Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
Kenya and Rwanda open up fintech borders
The Central Bank of Kenya and the National Bank of Rwanda have signed an MoU to create a Licence Passporting…
The African insurer taking on Europe
South Africa's OUTsurance has turned its €160 million bet on Ireland into a functioning, growing business, attracting thousands of customers,…
Ivory Coast’s $852m cocoa goes local
Ivory Coast has sold more than 400,000 metric tons of cocoa export contracts to local grinders in just 10 days,…
Kenya’s CPF bets $20m on Rwanda
CPF Group, a Kenyan financial services firm with a $3 billion portfolio, has opened a Kigali office with an initial…
Newsletter
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.…