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…

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…

FirstRand GroupIFC Citi rand facility South Africa local currency 2026

SA wins first IFC rand loan

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

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