Africa Feed News

Tuesday, June 2, 2026
Sasol’s recent volatility reflects shifting crude oil prices, growing analyst caution, and structura ...
2 hours

Societe Generale Ghana Reports $25.6M Profit Amid GSE Surge

By Louis Schoeman, Financial Writer
2 min read
Societe Generale Ghana's impressive $25.6 million profit report aligns with a historic upswing in ...
8 hours

Enat Bank Surges 4.5% as Ethiopia’s ESX Announces New Directors

By Louis Schoeman, Financial Writer
2 min read
Enat Bank's stock surged 4.5% this week, marking a significant uptick after the Ethiopian Securit ...
8 hours
Airtel Congo's recent launch of an AI-powered anti-spam service has captured the attention of inv ...
8 hours

Diamond Trust Bank Kenya Exits Burundi, Stock Rallies Amid Market Shift

By Louis Schoeman, Financial Writer
2 min read
Diamond Trust Bank Kenya's strategic exit from its Burundi subsidiary has sparked significant int ...
8 hours

International Breweries Surges 10% as FY Profit Hits N50.91bn

By Louis Schoeman, Financial Writer
2 min read
International Breweries Plc has become the toast of the Nigerian stock market, as its shares surg ...
8 hours

Nedbank Faces Earnings Slump as Institutional Investors Hold Steady

By Louis Schoeman, Financial Writer
2 min read
Nedbank Group Limited, one of South Africa's financial stalwarts, is set to experience a signific ...
8 hours

CAL Bank Stock Surges 156% Amid Strong Q1 Results, Boosts GSE

By Louis Schoeman, Financial Writer
2 min read
CAL Bank's stellar performance in the first quarter of 2026 has sent ripples through the Ghana St ...
10 hours

Abay Bank Joins ESX: Ethiopian Banks Rally Amid Market Reforms

By Louis Schoeman, Financial Writer
2 min read
Abay Bank's registration with the Capital Market Authority as it prepares to list on the Ethiopia ...
10 hours

MTN Congo Faces Market Scrutiny as MTN Group Plans $309M Bond Issue

By Louis Schoeman, Financial Writer
2 min read
As MTN Group explores a $309 million bond issuance, MTN Congo finds itself under market scrutiny, ...
10 hours

I&M Group Surges to Record High: Kenya Traders Eye 29% Profit Boost

By Louis Schoeman, Financial Writer
2 min read
I&M Group's stock price has reached an all-time high of KSh 45.00, reflecting its robust fina ...
10 hours
FBN Holdings, a major player in Nigeria's financial sector, experienced a significant stock price ...
10 hours

Absa Group Stock Surges 15% Amid Strategic Expansion Moves

By Louis Schoeman, Financial Writer
2 min read
Absa Group's stock has soared by 15% as the bank embarks on a strategic expansion and upgrades it ...
10 hours

Access Bank Ghana Drives GSE Surge with GH¢24M Gain Amid Record Rally

By Louis Schoeman, Financial Writer
2 min read
Access Bank Ghana has emerged as a key player in the latest surge on the Ghana Stock Exchange, co ...
12 hours

Ethiopia’s Zemen Bank Surges 145% in Profit, Signals Market Momentum

By Louis Schoeman, Financial Writer
2 min read
Zemen Bank has caught the attention of Ethiopia's financial market with a striking 145% surge in ...
12 hours

Eni Congo’s Gas Production Ambition: A 4.5 Billion m3 Annual Target

By Louis Schoeman, Financial Writer
2 min read
Eni Congo has announced an ambitious plan to escalate its gas production capacity to 4.5 billion ...
12 hours

Jubilee Holdings Profit Climbs 18% as Kenya Market Shifts

By Louis Schoeman, Financial Writer
2 min read
Jubilee Holdings, a leading player in Kenya's insurance sector, has reported an impressive 18% in ...
12 hours
Stanbic IBTC's stock has taken a significant hit, plunging by 14% as investor sentiment shifts in ...
12 hours
Woolworths Holdings Limited (JSE: WHL) has defied financial headwinds to post a 7.7% rise in its ...
12 hours

Ghana’s 2026 Growth Slowdown: What It Means for Cedi and Traders

By Louis Schoeman, Financial Writer
2 min read
In a surprising shift, Ghana's economic growth is projected to decelerate to 4.8% by 2026, despit ...
14 hours
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