Your daily market briefing

U.S. 10-year yield surges past 5% to highest since 2007 on Fed rate hike bets

Nigeria closes $550M power-sector bond to clear legacy GenCo debt app.dealroom.co

Africa's biggest oil refinery opens to public ownership, sparking excitement among retail investors AP News

Bessent calls US yen intervention "nominal," defends trade

Real estate operators risk sanctions as SCUML, REDAN tighten anti-money laundering compliance The Sun Nigeria

Canada’s inflation picture is getting complicated — what analysts see ahead

Next Africa: IPO Catapults Nigeria's Dangote Up the Ranks of Ultra-Wealthy

Africa's biggest oil refinery opens to public ownership, sparking excitement among retail investors ABC News - Breaking News, Latest News and Videos

Nigerian Inflation Unexpectedly Eases, Boosts Rate-Cut Case

Nigerian banking stocks have rallied strongly in 2026, adding more than N11 trillion in market value in less than nine months. The post Nigerian banks trade at discount to African peers despite 68% surge appeared first on Nairametrics.

OpenAI explores Canada investment opportunities under Carney

Dangote Refinery IPO Rush Crashes Some Nigerian Trading Apps

Morgan Stanley now sees ECB delivering a rate hike in December

The trust dividend: Inside Hontar Projects’ rise in Nigerian real estate Business News Nigeria

US data centers to use more natural gas than most countries - report

Nigeria Fintech Week expands to three cities as industry enters new digital phase Business News Nigeria

Why Fed pricing may be turning too hawkish

Nigeria enters JPMorgan’s new $328 billion bond index 11 years after removal from flagship benchmark Business Insider Africa

Artificial intelligence is advancing faster than regulation and safety measures.

East Africa’s largest economy joins African countries banning raw mineral exports and plans 3 gold refineries Business Insider Africa

Ruto announces plan to ban export of unprocessed gold from Kenya peopledaily.digital

The warning came in the WTO's annual flagship publication, World Trade Report 2026: A Critical Juncture for the World Trading System, which examines the achievements of the multilateral trading system over the past 80 years and the challenges it now faces.

Ruto: Kenya to stop export of unprocessed gold the-star.co.ke

Shah said Bidco was seeking US dollars to pay for imports of raw materials when his friend and business associate, Nicholas (Nik) Nesbitt, offered to help the company access the currency.

Borrowing capacity is what a lender is willing to give you. Debt capacity is what your cash flow can absorb without breaking the business that is supposed to repay it.

Ordinary savers mostly hold positive balances and call that safety. The largest holders of wealth usually run negative ones, debt dwarfing anything in savings.

The reserves, up from 14.88 billion dollars on Sept. 3, now cover 6.3 months of imports, compared with 6.1 months a week earlier, the central bank said in its weekly bulletin released Friday.

NAIROBI, Kenya Sep 14 – The Energy and Petroleum Regulatory Authority has retained fuel prices unchanged for the next 30 days. In it’s monthly review, in Nairobi, Super Petrol will…

Kenya: A small village takes on an oil giant ehn.org

Bank loans for cars, gadgets overtake real estate lending in Kenya Mjengo Hub

Kenya: A small village takes on an oil giant dw.com

Dangote to Start New Refinery in Kenya This Month as IPO Opens

Kenya Joins African Nations Banning Unrefined-Mineral Exports

The Nigerian Exchange (NGX) officially launched the initial public offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals on September 14, 2026, marking a historic milestone in African capital markets. Valued between $1.6 billion and $2 billion and offering 4.1 billion ordinary shares at an initial price of 525 naira per share, the transaction stands […]

Climate Change and Crypto: Ethiopia’s 75% Power Cut Tests Bitcoin Mining’s Green Pitch finance.yahoo.com

Asian shares trade mixed as markets continue to watch AI stocks and oil prices ABC News - Breaking News, Latest News and Videos

Ethiopian PM Abiy Ahmed reiterated at the BRICS Summit that Ethiopia will continue seeking access to the sea through diplomatic channels, framing the ambition strictly as an economic priority rather than a security objective. Addressing delegates, Abiy emphasized that maritime access is essential for the landlocked nation of over 120 million people to expand trade, […]

Next Africa: Bitcoin Mining in Ethiopia Has a Weather Problem

Ethiopia has rapidly ascended to become Africa’s fourth-largest remittance recipient, pulling in an estimated US$7.14 billion in formally recorded inflows. According to the International Fund for Agricultural Development’s (IFAD) Sending Money Home 2026 report, this milestone represents an extraordinary 824% surge in Ethiopia’s remittance receipts since 2016. These private financial transfers have evolved into an […]

Ethiopia is finalizing preparations to double its electricity supply to neighboring Kenya, scaling total export volume up to 400 MW, according to Ethiopian Electric Power (EEP). Scheduled to take effect in December 2026, this expansion marks a major milestone in East Africa’s advancing regional power integration. Destalem Hailu, Deputy CEO for the Transmission Business Sector […]

Ethiopia limits bitcoin miners to 23% of their electricity Benin Web TV

10-year Treasury yield hits 5%, critical threshold for US economy and markets CNN

Ethiopia launches Employment Impact Assessment to strengthen job outcomes of public infrastructure investment International Labour Organization

Ethiopia records 824% remittance growth over the decade, accounting for 5% of national GDP capitalethiopia.com

Ethiopia Cuts Bitcoin Mining Power By 75% As Drought Strains Hydroelectric Supply Trendsnafrica

The United Nations Economic Commission for Africa (ECA) and DHL Express Sub-Saharan Africa have signed a landmark three-year Memorandum of Understanding (MoU) aimed at helping small and medium-sized enterprises (SMEs) across the continent navigate and scale within intra-African trade. Delivered through DHL’s GoTrade programme, the collaboration provides practical support to help local businesses leverage opportunities […]

Ethiopia cuts power to Bitcoin miners by 75% as El Niño dries up hydropower Business Insider Africa

Ethiopia rebel group threatens mining firms after deadly attack Macau Business

Trading was concentrated in the belly, with 2031-2034 maturities accounting for 53.75% of turnover at an average yield of 13.90%.

Oil prices fell on Wednesday after an unexpected build in U.S. crude inventories, while investors assessed supply risks after Saudi Arabia suspended ​oil loadings at its Yanbu port following an attack on its East-West pipeline ‌to the Red Sea.