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Title of The Exchange: "Africa News Today | Business News in Africa | Daily news"

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As remittances hit a record $5 billion, a new breed of knowledge worker in Kenya is bypassing traditional money transfers altogether, by keeping their pay cheques in U.S. dollars while staying put in Nairobi.

In February 2026, the Central Bank of Kenya reported something remarkable. Diaspor...


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As the Strait of Hormuz chokes and Brent crude spikes, African central banks face a cruel dilemma: halt the interest rate relief they had promised, or watch inflation surge anew. For households already stretched thin, the Middle East war is no longer distant geopolitics, it is the price of bread, the cost of transport and the fading hope of cheaper money.

...


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The “fintech-ification” of African banking is accelerating with Sitoyo Lopokoiyit’s move from Safaricom PLC’s fintech arm M-PESA to Absa Group. We analyze why traditional lenders are raiding the telecom sector for leadership talent.

As the architect of M-PES...


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Africa’s space economy is worth $24.95 billion. Here is how satellite data and climate-smart ag are driving the next wave of investment.

Africa’s space economy has quietly rocketed past a major milestone. Valued at $24.95 billion in 2025, the sector is no longer a futuristic fantasy but a present-day economic engine, according to the ‘


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This year’s U.S.-Africa Energy and Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains.

The U.S.-Africa Energy and Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an impor...


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