Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Fitch rewards South Africa’s fiscal discipline
Fitch Ratings upgraded South Africa from BB minus to BB on June 5, the first upward rating action in 21…
Ghana’s FDI quadruples to $2.61bn
Ghana attracted $2.61 billion in FDI in 2025, more than four times the $652 million in 2024, according to provisional…
Ethiopia clears IMF review, unlocks $468m
The IMF reached a staff-level agreement on Ethiopia's fifth ECF review on June 3, paving the way for a $468…
African-owned PE raises the $500m bar
Admaius Capital Partners, the Kigali-headquartered African-owned PE firm, has launched Virunga Africa Fund II targeting $500 million, doubling Fund I's…
