Premium Trust Bank met Nigeria’s ₦200bn capital rule seven months early, equal to about $133m at current rates.
Wema Bank, Stanbic IBTC,...
• Yunus Group opens Ivory Coast unit to finance projects, launch Yunus Pay. • Plans Ghana and Nigeria expansion with energy and digital partnerships. •...
• Yunus Group opens Ivory Coast unit to finance projects, launch Yunus Pay. • Plans Ghana and Nigeria expansion with energy and digital partnerships. •...
• Kenya's stock market is Africa's top performer since May 2024, driven by strong gains and a stable currency• The rally is concentrated in a few stocks...
• Kenya's stock market is Africa's top performer since May 2024, driven by strong gains and a stable currency• The rally is concentrated in a few stocks...
Monex Ventures and Uncovered Fund launched a $20 million investment fund for early-stage startups in Africa, the Middle East, and North...
Monex Ventures and Uncovered Fund launched a $20 million investment fund for early-stage startups in Africa, the Middle East, and North...
Equity capital markets underwriting fees in Sub-Saharan Africa fell 66% in the first half of 2025 to US$5.5 million, the lowest since records began in...
Equity capital markets underwriting fees in Sub-Saharan Africa fell 66% in the first half of 2025 to US$5.5 million, the lowest since records began in...
DRC plans $1.5B Eurobond for infrastructure, connectivity
Public debt at 18.49% of GDP, below regional average
Success depends on...
DRC plans $1.5B Eurobond for infrastructure, connectivity
Public debt at 18.49% of GDP, below regional average
Success depends on...
Japan grants Kenya ¥25 bln ($169m) samurai loan for autos and electricity
Deal signed at TICAD-9 aims to cut power losses and boost EV...
Japan grants Kenya ¥25 bln ($169m) samurai loan for autos and electricity
Deal signed at TICAD-9 aims to cut power losses and boost EV...
Facing increasingly costly and volatile Eurobonds, West African states are turning to their regional financial markets for funding. Senegal is a prime...
Facing increasingly costly and volatile Eurobonds, West African states are turning to their regional financial markets for funding. Senegal is a prime...
It’s a common scene in any Lomé (Togo) market, but it’s telling. A customer hands a 10,000 CFA franc note to a vendor to buy 1,650 francs worth of...
It’s a common scene in any Lomé (Togo) market, but it’s telling. A customer hands a 10,000 CFA franc note to a vendor to buy 1,650 francs worth of...
The cabinet has approved preparations for a debut USD 1.5B Eurobond before June 2026 to fund key infrastructure projects.
Investors await details on...
The cabinet has approved preparations for a debut USD 1.5B Eurobond before June 2026 to fund key infrastructure projects.
Investors await details on...
• The Group is seeing shifting earnings mix toward the rest of Africa in the medium term, led by East Africa scale and a pan-African model.• Competition...
• The Group is seeing shifting earnings mix toward the rest of Africa in the medium term, led by East Africa scale and a pan-African model.• Competition...
• President Biya authorizes CFA930 billion ($1.6 billion) in new borrowing.• Funds to finance 2025 projects and settle unpaid state bills (RAP).• Public...
• President Biya authorizes CFA930 billion ($1.6 billion) in new borrowing.• Funds to finance 2025 projects and settle unpaid state bills (RAP).• Public...
• Egypt approves launch of first fully digital bank, Onebank• Aims to boost financial inclusion for unbanked population• Operations to start in 2026,...
• Egypt approves launch of first fully digital bank, Onebank• Aims to boost financial inclusion for unbanked population• Operations to start in 2026,...
Cameroon authorized $1.039B in external borrowing from international private lenders to fund projects and clear arrears.
The financing is part of...
Cameroon authorized $1.039B in external borrowing from international private lenders to fund projects and clear arrears.
The financing is part of...
• Africa’s private equity market is shifting as exits increasingly involve sales between funds rather than IPOs or strategic buyers.• Q2 2025 saw 147...
• Africa’s private equity market is shifting as exits increasingly involve sales between funds rather than IPOs or strategic buyers.• Q2 2025 saw 147...
• Insurers and reinsurers must comply with new capital requirements within 12 months or lose licenses.• Life, non-life, and reinsurance companies face...
• Insurers and reinsurers must comply with new capital requirements within 12 months or lose licenses.• Life, non-life, and reinsurance companies face...
• Africa50 closed $118m for a green project fund to de-risk early-stage climate infrastructure in Africa.• The fund targets $400m to build...
• Africa50 closed $118m for a green project fund to de-risk early-stage climate infrastructure in Africa.• The fund targets $400m to build...
• Nigeria has enacted sweeping new rules to govern its fast-growing digital lending market.• The regulators move to rein in abusive practices and give...
• Nigeria has enacted sweeping new rules to govern its fast-growing digital lending market.• The regulators move to rein in abusive practices and give...
• Cameroon financier Alain Nkontchou to buy Nedbank 21.22 percent stake in Ecobank for 100 million US dollars pending regulators.• Upon closure Nkontchou...
• Cameroon financier Alain Nkontchou to buy Nedbank 21.22 percent stake in Ecobank for 100 million US dollars pending regulators.• Upon closure Nkontchou...
FirstRand, SA's largest bank by market cap, confirms plans to enter Kenya.
CBK's ten-fold capital hike leaves 12 of 39 banks short, spurring M&A...
FirstRand, SA's largest bank by market cap, confirms plans to enter Kenya.
CBK's ten-fold capital hike leaves 12 of 39 banks short, spurring M&A...
