Finance

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

Standard Bank backs Dangote refinery IPO

Standard Bank Group CEO Sim Tshabalala visited the Dangote Petroleum Refinery in Lagos on June 10 and pledged that Standard…

Kenya Airways pursues $2bn turnaround investor

Kenya's government is seeking a strategic investor willing to commit $1.2-2 billion to Kenya Airways through an international tender, alongside…

South Africa’s six-quarter growth run continues

South Africa's GDP grew 0.5% quarter on quarter in Q1 2026, beating the 0.2% consensus forecast and extending the growth…

AFC closes record $2bn syndicated loan

Africa Finance Corporation raised a record $2 billion syndicated loan on June 4, upsized from $1.6 billion after strong demand…