Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Moody’s backs South Africa as debt peaks in 2025
Moody's has confirmed that South Africa's government debt peaked at 86.8% of GDP in 2025 and will decline to 84.9%…
LemFi commits £100m to go global from London
Nigerian-founded LemFi committed £100 million to global infrastructure and designated London as its global headquarters as part of the UK-Nigeria…
Africa burns $127m/month shielding consumers from oil shock
African governments are spending up to $127 million per month shielding consumers from Hormuz-driven fuel price shocks, with Ethiopia covering…
Equity Bank sweeps Kenya awards as Mwangi takes CEO prize
Equity Bank swept ten categories at Kenya's 2026 Think Business Banking Awards and CEO James Mwangi was named Overall CEO…
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…