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Middle East crisis tests African economies [Business Africa]

Africanews EN • 16 Apr 2026, 12:31

After a strong 2025, African economies are facing a new threat: the war in the Middle East. The IMF now expects regional growth to slow to 4.3% this year. What’s different this time is that planners have tool kits to better absorb the shock

Gabon opposition leader and former PM Alain-Claude Bilie-By-Nze arrested

Africanews EN • 16 Apr 2026, 12:08

Gabon authorities have arrested main opposition leader and vocal government critic Alain-Claude Bilie-By-Nze, his political party said Thursday.

FULL LIST: NDIC is concluding liquidation of these microfinance, mortgage banks

Premium Times Nigeria • 16 Apr 2026, 11:24

The corporation also stated that the new licensed institutions have commenced operations under new names. The post FULL LIST: NDIC is concluding liquidation of these microfinance, mortgage banks appeared first on Premium Times Nigeria.

UN warns tensions between DR Congo, Rwanda, and Burundi remain acute

Africanews EN • 16 Apr 2026, 11:06

It said the humanitarian and security situations in the Great Lakes region has worsened to a “worrisome level", despite intensified diplomatic initiatives.

Sudan’s ‘abandoned crisis’ enters fourth year as calls for peace grow louder

Africanews EN • 16 Apr 2026, 10:58

Back in Sudan, only 63% of health facilities remain operational, according to the World Health Organization, as disease outbreaks such as cholera spread rapidly. Attacks on healthcare workers and infrastructure have further crippled the system.

Haiti: High fuel, food prices pile new pressure on families

Africanews EN • 16 Apr 2026, 10:53

On April 2, Haiti’s government announced a 37% increase in the cost of diesel and a 29% increase in the cost of gasoline. With higher oil prices came a hike in the prices of essential food products

Ukraine: Russian strikes hit Kyiv’s Podilsky district

Africanews EN • 16 Apr 2026, 10:22

Russian strikes hit Kyiv’s Podilsky district, injuring dozens and damaging homes, as part of a wider wave of deadly attacks across Ukraine.

‘Elumelu effect’ drives Seplat to historic N10,000 – First NGX stock to cross barrier

Vanguard Nigeria • 16 Apr 2026, 10:16

Seplat closed trading on April 14, 2026, at N10,450 per share, representing a staggering 80 per cent gain since January and adding approximately N2.9 trillion in market capitalisation in just four months. The post ‘Elumelu effect’ drives Seplat to historic N10,000 – First NGX stock to cross barrier appeared first on Vanguard News.

World "must brace for tough times" says IMF chief Georgieva

African Business • 16 Apr 2026, 10:02

Kristalina Georgieva warned that the Middle East conflict is slowing growth and hitting low‑income, energy‑importing countries hard.

NDIC to conclude liquidation of 89 microfinance banks, others

Premium Times Nigeria • 16 Apr 2026, 09:14

The 89 closed banks were part of the 179 MFBs and 4 PMBs whose banking licenses were revoked by the Central Bank of Nigeria (CBN) on 22-23 May 2023. The post NDIC to conclude liquidation of 89 microfinance banks, others appeared first on Premium Times Nigeria.

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