Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
US-Iran truce sends oil crashing
A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent crude crashing from a peak…
MTN’s MoMo is going super app
MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to transform its MoMo mobile money…
Ghana’s 1,400bps rate cut leads Africa
Ghana's Bank of Ghana cut its benchmark rate by a cumulative 1,400 basis points from 28% in January 2025 to…
Nigeria slams the IMF’s tax prescriptions
A Nigerian think tank, the Alliance for Economic Research and Ethics, has criticised the IMF's 2026 Article IV recommendations including…
