Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Kenya Projects 5.3% Growth in 2026 Budget Plan
Treasury CS John Mbadi has tabled Kenya's 2026 Budget Policy Statement projecting 5.3% GDP growth, with inflation easing to 4.3%…
Africa Needs More Foreign Investment But the Wrong Kind Won’t Help
ISS modelling finds that raising Africa's FDI from 3% to 5.3% of GDP by 2043 would add $243.5 billion to…
South Africa Fuel Prices Rise 65 Cents in March
South Africa's petrol price rises 20 cents per litre and diesel 60 to 65 cents from 4 March, reversing two…
Ethiopia Claims 10.2% Growth Before June Vote
Prime Minister Abiy Ahmed told parliament Ethiopia is on course for 10.2% economic growth this fiscal year and that inflation…
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…