Finance

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

Carbon Finance Can Cut the Cost of a Clean Cookstove from $50 to $3. Africa Has No Better Option.

Africa's clean cooking crisis is not a technology problem — it is an affordability problem. Carbon finance is the only…

Nigeria’s VAT Revenue Jumps 28% Year-on-Year to N2.28 Trillion in Q3 2025

Nigeria collected N2.28 trillion in Value Added Tax in the third quarter of 2025, a 28.10% jump from the same…

Afreximbank Commits $5bn to the Caribbean, Bringing Africa’s Biggest Bank to a New Hemisphere

Afreximbank has raised its Caribbean financing ceiling from $3 billion to $5 billion, targeting full deployment within four years across…

Safaricom’s Ziidi Puts the Nairobi Stock Exchange in Every Kenyan’s Pocket

Safaricom's Ziidi investment platform has grown from a KES 1.3 billion money market fund at launch to KES 15.1 billion…

Egypt opens Africa’s longest monorail line

President Sisi inaugurated the 56.5km East Nile Monorail on March 20, connecting Cairo Stadium in…

Ghana’s lithium problem isn’t geology. It’s people.

Ghana's Ewoyaa lithium project is set to produce 3.6 million tonnes of spodumene concentrate over…

From Alexandra township to running Africa’s biggest bank

Mary Vilakazi grew up in Alexandra township, sold sweets for pocket money, financed her education…

All four SA banks are chasing Kenya

All four of South Africa's biggest banks are targeting Kenya simultaneously. Nedbank is buying NCBA.…