Pride
Articles by Pride
Kano cuts 2026 budget by N276 billion, cites FAAC revenue shortfall
Kano State has cut its 2026 budget by about N276 billion after FAAC receipts fell short. Here is what the numbers show, what happens to capital projects, and what to check in the revised budget.
The new scramble for Africa (1): The minerals are African; the power is somewhere else
Africa holds a large share of the minerals the energy transition needs, and the US, China and others are competing for them. The value, however, is still mostly captured outside the continent. Part one of a series.
Treasury Bills or a Money Market Fund? How to Compare the Returns
Treasury bills lock in a return when you buy, while money market funds move with rates. Here is how to compare them, including the discount-rate trap, with a worked example.
About Market Pulse Africa: What We Cover and How We Report
Market Pulse Africa covers African equities, commodities, currencies, exchange indices, macroeconomics and investment signals. Here is what we publish, how we handle market data, and who it is for.
BREAKING: IMF raises Nigeria’s growth forecast to 4.2%, acknowledges Nigerians are suffering
The IMF has lifted Nigeria’s 2026 growth projection to 4.2% and left the 2027 forecast at 4.3%. The Fund cited improved stability but warned that higher food and energy prices are deepening poverty and hardship for households.
Africa First: Inside Aliko Dangote's Vision for a Self-Reliant Continent
Aliko Dangote's "Africa First" message pushes for continental self-reliance — here's the Vision 2030 strategy, the numbers behind it, and what's still ahead.
Ghana's Richest Woman Is Building a Cocoa Empire
Patricia Poku-Diaby built a $90 million cocoa processing plant in Ghana, capturing value multinationals have long controlled
Somalia Confirms Uranium, Lithium and Cobalt Deposits as It Courts Foreign Investor
Somalia has confirmed uranium, lithium and cobalt deposits as it seeks foreign investment — here's what's known, and what isn't, about the find.
Q&A: Sandvik Australia’s Craig Johnston on the technologies reshaping mining
Sandvik's automation and electrification push offers lessons for African mining, where technology adoption already shapes export revenue and jobs.
Naira Holds Near Two-Year High as Nigeria's FX Reserves Strengthen
The naira is holding near a two-year high, supported by record Nigerian FX reserves and rising remittance inflows
Access Bank redeems $500 million Eurobond at maturity
Access Bank redeemed its $500 million Eurobond at maturity from internal liquidity, without refinancing — a signal of balance sheet strength.
African Equities Weekly Review: Ghana Consolidates After Blistering Rally, Markets Mixed
Ghana's stock exchange cooled after a blistering rally, even as African equities post some of the strongest returns worldwide in 2026.