Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Ghana hits 7.7% growth, fastest since debt crisis ended
Ghana's economy grew 7.7% in February 2026, nearly double the 3.9% rate a year earlier, with industry leading at 9.6%…
Dangote targets $50bn valuation in Africa’s biggest IPO
Aliko Dangote is targeting a $50 billion valuation for the Dangote Petroleum Refinery IPO on the Nigerian Exchange, with a…
Nigeria banks hit record N20.2tn capital
Nigeria's five largest banks crossed N20.2 trillion ($13.9 billion) in combined shareholders' funds, the highest equity base in Nigerian banking…
$175m bet on Africa’s payment backbone
Paymentology, a global card issuer-processor serving banks and fintechs across African markets, raised $175 million co-led by Apis Partners and…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…