The loan supports rice shipments from India, Thailand, and Vietnam to African countries where rice forms a dietary staple. (112 characters)
In...
Solidaire Banque signed a three-year partnership with Visa to expand electronic payments in the Democratic Republic of Congo.
The bank plans new debit...
Solidaire Banque signed a three-year partnership with Visa to expand electronic payments in the Democratic Republic of Congo.
The bank plans new debit...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16.
Inflation fell to -0.8% in the fourth quarter of 2025 after...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16.
Inflation fell to -0.8% in the fourth quarter of 2025 after...
Tamini General Insurance has launched operations as Uganda’s first Islamic insurer.
The company offers Takaful, a risk-sharing model aligned with...
Tamini General Insurance has launched operations as Uganda’s first Islamic insurer.
The company offers Takaful, a risk-sharing model aligned with...
Nigeria’s gross external reserves rose to $50.45 billion on Feb. 16, their highest level in 13 years.
The reserve stock covers 9.68 months of...
Nigeria’s gross external reserves rose to $50.45 billion on Feb. 16, their highest level in 13 years.
The reserve stock covers 9.68 months of...
Verdant Capital structured a $5 million equity placement for Polysmart Packaging Group.
The funds will expand food-grade recycled PET production...
Verdant Capital structured a $5 million equity placement for Polysmart Packaging Group.
The funds will expand food-grade recycled PET production...
Askadar Housmane Sanou has been appointed to lead Burkina Faso’s state investment fund, CDI-BF.
The fund, created in 2023, is central to...
Askadar Housmane Sanou has been appointed to lead Burkina Faso’s state investment fund, CDI-BF.
The fund, created in 2023, is central to...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with the deadline set for March 31, 2026.
Banks have...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with the deadline set for March 31, 2026.
Banks have...
On February 27, 2026, AfDB's board approved a €6.5M investment in Saviu II — €4.5M in equity and €2M first-loss via the EU's Boost...
On February 27, 2026, AfDB's board approved a €6.5M investment in Saviu II — €4.5M in equity and €2M first-loss via the EU's Boost...
Afreximbank increases CARICOM financing ceiling from US$3 billion to US$5 billion to accelerate regional transformation and value...
Afreximbank increases CARICOM financing ceiling from US$3 billion to US$5 billion to accelerate regional transformation and value...
BGFI raises CFA 45.3 billion in BVMAC IPO tranche
7,601 investors from 24 countries subscribed shares
Listing to make BGFI first multinational on...
BGFI raises CFA 45.3 billion in BVMAC IPO tranche
7,601 investors from 24 countries subscribed shares
Listing to make BGFI first multinational on...
Stanbic, Standard Bank arrange $205 million loan for E&P
Five-year facility supports mining partnership with Gold Fields
Mining sector...
Stanbic, Standard Bank arrange $205 million loan for E&P
Five-year facility supports mining partnership with Gold Fields
Mining sector...
Guinea’s central bank has relaunched the creation of a national stock exchange.
The reform aims to expand long-term financing in local currency and...
Guinea’s central bank has relaunched the creation of a national stock exchange.
The reform aims to expand long-term financing in local currency and...
Senegal raised CFA108.79 billion ($195 million) on the regional market but at rising short-term borrowing costs.
Its 364-day yield reached 6.79%, 63...
Senegal raised CFA108.79 billion ($195 million) on the regional market but at rising short-term borrowing costs.
Its 364-day yield reached 6.79%, 63...
Nigeria’s real GDP grew 4.07% year-on-year in Q4 2025, up from 3.98% in Q3, according to the National Bureau of Statistics.
Oil sector growth...
Nigeria’s real GDP grew 4.07% year-on-year in Q4 2025, up from 3.98% in Q3, according to the National Bureau of Statistics.
Oil sector growth...
BGFIBank Cameroon raises capital from 20 to 50 billion CFA
Move exceeds new CEMAC minimum capital requirement
Reform aims to boost resilience, expand...
BGFIBank Cameroon raises capital from 20 to 50 billion CFA
Move exceeds new CEMAC minimum capital requirement
Reform aims to boost resilience, expand...
EIB invested 3.1 billion euros in Africa 2025
About 46% allocated to climate, sustainability projects
Funding aligned with EU Global Gateway...
EIB invested 3.1 billion euros in Africa 2025
About 46% allocated to climate, sustainability projects
Funding aligned with EU Global Gateway...
IFC plans to invest up to $52 million in a microfinance group operating in Kenya, Uganda and Tanzania.
The funding will support local...
IFC plans to invest up to $52 million in a microfinance group operating in Kenya, Uganda and Tanzania.
The funding will support local...
Gabon launched a CFA85 billion ($153 million) bond on the Cemac market, offering 6% over three years and 6.5% over four years.
The issuance...
Gabon launched a CFA85 billion ($153 million) bond on the Cemac market, offering 6% over three years and 6.5% over four years.
The issuance...
