Finance

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

Showmax dies April 1, content moves to DStv Stream

MultiChoice has set March 31 as the final day of Showmax subscriptions, migrating content to DStv Stream after the platform…

Momentum doubles down on Southern Africa

Momentum Group is concentrating its Africa investment in Southern Africa, selling its Ghana and Zambia operations to double down on…

Africa’s manufacturing moment is now

Sub-Saharan Africa is projected to grow at 4.4 percent in 2026, outpacing Asia, with manufacturing investment accelerating across textiles, agro-processing,…

Nigeria’s $96bn crypto market leads the world

Nigeria processed $96 billion in crypto transactions and ranked first globally for stablecoin ownership, with 95 percent of users preferring…

Rwanda’s Rwf7.8tn budget hits parliament

Rwanda Finance Minister Yusuf Murangwa presented the Rwf7.8 trillion ($990 million) national budget to Parliament…

Standard Bank backs Dangote refinery IPO

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