Finance

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

Nigeria central bank finance banking institution Abuja modern architecture economy
AfricaBusiness

Cardoso wins Central Bank of the Year

By
Africaspoint Editorial

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking Awards in London on June…

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…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

Ethiopian Airlines global competitor US Ambassador Boeing GE Africa 2026Kenya

Kenya Airways pursues $2bn turnaround investor

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

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