Finance

African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.

40 Years of Museveni: What Uganda Got and Lost

Yoweri Museveni has just won a seventh presidential term, extending 40 years in power. Uganda's poverty rate fell from 56…

Sudan Eyes 2,000 Tonnes to Reshape Gold Trade

Sudan is targeting 2,000 tonnes of verified gold reserves while pivoting exports from Dubai to Saudi Arabia, challenging decades of…

Kenya Inflation Falls to 4.3% in February

Kenya's annual inflation eased to 4.3 percent in February from 4.4 percent in January, driven by falling fuel and electricity…

South Africa’s Debt Crisis Has Peaked

Finance Minister Enoch Godongwana told Parliament that South Africa has turned a corner on debt, with the ratio expected to…