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Nigeria's central bank holds rate at 24.75% as inflation cools for a fourth month09:15Kenya signs green-hydrogen pact with EU worth €1.2bn08:55Egypt's new Grand Museum crosses 4m visitors in its first year08:10Nigeria's central bank holds rate at 24.75% as inflation cools for a fourth month09:15Kenya signs green-hydrogen pact with EU worth €1.2bn08:55Egypt's new Grand Museum crosses 4m visitors in its first year08:10
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02Africa Today

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08:34:31

Wednesday, 15 July 2026 · local

Africa's free-trade bloc clears its first single-currency settlement
Developing

Business & Markets · Lagos

Africa's free-trade bloc clears its first single-currency settlement

The Pan-African Payment system routed a cross-border deal between Lagos and Nairobi without touching the dollar — a quiet milestone traders have waited a decade for.

01Right Now

The day, as it happens.

A live wire of what's moving across the continent — updated by our newsroom around the clock.

09:42 · Lagos

Naira firms past ₦1,480 after rate hold

The currency strengthened in early trade as the MPC kept its benchmark steady and signalled it sees inflation easing into single digits by year-end.

09:21 · Johannesburg

JSE opens higher on mining and banks

Gold producers led gains as bullion held near a record; the rand traded flat against the dollar.

08:47 · Kigali

Rwanda opens applications for its e-mobility fund

A $40m facility will subsidise electric motorcycles and charging hubs across four cities through 2027.

08:12 · Nairobi

M-Pesa daily volume tops 80m transactions

Safaricom said a record was set over the holiday weekend, driven by merchant payments outside the capital.

07:33 · Cairo

Suez Canal revenues recover to pre-disruption levels

Traffic normalised through May as rerouted carriers returned to the corridor, the authority said.

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Markets · 08:34 WAT

African indices

NGX All-Share

102,418

0.84%

JSE Top 40

73,290

0.42%

NSE 20 (Kenya)

1,946

0.18%

EGX 30 (Egypt)

31,074

1.12%

GSE-CI (Ghana)

4,318

0.27%

02By Desk

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