Banking
Every story we have published on Banking.
Largest companies in Africa 2026
Africa’s largest companies by market capitalisation in 2026 span mining, telecoms, financial services, retail and oil refining. This guide covers the continent’s biggest corporate names, where they trade, what they do,…
Ghana hits 7.7% growth, fastest since debt crisis ended
Ghana’s economy grew 7.7% in February 2026, nearly double the 3.9% rate a year earlier, with industry leading at 9.6% growth driven by mining and…
Nigeria banks hit record N20.2tn capital
Nigeria’s five largest banks crossed N20.2 trillion ($13.9 billion) in combined shareholders’ funds, the highest equity base in Nigerian banking…
Zambia cuts rates to two-year low
The Bank of Zambia cut its Monetary Policy Rate by 25 basis points to 13.25% at its May 2026 meeting, bringing borrowing costs to their lowest since…
Kenya’s DL Group denies tea sale as debt pressure mounts
Kenya’s DL Group has denied reports of a tea asset sale but Billionaires.Africa’s analysis reveals multiple live debt actions across the Langat…
Otedola gains $36.5m in a day on First HoldCo surge
Femi Otedola made $36.5 million in paper gains in a single trading day as First HoldCo surged 10% on the Nigerian Exchange following record Q1…
Rawbank posts $232m profit as DRC eyes investment banking
Rawbank, the DRC’s largest commercial bank, posted $232 million in profit and announced a regional investment banking push, positioning itself as…
Equity Bank sweeps Kenya awards as Mwangi takes CEO prize
Equity Bank swept ten categories at Kenya’s 2026 Think Business Banking Awards and CEO James Mwangi was named Overall CEO of the Year, capping a…
UBA profit halves as FX windfall evaporates
UBA posted N404.7 billion profit in FY2025, down 47% from 2024, as FX trading swung from a N182 billion gain to a N141 billion loss and loan…
Capitec crosses $1bn profit with 26 million clients
Capitec Bank posted R16.8 billion ($1.02 billion) in headline earnings for FY2026, crossing the billion-dollar profit mark for the first time in its…
Nedbank wins clearance for $856m NCBA Kenya deal
South Africa’s Nedbank has secured Kenya’s Capital Markets Authority exemption to proceed with its $856 million acquisition of 66% of NCBA Group —…
African banks cross $107bn revenue for first time
African banks crossed $107 billion in revenues in 2025 for the first time, with a 19% return on equity nearly double the global average, according…