Economy
Central Bank of Nigeria Cuts Benchmark Rate by 350 Basis Points as Inflation Eases to 15.39%
Nigeria's headline inflation eased for a third straight month to 15.39% in August 2026, prompting the Central Bank of Nigeria to cut its benchmark rate by 350 basis points.
Huawei Unveils AI-Powered Green Logistics Hub in Johannesburg
Huawei has launched a new AI-driven smart warehouse in Johannesburg, its first logistics facility of its kind on the African continent, combining solar energy, intelligent security systems, and fully automated operations.
AfCFTA Moves From Ambition to Implementation
The African Continental Free Trade Area continues to move from ambition to implementation, with incremental progress on rules of origin and payments infrastructure.
Egypt, the IMF and the Politics of Currency Adjustment
Egypt's continued engagement with the IMF and the management of its currency remain the defining story of North Africa's largest economy.
Kenyan Shilling Stability Gives Central Bank Room to Maneuver
The Kenyan shilling's relative stability has given the Central Bank of Kenya room to navigate monetary policy with a steadier hand, anchoring a recovery.
World Bank: African Inflation Set to Rise to 4.8% in 2026 on Middle East Spillovers
Median inflation across Africa fell to 3.7% in 2025 but is projected to rise to 4.8% in 2026, largely due to spillovers from the Middle East conflict, the World Bank reports.