Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
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…
Zimbabwe moves to clear $23bn debt
President Mnangagwa says Zimbabwe is actively working to clear its $23 billion debt to multilateral institutions, backed by a new…
Newsletter
Airtel Zambia joins the $1bn club
Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…
Spiro bets on batteries, not motorcycles
Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…
Tanzania self-funds its $24bn budget
Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…
Cardoso wins Central Bank of the Year
Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…