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…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
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…