After losing control of several major cities in August’s local elections, the governing ANC is grappling with its loss of influence and control over spending.
- Crystal Orderson in Soweto and Cape Town
- Charles Idem and Nicholas Norbrook
A perfect storm of militant attacks and a commodity slump have knocked the wind out of Nigerian nascent indigenous oil sector. A pragmatic approach is needed, and there may yet be better times ahead.
- Mark Anderson
When Kenya's president Uhuru Kenyatta signed into law a bill that caps commercial banks’ lending rates at 4% above the central bank’s benchmark rate on 24 August, Kenyans reacted with jubilation. “Families are among thousands of borrowers who can now smile back to the bank,” wrote the Daily Nation, a Kenyan newspaper.
- Nicholas Norbrook and Mark Anderson
The time is 6:02AM, the year 2026, the location Lagos Financial City. Fatima Abouzeid flails at her digital personal assistant to silence the alarm, which in return flashes her a miffed/not-miffed emoji and starts to warble the main news headlines of the day.