Africa Feed News

Sunday, May 17, 2026

KenGen Shares Surge 9% Amid Trading Halt and Youth Initiative

By Louis Schoeman, Financial Writer
2 min read
KenGen shares have defied a trading halt on the Nairobi Securities Exchange (NSE), surging nearly ...
2 days

Access Holdings Surges Past N1tn Profit, Fuels Nigeria Market Rally

By Louis Schoeman, Financial Writer
2 min read
Access Holdings has achieved a remarkable financial milestone, crossing the N1 trillion profit ma ...
2 days
Discovery Ltd, a key player in South Africa's financial landscape, is garnering attention as its ...
2 days

BAT Kenya Faces Leadership Shakeup Amid Record KSh 70 Dividend

By Louis Schoeman, Financial Writer
2 min read
British American Tobacco Kenya is navigating turbulent waters as it faces significant leadership ...
2 days

United Bank for Africa Surges 44% Amid Nigeria’s Banking Rally

By Louis Schoeman, Financial Writer
2 min read
United Bank for Africa (UBA) has captured the spotlight with a remarkable 44% surge in its stock ...
2 days

Capitec Surges 7% on Record Profit, Surprises JSE Traders

By Louis Schoeman, Financial Writer
2 min read
In a remarkable turn of events, Capitec Bank Holdings Ltd has surprised the Johannesburg Stock Ex ...
2 days

Kenya Airways Shares Soar 131% Amid Strategic Investor Buzz

By Louis Schoeman, Financial Writer
2 min read
Kenya Airways, a staple of the Nairobi Securities Exchange (NSE), has captured market attention w ...
2 days

GTCO Surges 4% as It Becomes First West African Firm on LSE

By Louis Schoeman, Financial Writer
2 min read
Guaranty Trust Holding Company (GTCO) has made history by becoming the first West African financi ...
2 days

Anglo American Restructures Amid BHP Bid Collapse, JSE Faces Volatility

By Louis Schoeman, Financial Writer
2 min read
In a dramatic turn of events, Anglo American plc finds itself in the spotlight as the company's r ...
2 days

Kenya GDP to Surge 4% by 2026 Amid Inflation Easing, CBK Vigilant

By Louis Schoeman, Financial Writer
2 min read
Kenya's economic landscape is set for a significant transformation as projections indicate a 4% G ...
2 days

Nigeria GDP Drops 2.5% as Inflation Squeezes Naira, IMF Warns of Risks

By Louis Schoeman, Financial Writer
2 min read
Nigeria's economic landscape is under significant pressure as the nation's GDP slumps by 2.5%, pr ...
2 days
South Africa's economy has posted its fastest growth in three years, yet underlying challenges su ...
2 days

NSE Tumbles KSh 96Bn Amid Volatile Trading; Traders Eye Resilience

By Louis Schoeman, Financial Writer
2 min read
The Nairobi Securities Exchange (NSE) witnessed a staggering KSh 96 billion drop, marking its sev ...
2 days

Nigerian Equities Surge $1B as NGX Hits N161tn Milestone

By Louis Schoeman, Financial Writer
2 min read
Nigeria's stock market has witnessed a remarkable surge, adding nearly $1 billion in value, as th ...
2 days

JSE Faces 10% Correction as Cell C Debuts Amid Market Volatility

By Louis Schoeman, Financial Writer
2 min read
South Africa's financial landscape is witnessing a significant shift as the Johannesburg Stock Ex ...
2 days

Kenya’s Stable Shilling Squeezes Banks as Forex Income Drops 16bn

By Louis Schoeman, Financial Writer
2 min read
Kenya's shilling stability has slashed top banks' forex income by Sh16bn, reshaping the financial ...
2 days

Naira Surges as CBN Maintains Interest Rates, Reserves Rise to $46.7bn

By Louis Schoeman, Financial Writer
2 min read
The Nigerian naira has seen a significant surge across foreign exchange markets, buoyed by the Ce ...
2 days

Rand Slumps as SARB Rate Hike Looms Amid Global Uncertainty

By Louis Schoeman, Financial Writer
2 min read
The South African rand has faced a significant decline as the anticipation of a rate hike by the ...
2 days
As FirstRand examines its global strategy and considers leaving the UK market as pressure from growi ...
3 days

Bamburi Cement Faces Competitive Pressure Amid Ownership Shakeup

By Louis Schoeman, Financial Writer
2 min read
Bamburi Cement, a leading player in Kenya's construction sector, is navigating a competitive land ...
3 days
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