Finance

African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.

A vibrant view of contemporary skyscrapers with glass facades under a bright sky in Maputo, Mozambique.
AfricaFinance

AfDB opens in Brazzaville this weekend

By
Africaspoint Editorial

The AfDB's 61st Annual Meetings open in Brazzaville on May 25 under the theme "Mobilising Africa's Development Financing at Scale…

Two men holding Ghanaian flags during a public event in Ghana, capturing national pride.
AfricaBusiness

Ghana rises to Africa’s 8th economy

By
Africaspoint Editorial

Ghana's nominal GDP has grown to $118.29 billion in 2026, making it Africa's eighth-largest economy after climbing two places in…

AfricaBusiness

South Africa’s pension fund buys Balwin

By
Africaspoint Editorial

A PIC-led consortium has made a firm R2.26 billion ($130 million) offer to buy out Balwin Properties minority shareholders at…

South Africa nuclear power plant energy electricity Koeberg
AfricaFinance

Eskom hunts billions for nuclear plan

By
Africaspoint Editorial

Eskom is in exploratory talks with the World Bank, the African Development Bank and commercial lenders for a nuclear programme…

Africa Finance Corporation AFC $2 billion record syndicated loan infrastructure 2026Africa GDP 4.2 percent growth fastest economies 2025 2026

AFC closes record $2bn syndicated loan

Africa Finance Corporation raised a record $2 billion syndicated loan on June 4, upsized from…

Africa clean energy solar power investment boom 2026Cape Town Salt River Market affordable housing Communicare 970 units 2026

Salt River Market transformed into 970 homes

Cape Town's Salt River Market site was formally handed to developer Communicare on June 8…

Admaius Capital Virunga II $500 million Africa private equity IFC 2026Africa GDP 4.2 percent growth fastest economies 2025 2026

Rwanda locks in $250m IMF credit facility

The IMF Executive Board approved Rwanda's $250 million, 38-month Extended Credit Facility on June 9,…

Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Dangote Refinery IPO

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…

South Africa Cape Town infrastructure investment cityscape urban development
Adebayo OgunlesiBlackRock Ogunlesi South Africa infrastructure 2026

BlackRock’s $28bn South Africa bet grows

Ghana pushes miners for 30% gold

AFC backs Africa tech funds with $100m

Aliko DangoteDangote Group

Dangote locks NNPC out of refinery

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