Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Africa becomes Europe’s gas lifeline
The Strait of Hormuz closure and collapsing Russian supply have pushed Europe toward Africa's LNG and pipeline gas. Algeria, Nigeria,…
Ethiopia spends billions shielding fuel prices from Gulf war
Ethiopia has sharply expanded fuel subsidies after the US-Israel-Iran conflict closed the Strait of Hormuz and pushed global diesel prices…
Egypt raised $604m in tech funding in 2025
Egypt raised $604 million across 100 deals in 2025, a 37% year-on-year increase, ranking third in Africa by both funding…
East Africa’s banks face the fintech reckoning
Fintechs and mobile money operators are structurally eroding the core business of East African banks, squeezing fee income, deposits, and…
