Daba Finance
Coverage of Daba Finance in the Nexus archive.
- Morocco: West African Leaders Back $25b Nigeria-Morocco Gas Pipeline
West African leaders have endorsed the Nigeria-Morocco Gas Pipeline, a $25 billion project to transport natural gas across West Africa into Europe. The initiative aims to enhance energy security and promote regional integration.
- Central Africa: Gabon's Public Debt Rises 23 Percent As Government Turns to Regional Markets
Gabon's public debt increased by 23% year-on-year to 8,780.3 billion FCFA as of December 2025, driven by a rise in domestic borrowing and a shift away from external financing. The government's reliance on regional markets contributed to the debt growth.
- West Africa: BRVM Sees Notable Upward Moves - Ecobank Transnational Inc Leads With +36.17 Percent Gain
The BRVM (Bourse Régionale des Valeurs Mobilières) experienced notable upward price movements in four key stocks over the past seven days, with Ecobank Transnational Inc leading with a 36.17% gain. The article highlights dynamic activity in the regional stock exchange.
- Nigeria: Nigeria Inflation Quickens As Middle East War Drives Fuel Costs
Nigeria's inflation rate increased to 15.9% in May, up from 15.7% in April, but the rise was less than expected. The National Bureau of Statistics reported this data, noting that falling global energy prices could lead to interest-rate cuts later this year.
- South Africa: South Africa Inflation Rises to Nearly Two-Year High
South Africa's inflation rate reached a nearly two-year high in May, primarily due to increased energy prices associated with the US-Israeli war with Iran.