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Nigeria’s rebased headline inflation fell to 24.48 per cent year-on-year in January 2025. Data by the National Bureau of Statistics shows that urban inflation stood at 26.09 per cent while rural inflation came to 22.15 per cent. 

Nigeria's rebased January inflation drops to 24.48% 

The Monetary Policy Committee of the Central Bank of Nigeria will hold its first meeting of the year this week. 

Naira strengthens ahead of MPC meeting 

A report from McKinsey shows that fintech funding in Africa fell by 37 per cent from 2022 to 2023, and a further 51 per cent in the first half of 2024, driven by declining equity funding. 

Will AI tip the scale for African fintech funding?

Crowdfunding is no longer just an option for small-scale charity drives or creative Projects, it has become a legitimate, regulated avenue for business financing. 

Growth boosters: Crowdfunding democratising capital raise & investments

Nigeria’s proposed 2025 spending plan has debt servicing pegged at 14.3 trillion naira with fiscal deficit at 13 trillion and a deficit to GDP ratio of 1.5 per cent. 

Unpacking Nigeria’s 2025 spending plan

DRD Gold has reported a 74 per cent increase in its FY2025 half-year operating profit as it reaps the benefits of higher gold prices and an increase in gold sales. 

DRD Gold H1’25 HEPS climbs 65%

JSE-listed construction and engineering group, Aveng, has reported a first-half loss for the 2025 financial year, due to delays in its Australia and Southeast Asia infrastructure projects. 

Aveng sees first-half loss on softening market demand

In a move set to substantially boost the region's electric vehicle landscape, Societe Petroliere has invested in the installation of East Africa's fastest EV Supercharger. 

Societe Petroliere invests in East Africa’s EV infrastructure

As climate change continue to impact African cities, scaling up finance for subnational climate action has never been more urgent. 

Unlocking climate funds for African cities

The AI race between OpenAI, China’s DeepSeek, and other global players already has direct impacts on Africa, though the scale varies. 

The AI race and its growing impact on Africa

A report by the Mo Ibrahim Foundation shows that despite measurable improvements in governance performance, many African citizens do not feel tangible benefits, particularly in economic opportunities. 

IIAG: 50% of public perception indicators diverge from governance trends 

Shares of Anglo American Platinum pared gains in afternoon trade after popping more than 4 per cent earlier. 

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