Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
IFC and StanChart launch $300m Africa supply chain fund
The IFC and Standard Chartered launched a $300 million risk-sharing supply chain finance facility today covering eight African markets: Ivory…
SA slashes diesel levy to zero in R17.2bn relief
South Africa's National Treasury has extended its R3/litre petrol levy cut to June 2 and slashed the diesel general fuel…
SA inflation edges to 3.1% before oil shock registers
South Africa's CPI rose to 3.1% in March 2026, matching economist forecasts, as the Hormuz conflict's full impact on fuel…
DRC raises $1.25bn in debut eurobond
The DRC raised $1.25 billion in its debut international sovereign bond on April 9, the first Sub-Saharan African debut eurobond…
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…