Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Dangote lines up Africa’s biggest IPO at $5bn
Dangote Petroleum Refinery is preparing a pan-African IPO targeting up to $5 billion across multiple African exchanges, with the offer…
Africa PE beats VC for first time since 2019
Private equity overtook venture capital in Africa for the first time since 2019 in Q1 2026, as Ecofin Agency data…
Africa private capital hits $16.1bn in Q1 2026
Africa's private capital market hit $16.1 billion in Q1 2026 across 172 transactions, with two deals — MTN's $6.2bn IHS…
Ivory Coast launches strategic sovereign wealth fund
Ivory Coast approved its Strategic Sovereign Fund for Development on April 15, establishing a three-component state vehicle to channel mining…
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…