Finance

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

Kenya GDP grew 4.6% in 2025 on green energy and construction

Kenya's real GDP grew 4.6% in 2025 as construction rebounded 6.8%, mining surged 14.9%, accommodation and food services grew 15.6%,…

Rawbank posts $232m profit as DRC eyes investment banking

Rawbank, the DRC's largest commercial bank, posted $232 million in profit and announced a regional investment banking push, positioning itself…

Dangote revives London listing for $13bn cement giant

Aliko Dangote has revived plans for a London listing of Dangote Cement, the $13 billion pan-African industrial giant, timing it…

Brent drops 6% on ceasefire hopes after Iran clashes

Brent crude fell roughly 6% over the week to settle near $101 per barrel on Friday as Trump insisted the…

Abiy unveils Addis Ababa’s riverside makeover

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

EU’s steel tariff hits South Africa

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