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…