Finance

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

AfricaFinance

AfDB: 12 fastest economies are African

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Africaspoint Editorial

The AfDB's African Economic Outlook 2026, launched today in Brazzaville, reveals that Africa's real GDP grew 4.2% in 2025, with…

Close-up of vintage beer bottles in a rustic wooden crate from a traditional brewery in Tokyo, Japan.
AfricaBusiness

Asahi’s $2.3bn EABL deal clears regulators

By
Africaspoint Editorial

Capital markets regulators in Kenya, Tanzania and Uganda granted Japan's Asahi Group Holdings exemptions from mandatory takeover offer requirements on…

AfricaBusiness

Equity Bank bets on Lobito Corridor

By
Africaspoint Editorial

Equity Group CEO James Mwangi disclosed on May 18 that the Kenyan bank is targeting acquisitions in Angola, Zambia and…

AfricaBusiness

Dangote sets September for $50bn IPO

By
Africaspoint Editorial

Aliko Dangote confirmed on May 21 that the Dangote Petroleum Refinery IPO will launch in September 2026 on the Nigerian…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

Balwin Properties PIC GEPF JSE delisting 2026South Africa Infrastructure

South Africa’s pension fund buys Balwin

South Africa nuclear power plant energy electricity Koeberg
EskomEskom capex plan South Africa electricity 2026

Eskom hunts billions for nuclear plan

Pick n Pay Boxer South Africa retail turnaround 2026Sean Summers Pick n Pay CEO

Pick n Pay sells its crown jewel

Gold mine South Africa mining operations open pit aerial industrial
Africa billionaires Forbes 2026 richest peopleAfrica gold mining JSE market cap 2026

AngloGold is now Africa’s biggest company

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