Africa Feed News

Thursday, May 14, 2026

Kenya GDP to Surge 4% by 2026 as Inflation Eases, CBK Vigilant

By Louis Schoeman, Financial Writer
2 min read
Kenya's economy is set to experience significant growth, with a projected 4% GDP surge by 2026, d ...
1 hour

Nigeria GDP Slumps 2.5% as Inflation Pressures Naira

By Louis Schoeman, Financial Writer
2 min read
Nigeria's economy is facing a critical juncture as the nation's GDP plunges 2.5%, exacerbated by ...
1 hour

South Africa GDP Surge Masks Long-Term Growth Concerns

By Louis Schoeman, Financial Writer
2 min read
South Africa's economy has posted its fastest growth in three years, yet underlying concerns abou ...
1 hour

NSE Faces KSh 96Bn Plunge Amid Rising Women Investors

By Louis Schoeman, Financial Writer
2 min read
The Nairobi Securities Exchange (NSE) has experienced a dramatic KSh 96 billion drop, marking its ...
3 hours

Nigerian Stocks Jump $1bn as NGX Hits Record Highs Amid Oil Rally

By Louis Schoeman, Financial Writer
2 min read
Nigeria's stock market experienced a remarkable surge, gaining nearly $1 billion in a single day ...
3 hours
South Africa's Johannesburg Stock Exchange (JSE) is bracing for a significant downturn, potential ...
3 hours
The Kenya shilling has shown remarkable stability despite fluctuating Treasury bill rates, as the ...
5 hours

Naira Surges as CBN Reserves Hit $46.7bn, Policy Reforms Show Impact

By Louis Schoeman, Financial Writer
2 min read
The Nigerian naira has made a significant recovery against the dollar, bolstered by the Central B ...
5 hours

Rand Slumps 1% as SARB Rate Hike Looms Amid Global Volatility

By Louis Schoeman, Financial Writer
2 min read
The South African rand has taken a hit, dropping 1% as anticipation builds around a potential Sou ...
5 hours
Karooooo reported record revenue and strong cash flow growth for FY2026, although the company’s shar ...
13 hours
Eskom and Energy Vault have announced a strategic partnership to deploy gravity-based energy storage ...
13 hours

JSE Top 40 Surges 0.66% to 109,903 – Is 111,336 Breakout Coming?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
2 min read
On May 13, 2026, the FTSE/JSE Top 40 Index is at 109,903.5 ZAR, and currently trading at +0.66% dail ...
18 hours

KCB Group Acquires Pesapal Stake, Shakes Up Kenya’s Finance Sector

By Louis Schoeman, Financial Writer
2 min read
KCB Group has made a strategic move by acquiring a minority stake in Pesapal, a leading payments ...
19 hours

Airtel Africa Surges 10% as Nigerian Stock Market Gains Momentum

By Louis Schoeman, Financial Writer
2 min read
Airtel Africa has surged by 10% on the Nigerian Stock Exchange, reflecting its significant influe ...
19 hours

MTN Group Warns of Middle East Impact, Shares Slide 4.1% on JSE

By Louis Schoeman, Financial Writer
2 min read
MTN Group, a major player on the JSE, has seen its shares tumble by 4.1% as the company issues wa ...
19 hours

Equity Group Surges Past KSh 250B Mark Amid Market Rally

By Louis Schoeman, Financial Writer
2 min read
Equity Group Holdings has achieved a significant milestone, crossing the KSh 250 billion market v ...
21 hours

MTN Nigeria Faces Ownership Debate Amid Market Rally

By Louis Schoeman, Financial Writer
2 min read
MTN Nigeria, a major player in the telecommunications sector, finds itself at the heart of a new ...
21 hours

Prosus Shares Slide 5% Amid JSE Volatility, Despite Strong Earnings

By Louis Schoeman, Financial Writer
2 min read
Prosus, one of South Africa's largest listed stocks, recently experienced a 5% slide in its share ...
21 hours

Safaricom Sparks KSh 113Bn Rally on NSE with Ziidi Trader Launch

By Louis Schoeman, Financial Writer
2 min read
Safaricom's latest innovation has set the Nairobi Securities Exchange (NSE) ablaze, with its new ...
23 hours

Naspers Jumps 5% on Share Split Amid JSE Volatility

By Louis Schoeman, Financial Writer
2 min read
Naspers Limited (JSE:NPN), one of South Africa's tech behemoths, saw its stock surge by 5% follow ...
23 hours
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