Senegal launches 200 billion CFA bond in UEMOA
Proceeds to fund 2026 budget, transformation agenda
IMF flags debt at 132% of GDP
Senegal on...
Senegal launches 200 billion CFA bond in UEMOA
Proceeds to fund 2026 budget, transformation agenda
IMF flags debt at 132% of GDP
Senegal on...
Senegal plans diaspora-focused real estate investment fund
Remittances total 2.2 trillion CFA francs annually
Fund aims to channel savings into rental...
Senegal plans diaspora-focused real estate investment fund
Remittances total 2.2 trillion CFA francs annually
Fund aims to channel savings into rental...
Proparco grants €20 million guarantee to NSIA Bank
Facility covers 50% of SME loan risk
SMEs account for 67% of Benin GDP
Proparco, the...
Proparco grants €20 million guarantee to NSIA Bank
Facility covers 50% of SME loan risk
SMEs account for 67% of Benin GDP
Proparco, the...
Himile to invest $100 million in Egypt factory
Plant to create up to 2,000 jobs
Facility to serve Middle East, Europe, Americas...
Himile to invest $100 million in Egypt factory
Plant to create up to 2,000 jobs
Facility to serve Middle East, Europe, Americas...
I.M.F. completes two reviews, unlocking about $2.3 billion for Egypt
Inflation has fallen sharply, and currency pressures have eased
The...
I.M.F. completes two reviews, unlocking about $2.3 billion for Egypt
Inflation has fallen sharply, and currency pressures have eased
The...
Hub2, Ecobank to link 200 million mobile wallets
Rollout to focus first on UEMOA and CEMAC
Africa holds 74% of global mobile money...
Hub2, Ecobank to link 200 million mobile wallets
Rollout to focus first on UEMOA and CEMAC
Africa holds 74% of global mobile money...
Liquid repays ZAR loan and $220 million facility
Secures $410 million new credit, $195 million equity
Plans $300 million bond...
Liquid repays ZAR loan and $220 million facility
Secures $410 million new credit, $195 million equity
Plans $300 million bond...
DRC central bank to launch Bloomberg FXGO DRC platform
Six-week beta underway before rollout within two months
System aims to boost FX...
DRC central bank to launch Bloomberg FXGO DRC platform
Six-week beta underway before rollout within two months
System aims to boost FX...
Bank records $10 million loss from sale of Cameroon and Gambia units.
Exit cuts $300 million in risk-weighted assets.
Move...
Bank records $10 million loss from sale of Cameroon and Gambia units.
Exit cuts $300 million in risk-weighted assets.
Move...
New naira 75 billion ($55.4 million) private debt fund targets Nigeria’s agribusiness sector.
First phase aims to raise naira 25 billion from...
New naira 75 billion ($55.4 million) private debt fund targets Nigeria’s agribusiness sector.
First phase aims to raise naira 25 billion from...
Spiro raises $50 million to expand battery-swapping network
Afreximbank, AGG and Nithio back funding round
Company deployed 80,000...
Spiro raises $50 million to expand battery-swapping network
Afreximbank, AGG and Nithio back funding round
Company deployed 80,000...
BOAD says sovereign bond purchases are liquidity management
Member states accelerate borrowing; Senegal raises 600 billion CFA
Regional...
BOAD says sovereign bond purchases are liquidity management
Member states accelerate borrowing; Senegal raises 600 billion CFA
Regional...
IFC launches $6 billion credit insurance facility
Insurers share risk on loans to SME lenders
Facility to support up to $10...
IFC launches $6 billion credit insurance facility
Insurers share risk on loans to SME lenders
Facility to support up to $10...
Santam secures license to open reinsurance branch in India’s GIFT City
Becomes first BRICS-based insurer to establish reinsurance presence there
Move...
Santam secures license to open reinsurance branch in India’s GIFT City
Becomes first BRICS-based insurer to establish reinsurance presence there
Move...
Proparco grants 9 billion naira guarantee to support MSME lending
Risk-sharing tool could unlock up to 18 billion naira in loans over two years
Move...
Proparco grants 9 billion naira guarantee to support MSME lending
Risk-sharing tool could unlock up to 18 billion naira in loans over two years
Move...
Jean-Arsène Yerima, Regional Chief Operating Officer for Francophone West Africa at Afreximbank, sets out the bank’s strategy to fast-track...
Jean-Arsène Yerima, Regional Chief Operating Officer for Francophone West Africa at Afreximbank, sets out the bank’s strategy to fast-track...
Coris Holding confirmed its plan to enter Gabon’s banking market after expanding into Chad in 2024.
BGFIBank Gabon granted 71.29% of new loans in the...
Coris Holding confirmed its plan to enter Gabon’s banking market after expanding into Chad in 2024.
BGFIBank Gabon granted 71.29% of new loans in the...
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Cameroon’s CDEC Seeks CFA3.68bn From BGFIBank and Orange Money Over Public Contract Dispute
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