Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
SA diesel hits R32 in historic fuel price shock
South Africa's diesel price surged R6.19 per litre from May 6, pushing both grades past R32 for the first time…
Hormuz ceasefire fractures as Brent hits $114
Brent crude surged 5.8% to $114.44 on May 4, its highest 2026 close, after Iran launched drones and missiles at…
Flutterwave opens Africa payment rails to the world
Flutterwave and Yuno announced a partnership on April 28 that gives global merchants single-API access to African payment rails across…
Angola’s $107 oil windfall meets SA’s supply crisis
Angola's 2026 budget used a $61 oil reference price; Brent is at $107, generating roughly $50 million per day in…
