Finance

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

AfricaFinance

Dangote targets September for London cement listing

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Africaspoint Editorial

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

Kenya family conglomerate corporate debt stress DL Group tea holdings business restructuring
AfricaBusiness

Kenya’s DL Group denies tea sale as debt pressure mounts

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Africaspoint Editorial

Kenya's DL Group has denied reports of a tea asset sale but Billionaires.Africa's analysis reveals multiple live debt actions across…

shallow focus photography of Taxi signage
AfricaBusiness

Cape Town taxis go cashless from June 1

By
Africaspoint Editorial

Cape Town's Codeta taxi association launches a cashless payment system from June 1, replacing cash fares with prepaid cards and…

AfricaBusiness

Otedola gains $36.5m in a day on First HoldCo surge

By
Africaspoint Editorial

Femi Otedola made $36.5 million in paper gains in a single trading day as First HoldCo surged 10% on the…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

Dangote Cement Nigeria London listing industrial equity Africa capital markets IPO
Africa capital markets pan-African listingDangote

Dangote revives London listing for $13bn cement giant

Brent crude oil weekly loss Iran ceasefire 2026Hormuz

Brent drops 6% on ceasefire hopes after Iran clashes

Africa mobile money credit scoring device financeFlutterwave

Somalia’s Hormuud finances 100,000 smartphones for poor

Africa agricultural finance capital markets securitisationEast Africa banking consolidation 2026

Kenya’s first private agri-securitisation at $2.1m

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