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…