10+ hour, 26+ min ago   (148+ words) SA’s Inflation Rate Eases: Businesses Want Interest Rates Reduced Trendsnafrica South Africa’s annual inflation rate eased in July for the first time in five months, helped partly by a steep drop in transportation costs. Statistics South Africa said on Wednesday…...

5+ hour, 1+ min ago   (685+ words) S&P has maintained Angola’s sovereign credit rating at B-, a level below investment grade, while retaining a stable outlook for the country’s creditworthiness. The decision reflects a balance between stronger-than-expected oil prices, efforts by the Angolan government to manage…...

1+ week, 4+ day ago   (553+ words) Benin has received a significant boost to its international credit profile after global rating agency Moody’s upgraded the country’s long-term sovereign credit rating from B1 to Ba3, while maintaining a stable outlook. The upgrade places Benin firmly within the Ba/BB category…...

1+ week, 5+ day ago   (112+ words) Trendsnafrica Ghana’s inflation is easing again. Consumer prices rose 4.6% in July, down from 5.3% in June, the first monthly decline since March. The statistics service says slower food inflation helped drive the drop. It also says most inflation in Ghana comes…...

1+ week, 5+ day ago   (145+ words) Trendsnafrica Malawi’s central bank left its policy rate unchanged at 24% on Thursday, saying the current level is appropriate to keep inflation on a downward trajectory though it is still well above target. It was the second consecutive meeting at which…...

3+ week, 6+ day ago   (354+ words) Trendsnafrica (3 Minutes Read) Dubai–Angola economic relations are entering a new phase of institutional collaboration following the official opening of a Dubai International Chamber representative office in Luanda, providing businesses with a dedicated platform to facilitate trade, investment, and market…...

4+ week, 2+ day ago   (255+ words) This new economic model poses severe collateral damage for the developing countries, especially Africa, the most vulnerable region to external shocks. The continent’s economic fortunes heavily rely on global commodity markets, external financing, tourism, remittance flows, and foreign investment. Commodity…...

1+ mon, 1+ week ago   (177+ words) Trendsnafrica The bank warns that higher energy prices and disruption to shipping through the Strait of Hormuz are driving up production costs, weakening investment and squeezing household budgets. Kenya’s economic growth is expected to slow this year, with the World…...

1+ mon, 2+ week ago   (165+ words) Trendsnafrica Ugandan meat processor Ranchers Finest Ltd has shipped its first consignment of processed beef to Ethiopia. The shipment, dispatched from the company’s processing facility in Kawempe on July 2, 2026, is destined for Diamond Hotel and Restaurant Group in Ethiopia. It…...

1+ mon, 2+ week ago   (218+ words) Trendsnafrica The Mozambican Association of Banks (AMB) has maintained the prime interest rate unchanged. The Prime Rate—which results from the sum of a Single Index of 9.30%, calculated by the Bank of Mozambique, and a Cost Premium of 6.20%, defined by…...