The Nigerian stock market, officially known as the Nigerian Exchange Limited (NGX), has emerged as one of Africa’s most closely watched equity markets in early 2026. By 19 February 2026, the NGX All-Share Index (ASI) crossed the 193,000-point threshold, setting a new record high and signaling an extraordinary surge in investor confidence. Market capitalisation climbed […]
In Lagos, health insurance is no longer being framed as a lifestyle upgrade or a welfare add-on. It is being presented as an economic necessity. At a recent two-day capacity-building workshop for journalists organised by the Lagos State Health Management Agency (LASHMA) in collaboration with the International Society of Media in Public Health, the message […]
South Africa’s Nedbank Group has set its sights firmly on East Africa, announcing plans to acquire a controlling stake in Kenya’s NCBA Group in a transaction that could reshape the region’s banking landscape. The proposed deal, valued at roughly 13.9 billion rand—equivalent to about KSh110 billion—would see Nedbank take a 66 percent ownership stake in […]
The rapidly accelerating digital transformation of the financial services sector in Africa is forcing a fundamental shift in regulatory paradigms, particularly within the insurance industry. Kenya, a continental leader in technological adoption, is now taking a proactive stance, with the Insurance Regulatory Authority (IRA) preparing comprehensive new rules designed to strengthen cybersecurity, data protection, and […]
African stock markets demonstrated remarkable resilience and momentum during the third quarter of 2025, with Nigeria, Kenya, and Morocco emerging as the strongest performers as investor confidence improved following months of currency volatility and macroeconomic uncertainty. The latest market capitalization data from Kenya’s Capital Markets Authority (CMA) reveals that out of nine African exchanges analyzed, […]
Kenya's government has raised Ksh.112.374 billion from the Initial Public Offering (IPO) of Kenya Pipeline Company (KPC), after the share...
The US dollar staged one of its most decisive geopolitical rallies in years this week, climbing broadly against the euro,...
Nigeria's maritime sector delivered one of its most impressive performances on record in 2025, with total cargo throughput, container volumes,...
Berlin- and Singapore-based venture capital platform GHARAGE Ventures has officially launched its first institutional fund, closing Fund I at €40...
