Africa Feed News

Friday, May 1, 2026

Kenya’s NSE Rises 2% as Women Investors Propel Market Shift

By Louis Schoeman, Financial Writer
2 min read
The Nairobi Securities Exchange (NSE) witnessed a notable 2% rise this week, as women investors i ...
21 minutes

NGX Gains N3.2tr Amidst Bonus Share Issue as Market Climbs 44% in 2023

By Louis Schoeman, Financial Writer
2 min read
In a year marked by economic challenges, the Nigerian equities market has surprised many with its ...
23 minutes

JSE Slumps as Rand Wobbles; Over R2trn Wiped Out Amid Fed Anxiety

By Louis Schoeman, Financial Writer
2 min read
The Johannesburg Stock Exchange (JSE) has taken a significant hit, with over R2 trillion wiped ou ...
25 minutes

JSE Top 40 Rebounds 1.16% to 107,229 – Can Bulls Break 108,000 or Face 105,000 Test?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
2 min read
As of May 1st, 2026 (morning trading) the FTSE/JSE All Share Index closed at 115,181 on April 30th - ...
29 minutes
The Kenyan shilling holds its ground as Treasury bill rates decline, while foreign exchange reser ...
2 hours

Naira Surges 2% as CBN’s New FX Strategy Boosts Market Confidence

By Louis Schoeman, Financial Writer
2 min read
The Nigerian naira has surged by 2% against the US dollar, thanks to the Central Bank of Nigeria' ...
2 hours

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

By Louis Schoeman, Financial Writer
2 min read
The South African rand has tumbled 1% as anticipation builds over the South African Reserve Bank' ...
2 hours

BAT Kenya Faces Leadership Shift After Record Dividend Payout

By Louis Schoeman, Financial Writer
2 min read
BAT Kenya is navigating a significant leadership shift following a record-breaking dividend payou ...
16 hours

UBA Stock Rallies 44% Despite Banking Sector Headwinds in Nigeria

By Louis Schoeman, Financial Writer
2 min read
United Bank for Africa (UBA) is making waves in the Nigerian stock market, defying sector-wide ch ...
16 hours
Capitec Bank's shares surged 5% after the bank announced a record dividend, significantly surpass ...
16 hours

Kenya Airways Stock Surges 70% Amid Strategic Investor Speculation

By Louis Schoeman, Financial Writer
2 min read
Kenya Airways shares have taken flight, surging 70% on the Nairobi Securities Exchange amid repor ...
18 hours
Guaranty Trust Holding Company (GTCO) has made history as the first West African financial instit ...
18 hours

Anglo American Surges 4% as Canadian Merger Clears Key Hurdle

By Louis Schoeman, Financial Writer
2 min read
Anglo American's stock price surged by 4% today, boosted by news of its approved merger with Teck ...
18 hours

Bamburi Cement Stock Faces Volatility Amid Tanzanian Tycoon Stake Bid

By Louis Schoeman, Financial Writer
2 min read
Bamburi Cement, a leading name in Kenya's construction sector, is currently navigating a wave of ...
20 hours

Zenith Bank Valuation Hits $3.9 Billion Amid Nigeria’s Banking Surge

By Louis Schoeman, Financial Writer
1 min read
Zenith Bank has captured the spotlight as its valuation soared to $3.9 billion, marking a signifi ...
20 hours

FirstRand Jumps 5% as JSE Traders React to UK Exit Strategy

By Louis Schoeman, Financial Writer
2 min read
FirstRand's decision to exit the UK market has sent ripples through South Africa's financial land ...
20 hours

Kenya GDP Set to Surge 4% by 2026, Easing Inflation Boosts Markets

By Louis Schoeman, Financial Writer
2 min read
Kenya's economic trajectory is on an upward curve as projections indicate a significant 4% GDP gr ...
22 hours

Nigeria’s GDP Faces Downturn Amid Inflation and Trade Challenges

By Louis Schoeman, Financial Writer
2 min read
Nigeria's economic landscape is at a critical juncture as inflationary pressures and trade defici ...
22 hours

South Africa GDP Surge Faces Skepticism Amid Resilience Concerns

By Louis Schoeman, Financial Writer
2 min read
South Africa's recent GDP surge has sparked both optimism and skepticism, as stakeholders debate ...
22 hours

NSE Sees 96Bn Loss Amid Gender Shift in Investor Base

By Louis Schoeman, Financial Writer
2 min read
The Nairobi Securities Exchange (NSE) recently experienced a substantial KSh 96 billion loss, mar ...
1 day
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