Among African countries hit by Trump’s tariff overhaul, Kenya fared relatively well, receiving the baseline 10% rate—offering it some breathing space amid broader trade disruptions.| Finance in Africa
Despite gaining four points in March, the PMI remains below the 50-point threshold, indicating ongoing contraction in the sector.| Finance in Africa
Egypt has secured $1.8bn in financing from the International Islamic Trade Finance Corporation (ITFC) since the start of 2025.| Finance in Africa
Kenya’s insurance profit slumps 42% on weaker investment income| Finance in Africa
South Africa’s gross domestic product expanded by 0.8% compared to a marginal 0.1% in the first quarter, according to the latest official data.| Finance in Africa
Kenya’s insurance industry saw net earnings fall 42% in Q1 2025 to $38 million, from $66 million a year earlier, according to the IRA.| Finance in Africa
Ghana’s economy expanded by 6.3% in Q2 2025, compared with a revised 5.7% a year earlier, according to the latest GDP report.| Finance in Africa
In an effort to stabilise the foreign exchange market and improve liquidity, Nigeria’s central bank launched an aggressive dollar injection drive in the first quarter of the year. But despite the scale of intervention, the naira continued to lose ground.| Finance in Africa
