28 Jan, 2026

Flood effects could result in reversal of inflation drop in Mozambique: analysts

Mozambique’s central bank trimmed its main interest rate by 25 basis points to 9.25% in a decision announced on Wednesday, but flood effects could reverse the drop in inflation pattern.

2026 01 21t173414z 1973500154 rc2s5jaepeid rtrmadp 3 mozambique floods main

27 Jan, 2026

Meta, TikTok, YouTube face landmark trial over child safety, addiction

Los Angeles jury trial could set a precedent for thousands of similar lawsuits and redefine how far tech companies’ legal protections extend when children are harmed.

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26 Jan, 2026

Gold hits record high of over $5,000 per ounce amid geopolitical tensions

Demand for safe-haven assets boosted market jitters over US foreign policy moves and worldwide risks

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23 Jan, 2026

Ghana to begin local gold refining under new GoldBod agreement

Ghana has long exported almost all its gold in raw form despite having refinery capacity in the sub-region.

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21 Jan, 2026

South Africa’s Nedbank to buy majority stake in Kenya’s NCBA for $856 million

South Africa’s Nedbank Group said on Wednesday it has offered to buy a 66% stake in Kenya’s NCBA Group in a cash-and-stock deal for 13.9 billion rand ($855.5 million) as part of the lender’s ambitions to expand in East Africa.

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21 Jan, 2026

US company secures $150m funding for Zimbabwe gold mine

Caledonia is also arranging a $150 million funding facility with a consortium of Zimbabwean and South African banks.

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21 Jan, 2026

Botswana warns diamond oversupply harms economy

The downturn has been compounded by softer buying in the United States and China.

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18 Jan, 2026

Libya devalues dinar by 14.7%, second cut in less than a year

Libya’s central bank announced a 14.7% devaluation of the dinar on Sunday, setting the exchange rate at 6.3759 to the U.S. dollar, the currency’s second such adjustment in less than a year,

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15 Jan, 2026

Nigeria enters consolidation phase after two years of reforms, finance minister says

Nigeria has entered a phase of economic consolidation after two years of reforms that helped steady inflation, stabilise the currency and lift investor confidence, Finance Minister Wale Edun said on Thursday.

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13 Jan, 2026

South Africa welcomes US House approval of AGOA renewal

South Africa’s government has welcomed the approval by the United States’ House of Representatives of a bill that would renew Washington’s preferential trade programme for Africa for another three years.

2025 12 12t074227z 1 lynxmpelbb0be rtroptp 3 safrica politics main
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