Finance

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

A stunning aerial view of Cape Town city lights at night against Table Mountain.
AfricaBusiness

South Africa’s $8bn Afreximbank deal lands

By
Africaspoint Editorial

South Africa joined Afreximbank on February 4, 2026, becoming the 54th member state and unlocking a $8 billion Country Programme…

West Africa gold mine industrial operations extraction open pit mining
AfricaBusiness

Endeavour Mining posts record $880m EBITDA

By
Africaspoint Editorial

Endeavour Mining posted record Q1 2026 adjusted EBITDA of $880 million and free cash flow of $613 million as gold…

AfricaBusiness

Africa’s $164bn sovereign funds eye minerals

By
Africaspoint Editorial

Africa's sovereign wealth funds have surpassed $164 billion in combined assets and are repositioning as active co-investors in mining development.…

Lagos Nigeria urban skyline city commercial business district economy
AfricaBusiness

Tinubu’s three-year reform scorecard is mixed

By
Africaspoint Editorial

Three years into Tinubu's reforms, Nigeria's GDP averages 3.46% quarterly growth, external reserves stand at $49.26 billion and federal revenues…

Angola GDP growth 5.3 percent non-oil diversification Q1 2026Dangote Refinery IPO

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

Africa startup funding May 2026 $259 million Bima NALA LemFi fintech reboundAI

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

South Africa immigration xenophobia Ramaphosa March deportation crackdown 2026South Africa Infrastructure

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…

Explore the modern cityscape of Addis Ababa featuring towering skyscrapers and vibrant architecture.
AfDB African Economic Outlook 2026 GDP growth BrazzavilleAfDB NAFAD Brazzaville 2026 New African Financial Architecture governors

Brazzaville gives AfDB’s NAFAD a mandate

Nairobi Kenya finance banking office tower city business district
I&M Group Kenya bank profit record KSh 5 billion Q1 2026Kenya

Standard Chartered Kenya profit falls 26%

Kenya Nairobi banking finance business district investment growth East Africa
Equity Group James Mwangi Lobito Corridor Angola Zambia Mozambique 2026I&M Group Kenya bank profit record KSh 5 billion Q1 2026

I&M Group breaks Kenya banking record

Africa startup funding $1 billion H1 2026 venture capitalAfrica tech ecosystem energy logistics fintech investment 2026

Nala raises $50m for stablecoin push

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