Finance

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

AfricaBusiness

Kenya and Rwanda open up fintech borders

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Africaspoint Editorial

The Central Bank of Kenya and the National Bank of Rwanda have signed an MoU to create a Licence Passporting…

AfricaBusiness

The African insurer taking on Europe

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Africaspoint Editorial

South Africa's OUTsurance has turned its €160 million bet on Ireland into a functioning, growing business, attracting thousands of customers,…

AfricaBusiness

Ivory Coast’s $852m cocoa goes local

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Africaspoint Editorial

Ivory Coast has sold more than 400,000 metric tons of cocoa export contracts to local grinders in just 10 days,…

AfricaBusiness

Kenya’s CPF bets $20m on Rwanda

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Africaspoint Editorial

CPF Group, a Kenyan financial services firm with a $3 billion portfolio, has opened a Kigali office with an initial…

Rwanda’s Rwf7.8tn budget hits parliament

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

Africa GDP 4.2 percent growth fastest economies 2025 2026Berbera port Somaliland DP World Ethiopia Horn of Africa trade gateway 2026

China embeds deeper in Africa’s ports

China holds stakes in roughly one-third of African ports, has invested $50 billion in port…

Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Dangote Refinery IPO

Standard Bank backs Dangote refinery IPO

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

Ethiopian Airlines global competitor US Ambassador Boeing GE Africa 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Uganda Airlines orders 10 Boeing aircraft

Uganda Airlines signed a commitment with Boeing on June 10 to acquire 10 aircraft including…

AfDBAfrica Capital Markets

AfDB backs Benin capital markets fund

Brand Finance AfricaEquity Bank Kenya

Kenya puts 12 brands in Africa 500

Malawi Reserve Bank interest rate cut monetary policy 2026
MalawiMalawi Inflation

Malawi cuts rates for first time in two years

Emmerson MnangagwaIMF Zimbabwe

Zimbabwe moves to clear $23bn debt

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