Uganda Central Bank Holds Benchmark Rate at 9.75% for Eighth Straight Meeting

Uganda central bank holds key rate steady at 9.75%.

Eighth consecutive meeting without a rate change.

July headline inflation rose to 4.0% on higher energy costs.

Governor says oil price pressures have not spread broadly.

Uganda Central Bank Holds Benchmark Rate at 9.75% for Eighth Straight Meeting

Uganda central bank holds key rate steady at 9.75%.

Eighth consecutive meeting without a rate change.

July headline inflation rose to 4.0% on higher energy costs.

Governor says oil price pressures have not spread broadly.

Finance

Nigeria Escalates Global Terror-Finance Crackdown, Mandates Sanctions Screening for Capital Markets

Energy

Global Crude Eases as U.S. Inflation Data Shifts Rate Expectations

Finance

Check Out the Number of Millionaires across Africa in 2026

Politics

Zambia Presidential Poll Tests Hichilema as Living Costs Soar

Business

Shoprite Full-Year Sales Hit $16.7 billion as Headline Earnings Surge

World

Global Youth Unemployment Rises to 12.4% as Economic Friction and AI Loom

Economy

Nigeria Bets $50 Billion on Deepwater Revival with New Tax Incentives

Energy

Oil Extends Rally to Multi-Week Highs Amid Geopolitical Tensions Ahead of U.S. Inflation Data

Building Africa’s Business Community

28 July 2026

Beyond the Red Carpet: The UK State Visit is an Investment in Nigeria’s Future

24 March 2026

South Africa to scrap its prime lending rate with central bank policy rate

18 February 2026

Nigeria Industrial Giant BUA Partners Abu Dhabi’s AD Ports to Revolutionize West African Logistics

17 February 2026

Nigerian Breweries Swings Back to Profitability in 2025 After 2 years losing streak

13 February 2026

AU Summit: Nigeria Secures Permanent Seat on African Central Bank Board

13 February 2026

Economy

Swiss-Japanese Group Plans $1.5 Billion Casablanca Waste-to-Energy Facility

Economy

Mali Targets $883 Million Infrastructure Push Powered by Mining Royalties Overhaul

Economy

Africa’s Exports Surge 14% in Q1 2026, Ranking Second Globally Behind Asia

Economy

Kenya’s July Inflation Edges Up to 6.5% on Fuel and Transport Costs

Economy

Global Economic Order Is Changing; Africa Needs to Trade More with Itself – Cardoso

Economy

Cardoso, Okonjo-Iweala, Gill headlines Africa Emerging Markets Forum 2026

Economy

$70 Billion FDI and Counting: Where Investors are Stashing Money in Africa

Business

U.S. Hits Nigeria, 7 African Nations With 12.5% Tariff Crackdown Over Forced Labor Rules

Business

African Airlines Lead Global Passenger Traffic Growth in June 2026

Business

MTN Nigeria Profits Surge to N707B on N2.99T Revenue, Declares N26 Dividend

Business

Ethiopian Airlines Hits $9.1 Billion Revenue as Passenger and Cargo Demand Surge

Business

Air Peace and Etihad Airways Sign Interline Deal to Link 20 African Destinations

Business

Nigeria’s Central Bank Holds Benchmark Rate at 26.5% as Inflation Eases

Business

Nigerian Businesses Maintain Optimism in June 2026 Despite Deep Regional and Cost Hurdles

Business

Kenya’s Private Sector Activity Stabilizes in June, Ends 3 Months Contraction

Business

Nigeria Private Sector Logs Fifth Month of Growth Despite June Cooling

Book Review

The Oil Curse: How Petroleum Wealth Shapes the Development of Nations

Book Review

Reforming the Unreformable – Lessons from Nigeria

Book Review

Why Growth Matters – How Economic Growth in India reduced poverty and the lessons for other developing countries

Book Review

Cobalt Red – How the blood of the Congo Powers Our Lives

Book Review

Rule Breaker: Rebellious Leadership for the Future of Work

Book Review

Collapse and Recovery: How the Covid – 19 pandemic eroded human capital and what to do about it.