Finance

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

AfricaBusiness

Nairobi tech salaries now rival some European markets

By
Africaspoint Editorial

IN SHORT: For the first time, the total monthly employment cost of a tech product manager in Nairobi, at $2,425,…

a factory with a lot of smoke coming out of it
FinanceInvest

Nigeria’s oil earned less in 2025 despite pumping more

By
Africaspoint Editorial

Nigeria earned $31.54 billion from crude oil in 2025, down 14.4% from $36.85 billion in 2024, despite higher production. The…

taxes, tax office, tax return, form, income tax return, income tax, wealth, finance, tax evasion, money, accounting, income, invoice, taxes, taxes, taxes, taxes, taxes, income tax, income tax, income tax, income tax, accounting
BusinessEast Africa

KRA wants VAT on every business in Kenya

By
Africaspoint Editorial

The Kenya Revenue Authority wants the VAT registration threshold cut from $39,000 (KES 5 million) to zero, pulling every business…

Female leadFinance

From Alexandra township to running Africa’s biggest bank

By
Africaspoint Editorial

Mary Vilakazi grew up in Alexandra township, sold sweets for pocket money, financed her education through scholarships and a PwC…

Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Nigeria

Lagos rail reaches for its airport

Nigeria's Aviation Minister Festus Keyamo announced plans at the Invest Lagos 3.0 forum on June…

AethexAI voice AI Africa $3 million 4DX Ventures Kora pre-seed 2026AI

TikTok’s AI purges 4m Nigerian videos

TikTok removed more than 4 million videos in Nigeria in Q4 2025, with 99.9% proactively…

Ethiopian Airlines global competitor US Ambassador Boeing GE Africa 2026Kenya

Kenya Airways pursues $2bn turnaround investor

Kenya's government is seeking a strategic investor willing to commit $1.2-2 billion to Kenya Airways…

Africa clean energy solar power investment boom 2026Eskom Green renewable energy mining manufacturing 32GW 2040 South Africa 2026

Eskom creates Green arm for renewable future

Eskom launched Eskom Green on June 10, a new separate renewable energy platform targeting mining…

A large industrial refinery with pipes and towers under a clear blue sky during the day.
Aliko DangoteDangote refinery exports Africa

South Africa turns to Dangote for fuel

two diamonds sitting on top of a pile of crushed glass
Botswana diamond crisisBotswana economic diversification

Botswana’s $3.7bn reserve loss forces a rethink

photography of excavators at mining area
Africa Critical MineralsBHP Group

BHP’s $246bn warning to South Africa

SARS raids own employees in customs bribery probe

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