Finance

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

Kenya halves fuel VAT to 8% for 90 days

President Ruto signed Kenya's fuel VAT cut from 16% to 8% into law on April 17, the most direct fiscal…

Africa Fintech Live heads to Nairobi in May

Africa Fintech Live 2026 will convene in Nairobi on May 7, bringing together leaders across payments, banking, telecoms and digital…

Platinum overtakes coal as SA’s top export

South Africa's platinum export volumes rose 18% year-on-year in Q1 2026 as China and European demand rebounded, with PGMs overtaking…

South Sudan launches first instant payments system

South Sudan has launched its first-ever instant payments infrastructure, three years after the proposal was first made, marking a landmark…