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…
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…