Five SEZs near Dar es Salaam target textiles, pharmaceuticals, automotive, and agri-processing.
Investors offered land, tax breaks, and...
Five SEZs near Dar es Salaam target textiles, pharmaceuticals, automotive, and agri-processing.
Investors offered land, tax breaks, and...
• AFG Holding completes acquisition of Société Générale Guinée as part of regional growth plans.• The deal keeps all existing customer services and staff...
• AFG Holding completes acquisition of Société Générale Guinée as part of regional growth plans.• The deal keeps all existing customer services and staff...
(AfDB)-Africa’s financial sector has taken a major step toward aligning with global climate and sustainability goals with the validation of a...
(AfDB)-Africa’s financial sector has taken a major step toward aligning with global climate and sustainability goals with the validation of a...
Ecobank lifted sovereign holdings yet cut their share of total assets.
Trade-finance growth and cheap deposits widened margins and lifted fee...
Ecobank lifted sovereign holdings yet cut their share of total assets.
Trade-finance growth and cheap deposits widened margins and lifted fee...
Equity CEO mentioned Senate supports waiving share sale; but formal full law still pending.
The 2022 law, plus the central bank rule, requires...
Equity CEO mentioned Senate supports waiving share sale; but formal full law still pending.
The 2022 law, plus the central bank rule, requires...
VFD Group plans ₦50.67B rights issue at ₦10/share.
Shareholders offered two new shares for every three held.
Funds to boost capital, expand...
VFD Group plans ₦50.67B rights issue at ₦10/share.
Shareholders offered two new shares for every three held.
Funds to boost capital, expand...
• Sub-Saharan Africa hosts 52 % of the world’s mobile-money accounts, yet only 7 % of adults there borrowed via these services in 2024.• GSMA...
• Sub-Saharan Africa hosts 52 % of the world’s mobile-money accounts, yet only 7 % of adults there borrowed via these services in 2024.• GSMA...
Abdul Samad Rabiu is now the richest investor on NGX, with ₦15.23 Trillion in BUA Foods and Cement, surpassing Dangote.
Aliko Dangote’s NGX wealth is...
Abdul Samad Rabiu is now the richest investor on NGX, with ₦15.23 Trillion in BUA Foods and Cement, surpassing Dangote.
Aliko Dangote’s NGX wealth is...
President Bola Tinubu signs NIIRA 2025, replacing the 2003 insurance law.
The law raises capital requirements, enforces mandatory policies, and...
President Bola Tinubu signs NIIRA 2025, replacing the 2003 insurance law.
The law raises capital requirements, enforces mandatory policies, and...
• Market capitalisation reached $5.73 billion by June 2025, up from $4.0 billion in January.• Two new listings — Banque de Développement Local...
• Market capitalisation reached $5.73 billion by June 2025, up from $4.0 billion in January.• Two new listings — Banque de Développement Local...
• Kasada obtains €15 million (around $17.4 million) loan from Africa Go Green fund.• Funds will support construction of a sustainable hotel in...
• Kasada obtains €15 million (around $17.4 million) loan from Africa Go Green fund.• Funds will support construction of a sustainable hotel in...
• Ecobank is selling its Mozambique unit to FDH Bank as part of a strategic shift.• The sale will be fully funded by FDH Bank’s own capital, pending...
• Ecobank is selling its Mozambique unit to FDH Bank as part of a strategic shift.• The sale will be fully funded by FDH Bank’s own capital, pending...
• Senegal’s Prime Minister Ousmane Sonko launched a $10 billion economic recovery plan mostly funded from domestic resources, aiming to reduce the...
• Senegal’s Prime Minister Ousmane Sonko launched a $10 billion economic recovery plan mostly funded from domestic resources, aiming to reduce the...
• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfers and payments to be available 24/7 across all...
• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfers and payments to be available 24/7 across all...
• The auction is the first 25-year bond (UGX 500B), scheduled for Aug 6, aims to extend debt maturities and ease fiscal pressure.• Targets long-term...
• The auction is the first 25-year bond (UGX 500B), scheduled for Aug 6, aims to extend debt maturities and ease fiscal pressure.• Targets long-term...
• President Touadéra invites UBA to open a branch to support local SMEs and startups• UBA would become the 5th CEMAC presence and the 21st in Africa if...
• President Touadéra invites UBA to open a branch to support local SMEs and startups• UBA would become the 5th CEMAC presence and the 21st in Africa if...
Live News
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Sadot, Vodacom-Backed MOTI Launch Africa’s First Telco-Powered Farm-to-Fork App
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Staples and cooking oils drive food inflation in Nigeria
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WAEMU e-money sector expands yet remains loss-making in 2024
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Nigeria Brazil Green Imperative farm project enters official rollout
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Kenya Signs MoU with ICDL Africa to Boost Digital Skills for the Future Economy
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Cameroonian engineer Collins Fomba Ken drives fintech innovation with Iwomi
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Francophonie’s “D-CLIC” Project Brings Digital Skills to Togo’s Kpalimé
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Families affected by Bertoua airport expansion to receive CFA490mln
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Togo Launches Innovation Network to Strengthen African Food Security
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Togo’s Agricultural Research Institute Opens 150 Training Slots for Youth
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Botswana signs $12 billion investment agreement with Qatar’s Al Mansour Holdings Deal spans ...
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Zambia and Qatar’s Al Mansour Holdings signed a $19 billion partnership in Lusaka. The...
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The cabinet has approved preparations for a debut USD 1.5B Eurobond before June 2026 to fund key i...