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…
Newsletter
Rwanda’s Rwf7.8tn budget hits parliament
Rwanda Finance Minister Yusuf Murangwa presented the Rwf7.8 trillion ($990 million) national budget to Parliament…
China embeds deeper in Africa’s ports
China holds stakes in roughly one-third of African ports, has invested $50 billion in port…
Standard Bank backs Dangote refinery IPO
Standard Bank Group CEO Sim Tshabalala visited the Dangote Petroleum Refinery in Lagos on June…
Uganda Airlines orders 10 Boeing aircraft
Uganda Airlines signed a commitment with Boeing on June 10 to acquire 10 aircraft including…