Finance

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

Africa fintech startup funding technology investment digital economy growth chart data
AfricaBusiness

Africa’s startup funding rebounds in May

By
Africaspoint Editorial

Africa's startup funding rebounded to $259.8 million in May 2026, up 133.5% from $110.4 million in April, across 43 startups.…

Nigeria modern business district finance investment trade commerce bilateral partnership
AfricaBusiness

UK launches £15m Nigeria growth programme

By
Africaspoint Editorial

The UK and Nigeria launched a £15 million three-year Growth Programme on June 12 during UK Minister for Africa Baroness…

Zimbabwe gold mine open pit mining operations extraction Africa mineral resources
AfricaBusiness

Zimbabwe’s gold miner doubles output target

By
Africaspoint Editorial

Mutapa Gold Resources, Zimbabwe's state gold miner owned by the Mutapa Investment Fund, plans to double annual output from 105,000…

AfricaBusiness

Rwanda’s Rwf7.8tn budget hits parliament

By
Africaspoint Editorial

Rwanda Finance Minister Yusuf Murangwa presented the Rwf7.8 trillion ($990 million) national budget to Parliament on June 11, a 12%…

Angola GDP growth 5.3 percent non-oil diversification Q1 2026Dangote Refinery IPO

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

Africa startup funding May 2026 $259 million Bima NALA LemFi fintech reboundAI

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

South Africa immigration xenophobia Ramaphosa March deportation crackdown 2026South Africa Infrastructure

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…

A bustling city street with modern skyscrapers and vehicles at sunset, Gautrain Hotel visible.
Africa clean energy solar power investment boom 2026Africa gold mining JSE market cap 2026

South Africa’s six-quarter growth run continues

Close-up of stock market trading screen displaying financial growth and charts.
Africa Finance Corporation AFC $2 billion record syndicated loan infrastructure 2026Africa GDP 4.2 percent growth fastest economies 2025 2026

AFC closes record $2bn syndicated loan

Admaius Capital Virunga II $500 million Africa private equity IFC 2026Africa GDP 4.2 percent growth fastest economies 2025 2026

Rwanda locks in $250m IMF credit facility

Nigeria crude oil export tanker ship trade surplus commerce Atlantic petroleum
Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Dangote Refinery IPO

Nigeria’s trade surplus triples to N7.55tn

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