about N276 billion after FAAC receipts fell short. Here is what the numbers show, what happens to capital projects, and what to check in the revised budget.

4 min read

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Commodities

The new scramble for Africa (1): The minerals are African; the power is somewhere else

Africa holds a large share of the minerals the energy transition needs, and the US, China and others are competing for them. The value, however, is still mostly captured outside the continent. Part one of a series.

5 min read

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Investment Signals

Treasury Bills or a Money Market Fund? How to Compare the Returns

Treasury bills lock in a return when you buy, while money market funds move with rates. Here is how to compare them, including the discount-rate trap, with a worked example.

4 min read

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Investment Signals

Richemont in talks to join consortium's $1 billion bid for De Beers

Richemont, controlled by Johann Rupert, is in advanced talks to join a consortium bidding for De Beers, valued at about $1 billion. Here is what has been reported, what is unconfirmed, and why Botswana matters.

3 min read

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Macro & Economy

The fiat-to-crypto pipeline: How public funds bypass Nigeria’s financial safeguards

Public funds are allegedly moving through banks, fintechs and private firms into crypto wallets. Here is what the EFCC has said, what is still unknown, and where Nigeria's safeguards are weakest.

5 min read

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Weekly Pulse

WORLD IN BRIEF: Maduro denies torture charges, German airport seizes 92 reptiles, South Africa phases out support for imported vehicle kits

Maduro denies new US torture charges, Cologne customs seize 92 reptiles from a traveler's luggage, and South Africa moves to end support for imported vehicle kit assembly.

3 min read

Market Pulse Africa cover card for the mining productivity article, showing the headline and logo over a dark panel with a mining haul truck.
Commodities

Mining productivity stalls despite advances in automation and AI, says McKinsey

McKinsey says mining productivity stalled in 2025 despite more automation and AI. Here is what the Global Materials Perspective 2026 found, why the gains are uneven, and what it means for miners and investors.

5 min read

World in Brief cover card for the news roundup, showing the headline and logo over a dark navy panel with a world map.
Weekly Pulse

WORLD IN BRIEF: US inflation rises, Ukrainian drones hit Russia's largest data centre, Liberia offers 29 offshore oil blocks

US inflation rose to 3.7 percent in September, Ukrainian drones hit Russia's largest data centre, and Liberia opened a 29-block offshore oil licensing round.

3 min read

World in Brief cover card for the news roundup, showing the headline and logo over a dark navy panel with a world map.
Weekly Pulse

WORLD IN BRIEF: Pope Leo XIV diagnosed with lung cancer, ex-gang leader convicted for Tupac murder, Malawi fuel shortages disrupt transport

Pope Leo XIV has had lung surgery after a lung cancer diagnosis, a Las Vegas jury convicted Duane Davis in the Tupac Shakur killing, and Malawi's fuel shortage enters its second week.

3 min read

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Investment Signals

Entrepreneurs eye new growth opportunities at Arewa Business Festival

About 500 entrepreneurs are set to exhibit at the Arewa Business Festival. Here is what the event offers small businesses, how it links to northern Nigeria's economy, and what to verify before attending.

6 min read

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Weekly Pulse

About Market Pulse Africa: What We Cover and How We Report

Market Pulse Africa covers African equities, commodities, currencies, exchange indices, macroeconomics and investment signals. Here is what we publish, how we handle market data, and who it is for.

11 min read

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Investment Signals

Africa's Top Growth Markets for 2027: Where Investors Are Looking Now

The IMF expects sub-Saharan Africa to grow faster than the global average into 2027. Here are the markets leading the pack, what is driving them, and the risks investors should weigh.

7 min read