Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
AfDB: 12 fastest economies are African
The AfDB's African Economic Outlook 2026, launched today in Brazzaville, reveals that Africa's real GDP grew 4.2% in 2025, with…
Asahi’s $2.3bn EABL deal clears regulators
Capital markets regulators in Kenya, Tanzania and Uganda granted Japan's Asahi Group Holdings exemptions from mandatory takeover offer requirements on…
Equity Bank bets on Lobito Corridor
Equity Group CEO James Mwangi disclosed on May 18 that the Kenyan bank is targeting acquisitions in Angola, Zambia and…
Dangote sets September for $50bn IPO
Aliko Dangote confirmed on May 21 that the Dangote Petroleum Refinery IPO will launch in September 2026 on the Nigerian…
Newsletter
AFC closes record $2bn syndicated loan
Africa Finance Corporation raised a record $2 billion syndicated loan on June 4, upsized from…
Salt River Market transformed into 970 homes
Cape Town's Salt River Market site was formally handed to developer Communicare on June 8…
Rwanda locks in $250m IMF credit facility
The IMF Executive Board approved Rwanda's $250 million, 38-month Extended Credit Facility on June 9,…
Nigeria’s trade surplus triples to N7.55tn
Nigeria's Q1 2026 merchandise trade surplus surged 341% to N7.55 trillion ($4.1 billion) from N1.71…