Finance

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

AfricaFinance

AVCA Nairobi: local capital rises as exits hit record

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Africaspoint Editorial

The 22nd Annual AVCA Conference concluded in Nairobi on April 30 with over 800 investors, record 2025 venture exits, 30%…

AfricaBusiness

OPay hits $3.1bn as Opera flags 85% IPO probability

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Africaspoint Editorial

Opera's FY2025 SEC filing values OPay at $3.1 billion and assigns an 85% probability of an IPO within two years.…

AfricaFinance

China opens zero-tariff trade to all 53 African nations

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Africaspoint Editorial

China is extending zero-tariff treatment to all 53 African nations with which it has diplomatic relations from May 1, 2026,…

AfricaBusiness

Axian buys five Letshego banking units across Africa

By
Africaspoint Editorial

Madagascar's Axian Group has signed binding agreements to acquire 100% of Letshego's banking subsidiaries in Ghana, Tanzania, Nigeria, Rwanda and…

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…

South Africa fuel petrol pump price relief diesel levy Treasury
Enoch Godongwana Treasury fiscal policySARB interest rates monetary policy 2026

SA slashes diesel levy to zero in R17.2bn relief

South Africa economy inflation consumer prices fuel cost of living
IMF Sub-Saharan Africa outlook 2026SARB interest rates monetary policy 2026

SA inflation edges to 3.1% before oil shock registers

a flag on a pole
Africa sovereign bond market debutDRC eurobond sovereign debt 2026

DRC raises $1.25bn in debut eurobond

Aerial view of a glowing globe at a circular reception desk with ambient lighting.
Africa domestic capital infrastructure trapAfrica industrial policy investment gap

World Bank: Africa investment still 20% below peak

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