Topic
Inflation
Uganda Shilling Hits Record Low Near Shs4,250/$ as Central Bank Returns to Dollar Sales
The Uganda shilling fell to a record low near Shs4,250 per dollar, wiping out the gains from a 225-point rate hike. Why it is sliding and what comes next.
Nigeria Money Supply Jumps N7.5 Trillion in September to N146.6 Trillion
Nigeria money supply rose 5.4% in September to N146.6 trillion after a flat August, CBN data show. What drove the jump and what it could mean for inflation.
Ghana Cedi Steadies at GH¢11.61 After Losing 10% of Its Value in 2026
The Ghana cedi firmed to GH¢11.61 per dollar on the Bank of Ghana interbank market, but it is still about 10% weaker than at the start of 2026. Here is why.
South Africa Inflation Rises to 4.5% as Transport Costs Jump 10.8%
South Africa inflation rose to 4.5% in September from 4.4%, driven by a 10.8% jump in transport costs, keeping prices well above the SARB's 3% target.
Kenya GDP Growth Holds at 5.1% in Q2 2026 Despite $104 Oil
Kenya GDP growth reached 5.1% in Q2 2026, up from 4.9% a year earlier, as electricity, hotels and ICT outpaced farming. What it means for rates and the shilling.
Nigeria Inflation Falls to 14.63%, Its Lowest Since 2025, but Living Costs Still Bite
Nigeria inflation eased to 14.63% in September, the lowest since 2025, yet food inflation stayed near 19.6% and households say prices are still too high.
Brent at $110: Which African Economies Gain and Which Lose
Brent at $110 splits Africa in two. Nigeria and Angola gain export revenue while Kenya, Ghana and South Africa face higher fuel bills and inflation.
World Bank raises Sub-Saharan Africa's 2026 growth forecast to 4.3%
The World Bank now expects Sub-Saharan Africa to grow 4.3% in 2026, with upgrades for Nigeria, Angola, Ethiopia and Zambia. But inflation is rising and debt costs still bite.
BREAKING: IMF raises Nigeria’s growth forecast to 4.2%, acknowledges Nigerians are suffering
The IMF has lifted Nigeria’s 2026 growth projection to 4.2% and left the 2027 forecast at 4.3%. The Fund cited improved stability but warned that higher food and energy prices are deepening poverty and hardship for households.
African Central Banks Hold the Line as Inflation Shapes Rate Decisions
Nigeria, South Africa and Kenya kept their benchmark interest rates unchanged as policymakers balanced inflation risks against economic growth. The decisions highlight the different pressures facing three of Africa's largest economies.