32 Nigerian banks meet capital requirements ahead of March 31, 2026 deadline
Banks raise 4.61 trillion naira, with 27% from foreign...
Cosumaf grants brokerage licenses to three firms, including Smart Capital
Move aims to expand participation in Cemac regional financial market
Smart...
Cosumaf grants brokerage licenses to three firms, including Smart Capital
Move aims to expand participation in Cemac regional financial market
Smart...
IFC considers €13 million loan to Mali’s Société Diarra Négoce
Funds to build grain mill, storage, solar plant near Bamako
Project targets rising...
IFC considers €13 million loan to Mali’s Société Diarra Négoce
Funds to build grain mill, storage, solar plant near Bamako
Project targets rising...
Gabon allocates $6.9 million to acquire 35% stake in ABG
Move aims to stabilize firm and protect 800 jobs
Company faced cash issues,...
Gabon allocates $6.9 million to acquire 35% stake in ABG
Move aims to stabilize firm and protect 800 jobs
Company faced cash issues,...
Fraud rate drops 28% to 2.6% across African crypto markets in 2025
Faster identity checks and stronger compliance drive...
Fraud rate drops 28% to 2.6% across African crypto markets in 2025
Faster identity checks and stronger compliance drive...
$20 million loan to support lending to small businesses
At least 25% of funds allocated to women-led enterprises
Financing aims to ease major...
$20 million loan to support lending to small businesses
At least 25% of funds allocated to women-led enterprises
Financing aims to ease major...
Ci Gaba VC Limited secures $34.9 million in its first close, targeting a final $90 million (1 billion GHS).
The fund-of-funds invests in...
Ci Gaba VC Limited secures $34.9 million in its first close, targeting a final $90 million (1 billion GHS).
The fund-of-funds invests in...
Cameroon, Congo, and Gabon seek new IMF programs after previous ones expired
Regional bloc commits to sustaining reforms and rebuilding...
Cameroon, Congo, and Gabon seek new IMF programs after previous ones expired
Regional bloc commits to sustaining reforms and rebuilding...
Program has supported about 50 women-led businesses since 2023
Nearly CFA7 billion mobilized combining financing and technical support
New cohort of...
Program has supported about 50 women-led businesses since 2023
Nearly CFA7 billion mobilized combining financing and technical support
New cohort of...
Proparco and RMBV take minority stake through $91 million capital increase
Funds to support industrial expansion and West Africa growth
Group...
Proparco and RMBV take minority stake through $91 million capital increase
Funds to support industrial expansion and West Africa growth
Group...
Visa trains banks and fintechs in Dakar through intensive program
Initiative combines technical expertise with real-world case studies
Group...
Visa trains banks and fintechs in Dakar through intensive program
Initiative combines technical expertise with real-world case studies
Group...
Net profit drops 14% to CFA19.25 billion in 2025
Cost of risk nearly doubles, cutting operating income
Bank shifts toward more liquid assets amid...
Net profit drops 14% to CFA19.25 billion in 2025
Cost of risk nearly doubles, cutting operating income
Bank shifts toward more liquid assets amid...
The Central Bank of Nigeria requires money transfer operators to open naira settlement accounts locally from May 1.
Authorities aim to improve...
The Central Bank of Nigeria requires money transfer operators to open naira settlement accounts locally from May 1.
Authorities aim to improve...
South Africa’s Happy Pay raises $5 million to expand BNPL services
Funds to boost partnerships, technology, and fraud prevention...
South Africa’s Happy Pay raises $5 million to expand BNPL services
Funds to boost partnerships, technology, and fraud prevention...
Boston Consulting Group estimates Africa’s creative exports could reach $140–150 billion by 2030.
The sector currently generates $59...
Boston Consulting Group estimates Africa’s creative exports could reach $140–150 billion by 2030.
The sector currently generates $59...
Ivory Coast outlined eight budget priorities focused on reforms, performance, and revenue mobilization.
Authorities aim to complete the IMF-backed...
Ivory Coast outlined eight budget priorities focused on reforms, performance, and revenue mobilization.
Authorities aim to complete the IMF-backed...
(SOUTHBRIDGE) - SouthBridge Investments announced its selection, for the second time, as an Emerging Impact Manager (EIM) in the ImpactAssets 50® (IA 50)...
(SOUTHBRIDGE) - SouthBridge Investments announced its selection, for the second time, as an Emerging Impact Manager (EIM) in the ImpactAssets 50® (IA 50)...
Littlefish raised $9.5 million in a Series A round led by Partech Partners.
The startup plans to expand into more than 10 African markets,...
Littlefish raised $9.5 million in a Series A round led by Partech Partners.
The startup plans to expand into more than 10 African markets,...
The European Investment Bank and Bank of Industry signed €135 million ($156.3 million) in loans targeting healthcare manufacturing and...
The European Investment Bank and Bank of Industry signed €135 million ($156.3 million) in loans targeting healthcare manufacturing and...
Togo raises 27.5 billion CFA francs, exceeding 25 billion target
Strong demand with 134.5 billion CFA francs bids, 538% coverage
Total 2026...
Togo raises 27.5 billion CFA francs, exceeding 25 billion target
Strong demand with 134.5 billion CFA francs bids, 538% coverage
Total 2026...
Three African countries are negotiating over $500 million in debt-for-nature swaps
Deals aim to cut debt while financing environmental...
Three African countries are negotiating over $500 million in debt-for-nature swaps
Deals aim to cut debt while financing environmental...
Moniepoint acquires restaurant software platform Orda Africa
Deal expands integrated services across payments, operations, analytics
Targets...
Moniepoint acquires restaurant software platform Orda Africa
Deal expands integrated services across payments, operations, analytics
Targets...
Ghana’s stock market gained nearly 20% since late February, leading globally
Bank stocks drove the rally, alongside oil-linked gains
Stronger economic...
Ghana’s stock market gained nearly 20% since late February, leading globally
Bank stocks drove the rally, alongside oil-linked gains
Stronger economic...
BOA Niger will not pay dividends for 2025 after profits fell 91.8%
Earnings dropped sharply amid weaker income, higher costs, and a tough...
BOA Niger will not pay dividends for 2025 after profits fell 91.8%
Earnings dropped sharply amid weaker income, higher costs, and a tough...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as residents.
The move aims to capture diaspora...
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...
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...
The International Monetary Fund (IMF) held a three-day training session for economic journalists in Kinshasa from March 17 to 19, 2026, in collaboration...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital
Guinea launches rights issue; Sovereign Trust awaits NGX approval
Raises aim meet...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital
Guinea launches rights issue; Sovereign Trust awaits NGX approval
Raises aim meet...
Adenia Entrepreneurial Fund I (AEF) secures $180 million in its first close, exceeding its $150 million target.
The fund targets...
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...
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...
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...
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...
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...
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...
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...
Côte d’Ivoire raises 110bn CFA francs, meeting full target
Investor demand hits 291bn CFA francs, nearly threefold oversubscribed
Strong...
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