Australia Extends Rate Hike Streak To An 18-Year High
The Reserve Bank of Australia lifted its cash rate for a fifth time in 2026 to 4.85 percent, an eighteen-year high that hardens the global fight with inflation.
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The Reserve Bank of Australia lifted its cash rate for a fifth time in 2026 to 4.85 percent, an eighteen-year high that hardens the global fight with inflation.

Tourba and ThriveAgric agreed to scale conservation agriculture across Nigerian farmland, pairing climate finance with the country largest smallholder network.

The naira depreciated 2.17% at the official window in the week ended October 23, 2026 to N1,361.84/$ while the parallel rate slipped to N1,375, narrowing the premium to 0.97% from 2.83% as interbank turnover hit $1.01bn.
The Financial Times' Big Read on the world's fastest-growing cities reports that Africa's urban centres are set to expand by 19 million people a year, nearly two Londons annually, with growth concentrating in a handful of hubs and spreading in unfamiliar patterns.
Headline inflation eased to 14.63% in September 2026 from 15.39% in August as food prices retreated, but the National Bureau of Statistics reported that core and urban price pressures picked up, complicating the outlook for further rate cuts.