Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Rwanda locks in $250m IMF credit facility
The IMF Executive Board approved Rwanda's $250 million, 38-month Extended Credit Facility on June 9, with an immediate $35.7 million…
Nigeria’s trade surplus triples to N7.55tn
Nigeria's Q1 2026 merchandise trade surplus surged 341% to N7.55 trillion ($4.1 billion) from N1.71 trillion in Q4 2025, driven…
Heirs Energies wins global oil deal prize
Heirs Energies won Best Oil and Gas Deal of the Year at the EMEA Finance Project Finance Awards 2026 for…
Fitch rewards South Africa’s fiscal discipline
Fitch Ratings upgraded South Africa from BB minus to BB on June 5, the first upward rating action in 21…
Admaius Capital Virunga II $500 million Africa private equity IFC 2026Africa GDP 4.2 percent growth fastest economies 2025 2026
African-owned PE raises the $500m bar
Angola GDP growth 5.3 percent non-oil diversification Q1 2026Zimbabwe Zambia railway Lion's Den Kafue corridor 2026
