Finance

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

Ghana’s Inflation Just Hit 3.3%. A Year Ago It Was 23%.

Ghana's year-on-year inflation fell to 3.3% in February 2026, the 14th consecutive monthly decline and the lowest reading since the…

Africa Sits on 125 Billion barrels of Oil, yet it pays World prices anyway.

Africa holds 125 billion barrels of proven oil reserves yet most of its 54 nations set fuel prices by benchmarks…

JSE Up 44% in a Year. BofA Says the Run Is Not Over Yet.

Bank of America says South Africa's record stock market run has further to go, driven by gold up 86%, platinum…

Carbon Finance Can Cut the Cost of a Clean Cookstove from $50 to $3. Africa Has No Better Option.

Africa's clean cooking crisis is not a technology problem — it is an affordability problem. Carbon finance is the only…

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…