Ventures Platform raises $64M in first close of $75M fund New fund targets fintech, healthtech, agritech, edtech, and AI...
Banque Misr inaugurated its new branch in Djibouti on November 5, 2025. The move aligns with its African expansion strategy and Egypt’s trade...
After several delays, the Association of African Petroleum Producers (APPO) has set a new deadline to make the African Energy Bank operational. A summit...
Deal would cut debt, fund Congo Basin forest conservation Talks ongoing with European partners; timeline not yet set After raising $670...
MTN Nigeria, Ericsson test triple-band MIMO, boost 4G speeds Trial shows 3.2x download, 4x upload speed improvement Technology streamlines 4G, readies...
The issuance confirms the renewed attractiveness of Abuja's economy to investors, despite geopolitical tensions and the naira's volatility. This market...
Afreximbank urges stronger trade finance to boost Africa's growth Intra-African trade hit $208B in 2024, but gaps persist Seminar in Abidjan...
Cameroon considers new IMF program for 2026-2029 Finance Minister warns support loss risks fiscal, FX instability IMF aid key to CEMAC reserve...
BOA boosts capital by $115.9M via free share issuance 4.5M new shares distributed; stock price remains stable Group operates in 18 African...
BGFIBank commits $210M for Kribi oil refinery project New 30,000 bpd refinery to cut fuel imports, boost GDP SNH, Ariana Energies lead project;...
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Nigerian eurobonds fell slightly after Donald Trump threatened military intervention. The 2051 eurobond dropped 0.5 cent before recovering, trading...
The $11.5 million deal aims to boost Chad’s imports and food security. It brings Proparco’s total guarantees to Ecobank to €125 million...
Samb’a Assurances Gabon, the first microinsurance company in Central Africa licensed by the Inter-African Conference on Insurance Markets (CIMA), plans to...
Republic of Congo raises $670M through Eurobond issue after 20-year absence Proceeds to refinance short-term debt; 2032 bond priced at...
EIB invests €20M in fund aiding EU SMEs' Africa expansion Amethis fund targets growth sectors to build EU-Africa business ties Investment...
COBAC raises bank capital requirement to 25 billion CFA francs from 10 billion Compliance deadline extended to 2029 as most banks face...
Since its establishment in 2011, the specialized fund, dedicated to supporting African SMEs, reports it has already unlocked over $5 billion in...
(YMO)-YMO, the Guinean fintech with global reach, abolishes all transfer and withdrawal fees to Guinea. A historic first for the remittance sector,...
The monthlong campaign will collect data from households and businesses. The initiative aims to improve access to financial services for vulnerable...
Subscriber base shrinks 4.4% amid taxes, regulations, and SIM rules Firm boosts investment in 5G, fintech, and regional digital platforms Sonatel,...
Zenith Bank Q3 pretax profit drops 8.4% to ₦917.4B on higher loan losses Net interest income up 50%; deposits and assets show continued growth Bank...
(MEDIAMANIA)-Agence Ecofin, a leading African business news provider, has launched its Portuguese-language platform, Agência Ecofin, extending its reach...
Coris Bank Q3 profit rises 6.25% to $93.5M on stronger operations Deposits up nearly 10%, but customer loans fall 3.2% year-on-year Bank...
Net profit fell to CFA11.9 billion amid rising raw material prices. Revenue increased slightly by 1.36% to CFA173.4 billion. The company expects...
Net profit rose to CFA83.3 billion, driven by cost control and strong activity. Customer deposits increased 13.9% to CFA2,939 billion. Loan-to-deposit...
EDFI Management Company has provided an $8.25 million partial guarantee for DEG’s $25 million long-term loan to Tanzania’s CRDB Bank. The...
Vista Bank is in advanced talks to acquire a 33% stake in ACEP Cameroon, a key step for entering the CEMAC financial market ecosystem. Finalizing the...
Funds to expand MSME lending and support regional growth strategy Group plans new market entries in Ghana, Cameroon, and others Coris Holding,...
Ecobank Côte d’Ivoire’s net profit rises 15.4% to $77.9 million Strong deposit growth and lower loan-loss provisions drive...
BCEG says amount lent for 175 projects Government provides CFA 30B in credit guarantees to support SMEs Bank aims to boost non-oil growth and...
Net profit reached CFA25.03 billion ($44 million), up 6% year-on-year Net banking income rose 7% to CFA77.36 billion, driven by higher interest...
Net profit rose to CFA27.4 billion ($48 million) in the third quarter Banking income grew 16.4%, driven by fees and intermediation margin Deposits up...
Fund to compensate road accident victims of uninsured or hit-and-run drivers Launch planned for January 1, 2026, after completion of setup...
Parliament authorizes up to $2.85 billion in external borrowing Plan includes a $500 million sovereign sukuk, the country’s first in...

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Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
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