The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as residents. The move aims to capture diaspora...
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for intra-African trade businesses Initiative aims...
The International Monetary Fund (IMF) held a three-day training session for economic journalists in Kinshasa from March 17 to 19, 2026, in collaboration...
Adenia Entrepreneurial Fund I (AEF) secures $180 million in its first close, exceeding its $150 million target. The fund targets...
Bank of Ghana lowers its policy rate by 150 basis points to 14%, the lowest since July 2021. The cut reflects improving macroeconomic conditions...
Equity Group reports 75.5 billion shillings profit, up 55% Growth driven by regional subsidiaries and digital banking expansion Board raises...
Tanzania’s central bank has taken a stake in Africa Finance Corporation The move gives access to long-term infrastructure financing and technical...
Cameroon plans a CFA40 billion capital increase for BC-PME, pending regulator approval Funds will support lending to agriculture-linked sectors under...
IFC plans a $22.6 million guarantee to support private health projects in Abidjan Two specialized centers—oncology and ophthalmology—are set to...
BOA Senegal net profit rises 10.1% to 21.9bn CFA francs Growth driven by higher banking income and controlled loan losses Bank maintains dividend as...
Côte d’Ivoire raises 110bn CFA francs, meeting full target Investor demand hits 291bn CFA francs, nearly threefold oversubscribed Strong...
Three insurers placed under administration for failing solvency requirements Policyholders’ Compensation Fund takes control of...
Government suppliers assured continued access to foreign currency despite shift to ZiG payments RBZ campaign reaches 610,000 people across 48...
Kenya and Rwanda sign deal to recognize payment licenses across borders The move aims to cut regulatory duplication and ease market...
Woolworths signs deal to acquire longtime supplier in2food Holdings Move aims to strengthen supply chain control and boost premium offering The deal...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID), in partnership with ASKY Airlines and Plan International Togo, successfully hosted the...
BOA Niger warns net profit to drop 92% in 2025 Decline driven by high provisions amid rising non-performing loans Sanctions and weak lending...
British International Investment and Deutsche Bank launch a $150 million facility to support trade finance across Africa. The program...
Sanlam Maroc and Allianz Maroc approve merger, creating unified insurer Allianz Maroc absorbed; shareholders receive 5 Sanlam shares per 2 Deal...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...
African startups raised more than $272 million in February 2026, according to Africa: The Big Deal. Funding increased 56% from January, signaling...
KCB Group plans to acquire a stake in an Ethiopian bank as part of its expansion strategy. The investment depends on regulatory approval in Ethiopia’s...
Cameroonian official Éric Kouaghu Tchuisseu has been appointed secretary general of the regional insurance regulator CIMA. He will take office on...
The International Finance Corporation is providing a $30 million trade finance guarantee to Banco de Fomento Angola. The facility will support...
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Relance 2026-2030 program Bank’s cumulative financing in...
Burkina Faso has created Yennenga Holding to centralize state stakes in banks and a reinsurer. The new entity will manage holdings in BCB, BADF,...
International Finance Corporation approved a senior loan of up to €50 million ($58 million) to Société Générale Sénégal to expand financing for...
Persistent launched the $70 million Persistent Africa Climate Venture Builder Fund (Persistent ACV Fund) to finance African climate...
Fund targets office, logistics, industrial, mixed-use projects in urban hubs First investment: office development site in Casablanca’s Casa-Anfa...
Rwanda launches 2025-2030 roadmap to expand financial inclusion Formal financial inclusion rose from 21% in 2008 to 92% Strategy targets...
Cameroon plans CFA82 billion additional tranche after oversubscribed Eurobond Initial $750 million issuance attracted nearly $1 billion...
Visa and Afriland First Bank signed a strategic agreement to expand electronic payments in Cameroon. The partnership aims to support financial...
Africa Logistics Properties lists East Africa's first industrial REIT on the NSE, raising $29.55M, with total listing value of $39.95M. The...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees, with annual costs rising sharply due to growing...
African Solidarity Fund signs $26 million counterguarantee with Cape Verde’s Pro Garante Facility backs bank loans to businesses, especially...

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