Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Nigeria Secures $126M European Fibre Investment
Nigeria has received $126 million in European funding commitments to support its ambitious national fibre optic expansion project known as…
Ghana courts its diaspora to shift from sending remittances to investing in the country’s economic recovery
Ghana is actively mobilising its diaspora in the UK and beyond to shift from sending remittances to making structured investments…
UBA launches diaspora investment platform to turn Africa’s $100 billion in annual remittances into long-term wealth
UBA has launched a diaspora banking platform in Lagos designed to channel Africa's $100 billion annual remittance flows into structured…
Morocco’s Yakeey raises $15 million to expand its property technology platform across North Africa
Moroccan property technology startup Yakeey has raised $15 million in a Series A funding round, making it one of the…
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…