Africa Pulse — Friday, May 29, 2026
President Tinubu marked his third year defending Nigeria’s subsidy and FX reforms as Lagos closed for Democracy Day. South Africa published its first data wave after Wednesday’s SARB hike to 7.00%. Ghana’s reserves climbed to a one-year high of $14.4 billion even as the cedi extended its slide. The Zambia-DRC Copperbelt posted simultaneous Q1 output contractions, recalibrating global battery-metals supply. The AfDB pegged 2026 continental growth at 4.2%, with a $1.3 trillion financing gap. Today’s Africa Pulse covers the continent’s finance, markets, economy, and politics — compiled across English, French, Arabic, Portuguese, Swahili, and Afrikaans sources.
Nigeria — Democracy Day
Tinubu Defends Subsidy and FX Reforms in Third-Anniversary Address
President Bola Tinubu marked the third anniversary of his administration today with a nationwide address defending fuel-subsidy removal and exchange-rate unification. He said Nigeria has avoided fiscal collapse and is “more competitive and better positioned for sustainable growth” than in 2023.
