Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Dangote revives London listing for $13bn cement giant
Aliko Dangote has revived plans for a London listing of Dangote Cement, the $13 billion pan-African industrial giant, timing it…
Brent drops 6% on ceasefire hopes after Iran clashes
Brent crude fell roughly 6% over the week to settle near $101 per barrel on Friday as Trump insisted the…
Somalia’s Hormuud finances 100,000 smartphones for poor
Somalia's Hormuud Telecom is financing 100,000 smartphones for low-income subscribers through deposit and instalment payments via its EVC Plus mobile…
Kenya’s first private agri-securitisation at $2.1m
Fintech Kaleidofin has completed Kenya's first private-sector agriculture-focused securitisation at $2.1 million, converting smallholder farmer loans into tradeable securities and…
Newsletter
Lagos rail reaches for its airport
Nigeria's Aviation Minister Festus Keyamo announced plans at the Invest Lagos 3.0 forum on June…
TikTok’s AI purges 4m Nigerian videos
TikTok removed more than 4 million videos in Nigeria in Q4 2025, with 99.9% proactively…
Kenya Airways pursues $2bn turnaround investor
Kenya's government is seeking a strategic investor willing to commit $1.2-2 billion to Kenya Airways…
Eskom creates Green arm for renewable future
Eskom launched Eskom Green on June 10, a new separate renewable energy platform targeting mining…