Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
DRC to overtake Ethiopia as Africa’s 5th economy
The IMF forecasts the DRC's GDP reaching $123 billion in 2026, edging past Ethiopia's $122 billion to become Sub-Saharan Africa's…
Morocco’s OCP makes Africa’s first dollar hybrid bond
Morocco's OCP Group raised $1.5 billion through Africa's first US dollar corporate hybrid bond, 4.6 times oversubscribed with $7 billion…
AfDB lines up $2.8bn for Brazzaville meetings
The African Development Bank is heading into its May 2026 Annual Meetings in Brazzaville with $2.8 billion in new Arab…
Flutterwave gets Nigerian banking licence at 10
Flutterwave secured a Nigerian banking licence on April 2, allowing Africa's most valuable fintech to hold deposits, lend directly and…
