Finance

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

Urban skyline with modern buildings
AnalysisBusiness

Africa’s GDP growth forecast upgraded to 4.3%, the fastest in the world

By
Africaspoint Editorial

The African Development Bank has raised its 2026 GDP growth forecast for Africa to 4.3%, making the continent the fastest-growing…

African city skyline at sunset representing economic growth
AnalysisBusiness

Africa set to outgrow Asia in 2026 for the first time in history

By
Africaspoint Editorial

The IMF projects Africa will be the fastest-growing region in the world in 2026, surpassing Asia for the first time…

AgricultureBusiness

Kenya offers foreign investors a Sh258 billion stake in Kenya Airways to revive the national carrier

By
Africaspoint Editorial

Kenya is offering a significant equity stake in Kenya Airways, valued at approximately Sh258 billion, to foreign strategic investors as…

Africa gold mining JSE market cap 2026Airtel Zambia $1 billion market capitalisation LuSE Lusaka Securities Exchange 2026

Airtel Zambia joins the $1bn club

Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…

Ethiopia EV electric motorcycle Spiro Roam BasiGo Kenya 80 percent 2026Nala stablecoin Tanzania fintech $50m Liquidity MUFG 2026

Spiro bets on batteries, not motorcycles

Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…

Africa minerals railway DRC Zambia AngolaRwanda

Tanzania self-funds its $24bn budget

Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…

CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026Nigeria

Cardoso wins Central Bank of the Year

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…