Finance

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

Angola oil production petroleum Atlantic export windfall fiscal revenue Luanda
AfricaFinance

Angola’s $107 oil windfall meets SA’s supply crisis

By
Africaspoint Editorial

Angola's 2026 budget used a $61 oil reference price; Brent is at $107, generating roughly $50 million per day in…

AfricaFinance

Kenya Finance Bill 2026 hits KQ and fintech hard

By
Africaspoint Editorial

Kenya's Finance Bill 2026 ends Kenya Airways' withholding tax exemption on overseas technical payments, expands the royalty definition to cover…

Oil tanker OPEC Victory sailing on the Bosporus under clear skies, emitting smoke.
AfricaFinance

UAE quits OPEC, squeezing Africa’s oil producers

By
Africaspoint Editorial

The UAE formally left OPEC on May 1, targeting production of 5 million barrels per day by 2027 unencumbered by…

a large red sign on top of a building
AfricaBusiness

SA manufacturing bounces to 52.6 but rally in doubt

By
Africaspoint Editorial

South Africa's Absa PMI rebounded to 52.6 in April 2026 from 49.0 in March, returning to expansion for the first…

Africa fintech unicorn public listing 2026Africa startup funding Q1 2026

Airtel Africa profit triples to $813m as data beats voice

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…

Africa fintech unicorn public listing 2026Africa telecom infrastructure consolidation

Safaricom FY2026: record KSh80bn dividend, profit up 67%

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…

Enoch Godongwana Treasury fiscal policySouth Africa energy transition load shedding end

South Africa unemployment hits 32.7% as 345,000 jobs lost

South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…

Dangote Mombasa refinery Kenya East Africa 2026Dangote Refinery IPO 2026

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…

IMF Sub-Saharan Africa outlook 2026Kenya CBK monetary policy 2026

Kenya CBK ends 10-cut cycle as oil shock bites

currency, note, paper, money, ghana, cedi, brown money, brown note, ghana, ghana, ghana, ghana, ghana
Ghana cedi IMF recovery 2026Ghana GDP growth gold exports 2026

Ghana’s cedi posts best Q1 in six years

Africa private capital local investors 2026Africa private equity venture capital 2026

AVCA Nairobi: local capital rises as exits hit record

Africa fintech unicorn public listing 2026African Development Bank 2026

OPay hits $3.1bn as Opera flags 85% IPO probability

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