Finance

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

Close-up of stock market trading screen displaying financial growth and charts.
AfricaFinance

AFC closes record $2bn syndicated loan

By
Africaspoint Editorial

Africa Finance Corporation raised a record $2 billion syndicated loan on June 4, upsized from $1.6 billion after strong demand…

AfricaFinance

Rwanda locks in $250m IMF credit facility

By
Africaspoint Editorial

The IMF Executive Board approved Rwanda's $250 million, 38-month Extended Credit Facility on June 9, with an immediate $35.7 million…

Nigeria crude oil export tanker ship trade surplus commerce Atlantic petroleum
AfricaBusiness

Nigeria’s trade surplus triples to N7.55tn

By
Africaspoint Editorial

Nigeria's Q1 2026 merchandise trade surplus surged 341% to N7.55 trillion ($4.1 billion) from N1.71 trillion in Q4 2025, driven…

red and black metal tower during sunset
AfricaBusiness

Heirs Energies wins global oil deal prize

By
Africaspoint Editorial

Heirs Energies won Best Oil and Gas Deal of the Year at the EMEA Finance Project Finance Awards 2026 for…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

View of Addis Ababa's bustling streets and modern architecture on a rainy day.
Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia

Ethiopia clears IMF review, unlocks $468m

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

View of Palácio Dona Ana Joaquina in Luanda, showcasing colonial architecture.
Angola GDP growth 5.3 percent non-oil diversification Q1 2026Zimbabwe Zambia railway Lion's Den Kafue corridor 2026

Angola’s economy breaks free of oil

Africa central Congo DRC urban city development finance banking infrastructure
Equity Group DRC Congo insurance profit 58 percent Mwangi BCDC 2026Equity Group James Mwangi Lobito Corridor Angola Zambia Mozambique 2026

Equity’s Congo goldmine: 58% profit surge

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