Finance

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

AfricaFinance

Kenya Finance Bill 2026 hits KQ and fintech hard

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Africaspoint Editorial

Kenya's Finance Bill 2026 ends Kenya Airways' withholding tax exemption on overseas technical payments, expands the royalty definition to cover…

Oil tanker OPEC Victory sailing on the Bosporus under clear skies, emitting smoke.
AfricaFinance

UAE quits OPEC, squeezing Africa’s oil producers

By
Africaspoint Editorial

The UAE formally left OPEC on May 1, targeting production of 5 million barrels per day by 2027 unencumbered by…

a large red sign on top of a building
AfricaBusiness

SA manufacturing bounces to 52.6 but rally in doubt

By
Africaspoint Editorial

South Africa's Absa PMI rebounded to 52.6 in April 2026 from 49.0 in March, returning to expansion for the first…

AfricaBusiness

MTN Nigeria Q1 profit surges 166% to N355bn

By
Africaspoint Editorial

MTN Nigeria posted N355.5 billion profit after tax in Q1 2026, up 166%, on N1.498 trillion in revenue as data…

Lagos rail reaches for its airport

Nigeria's Aviation Minister Festus Keyamo announced plans at the Invest Lagos 3.0 forum on June…

AethexAI voice AI Africa $3 million 4DX Ventures Kora pre-seed 2026AI

TikTok’s AI purges 4m Nigerian videos

TikTok removed more than 4 million videos in Nigeria in Q4 2025, with 99.9% proactively…

Ethiopian Airlines global competitor US Ambassador Boeing GE Africa 2026Kenya

Kenya Airways pursues $2bn turnaround investor

Kenya's government is seeking a strategic investor willing to commit $1.2-2 billion to Kenya Airways…

Africa clean energy solar power investment boom 2026Eskom Green renewable energy mining manufacturing 32GW 2040 South Africa 2026

Eskom creates Green arm for renewable future

Eskom launched Eskom Green on June 10, a new separate renewable energy platform targeting mining…

Gold price record high precious metals Africa mining inflation energy global markets
Africa commodity macro oil gold divergenceGhana GDP growth gold exports 2026

Gold at $4,550 splits Africa’s macro story in two

IMF Sub-Saharan Africa outlook 2026Kenya CBK monetary policy 2026

Kenya CBK ends 10-cut cycle as oil shock bites

currency, note, paper, money, ghana, cedi, brown money, brown note, ghana, ghana, ghana, ghana, ghana
Ghana cedi IMF recovery 2026Ghana GDP growth gold exports 2026

Ghana’s cedi posts best Q1 in six years

Africa private capital local investors 2026Africa private equity venture capital 2026

AVCA Nairobi: local capital rises as exits hit record

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