Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Trump’s Hormuz gambit keeps oil above $100
Trump launched "Project Freedom" on May 4, deploying US Navy destroyers and 15,000 personnel to guide neutral ships out of…
Gold at $4,550 splits Africa’s macro story in two
Gold is trading at $4,550 per ounce today as the Hormuz conflict sustains the safe-haven premium and the US Fed…
Kenya CBK ends 10-cut cycle as oil shock bites
Kenya's CBK held rates at 8.75% on April 8, ending a record 10-consecutive-cut easing cycle as the Iran war pushed…
Ghana’s cedi posts best Q1 in six years
Ghana's cedi posted its best Q1 performance in six years in 2026, falling only 4.4% as inflation hit 3.2%, GDP…
Newsletter
Lagos rail reaches for its airport
Nigeria's Aviation Minister Festus Keyamo announced plans at the Invest Lagos 3.0 forum on June…
TikTok’s AI purges 4m Nigerian videos
TikTok removed more than 4 million videos in Nigeria in Q4 2025, with 99.9% proactively…
Kenya Airways pursues $2bn turnaround investor
Kenya's government is seeking a strategic investor willing to commit $1.2-2 billion to Kenya Airways…
Eskom creates Green arm for renewable future
Eskom launched Eskom Green on June 10, a new separate renewable energy platform targeting mining…