News
Angola's Inflation Declines for 21st Straight Month, Reaching Multi-Year Low in March
7+ hour, 34+ min ago (280+ words) Angola's inflation rate continued its sustained downward trajectory in March, easing to 12. 42%, a decline of 0. 93 percentage points from February. This marks the 21st consecutive month of disinflation, according to the latest figures released by the National Institute of Statistics (INE). The…...
Stocks Slumped; Oil Prices Soared as Middle East War Continues Unabated
6+ day, 10+ hour ago (162+ words) Trendsnafrica Stocks slumped and oil prices soared Thursday after President Donald Trump vowed the U. S. will continue to attack Iran. Trump also failed to offer a clear timetable for ending the conflict in the Middle East. The S&P 500 fell 1. 1%, with…...
Egypt May Keep Key Interest Rates Unchanged
1+ week, 11+ hour ago (204+ words) Trendsnafrica The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its second regular meeting of the year, on Thursday, to decide on key interest rates. There are firm expectations that rates will be…...
South Africa Positions Itself as a Resilient Investment Hub Amid Global Uncertainty
1+ week, 1+ day ago (373+ words) trendsnafrica. com President Cyril Ramaphosa has presented South Africa as a reform-oriented and increasingly attractive destination for global investors, even as the world economy faces mounting instability. Speaking at the South Africa Investment Conference in Johannesburg on 31 March 2026, he raised…...
Mozambique Clears IMF Debt in Full as Talks Continue on New Support Programme
1+ week, 1+ day ago (245+ words) Trendsnafrica Mozambique has fully repaid its debt to the International Monetary Fund (IMF), settling 514. 04 million Special Drawing Rights (SDRs) in March 2026, even as discussions over a new financial assistance programme remain ongoing. According to an IMF update covering 130 March 2026, the…...
Fuel Price Surge Rekindles Inflation Pressures in Zimbabwe
1+ week, 1+ day ago (351+ words) A sharp increase in fuel prices is driving renewed inflationary pressure across Zimbabwe's economy, raising the cost of goods and services and threatening recent gains in price stability, economists say. Annual Zi G inflation rose to 4. 4% in March from 3. 8% in…...
Guinea's Public Revenue Registers Smart Growth
1+ week, 3+ day ago (226+ words) Trendsnafrica The modernization of financial administrations, the digitalization of procedures and the introduction of a unified administrative and payroll system have resulted in savings of more than 246 billion Guinean francs, strengthening budget discipline and macroeconomic credibility Guinea's public revenue rose…...
Mozambique's Kenmare Resources Laying off 15% Staff as Gross Profit Plunges
1+ week, 4+ day ago (191+ words) Kenmare has in recent months let 200 employees go at Moma, and is targeting a further 20 redundancies under a cost-cutting plan, chief executive Tom Hickey told The Irish Times. Kenmare Resources is laying off 15 per cent of staff working at its…...
Mozambique Engages IMF as Financial Pressures Mount
2+ week, 1+ day ago (229+ words) (3 Minutes Read) Mozambique is preparing to receive a mission from the International Monetary Fund (IMF) in the coming months, as the government looks for guidance and potential support in navigating increasing fiscal challenges. The planned visit to Maputo will focus…...
Egypt Raises Fuel Prices
3+ week, 3+ day ago (168+ words) Trendsnafrica The price of the 92-octane gasoline rose by 15% and 95-octane gasoline increased by 14%. The Iran war has hit Egypt hard. As the most populous Arab country, Egypt depends heavily on imported fuel. Egyptian Prime Minister Mustafa Madbouly said that…...