Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
$50m fund bets on Africa’s film industry
Akunna Cook's Next Narrative Africa Fund is deploying $50 million into African film and TV, with a first slate of…
Seychelles holds Africa’s strongest passport in 2026
Seychelles retains the top spot among African passports in the 2026 Henley Passport Index, ranking 24th globally with visa-free or…
Congo’s first refinery ends decades of loss
On March 11 2026, the Democratic Republic of Congo opened its first official gold refinery in Kalemie, Tanganyika province, a…
Africa’s billionaires hit $126bn collective wealth
Africa's 23 billionaires are collectively worth $126.7 billion, up 21% from $105 billion a year ago, according to Forbes' 2026…
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…