Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Burkina Faso mines fund hits $152m
Burkina Faso's Mining Development Fund collected CFA 85.72 billion ($152 million) in 2025, the country's strongest annual haul since the…
AfDB backs Benin capital markets fund
The African Development Bank has signed a $330,000 grant with the Caisse des Dépôts et Consignations du Bénin to build…
Kenya puts 12 brands in Africa 500
Twelve Kenyan firms have been ranked among Africa's top 500 brands in Brand Finance's 2026 sector reports, with Equity Bank…
Malawi cuts rates for first time in two years
The Reserve Bank of Malawi cut its policy rate by 200 basis points to 24% on March 5, the first…
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…