Finance

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

African stock exchanges: the complete guide for 2026

Africa has more than 25 active stock exchanges. This guide covers the continent's major capital markets, their size and liquidity,…

Tanzania steps in as Hormuz fuel shock hits East Africa

Tanzania's government has intervened to contain fuel price increases from the Hormuz oil shock, joining South Africa, Kenya, Ethiopia and…

Nigeria threatens to halt delayed World Bank loans

Nigeria has threatened to stop disbursements on World Bank loans not processed within six months of approval, pushing back against…

Dangote targets September for London cement listing

Aliko Dangote has named September 2026 as his target for the London listing of Dangote Cement, describing 2026 as the…

Airtel Africa profit triples to $813m as data beats voice

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…

Safaricom FY2026: record KSh80bn dividend, profit up 67%

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…