Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Ghana fund hits $35m close to back West Africa SMEs
Ghana's Ci-Gaba Venture Capital Fund hit a $35m first close toward a $91m target, mobilising domestic pension fund capital into…
Kenya halts rate cuts at 8.75% on oil price risk
Kenya's CBK paused its rate-cutting cycle at 8.75% after 10 consecutive cuts, citing oil price risks from the Iran war,…
FirstRand dumps UK bank after $993m car loan hit
South Africa's FirstRand will exit UK bank Aldermore after raising motor loan provisions to £750m ($993m), more than a decade…
African sovereigns to raise $155bn in 2026
African sovereigns are projected to raise $155 billion in commercial markets in 2026, up 11% on 2025, driven by infrastructure…
