Spending plan reaches CFA8816.4 billion, up 14% from 2025 Special Accounts nearly double after creation of a new women and youth...
BoG cuts its benchmark rate to 18% from 21.5%, citing disinflation and better macro conditions. Inflation drops from 23.5% in January 2025 to 8%...
Intelcia to buy back 65% stake from Altice, regain full ownership by 2026 Group targets global top 10 ranking by 2030 through acquisitions, AI...
JP Morgan's Eweck states liquidity exists, but a shortage of "bankable" projects hinders African investment, not risk appetite. Governments fund 80-85%...
Visa renews its push for a partnership with the Central Bank of Congo. The plan focuses on innovation, financial inclusion, and support for local...
The DRC removes Afriland First Bank from a payroll portfolio worth $5.3 million. Authorities reassign payments for 29,513 teachers and 2,039...
Africa50 urges DFIs to adopt speed KPIs after cutting its project development timeline to 3.5 years, far below the 7–10-year norm. CEO Alain Ebobissé...
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions through partnerships with Visa, Alipay, MTN Uganda, and...
Sovereign Trust Insurance will launch a rights issue to raise up to NGN 5 billion (USD 3.5 million). Nigeria’s new Insurance Industry Reform Act...
With intra-regional trade stalled at less than 12% of total commerce, the ECOWAS Bank for Investment and Development (EBID) is stepping up its financing...
Burkina Faso plans fund to support senior entrepreneurship and economic activity Proposed support includes micro-loans, rural projects, and...
BADEA provides a $75 million term loan to Africa Finance Corporation to expand infrastructure financing capacity. AFC plans to channel the funds...
Afreximbank plans a $1 billion continent-wide single transit guarantee to cut customs delays and losses. A similar system already operates in...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of experience in the West African financial system,...
BOAD will introduce a stock-market-listed composite index directly correlated with its financial performance. The instrument forms part of a broader...
ECOWAS Bank unveils plan to boost agricultural industrialization in West Africa Region lacks midstream processing capacity; over 85% of crops...
Ministers agreed that regulatory stability and legal clarity are essential to attract long-term private investment across Africa. They emphasized...
Proparco invests in Kenyan electric bus startup BasiGo to boost expansion BasiGo targets 1,000 electric buses, wider charging network across...
Facility targets decarbonization of carbon-intensive firms via structured financing Initiative supports South Africa’s coal phase-out and...
The Treasury seeks BEAC support to improve issuance and management of public securities. Training focuses on DEPO/X, market analysis, and better...
Pepkor receives regulatory clearance from the Prudential Authority. The group expands beyond retail with a planned banking offer by...
Guinea issued a 1,500 billion GNF ($172.6 million) five-year bond with an annual interest rate of 11%. The government targets reduced reliance on...
Bank of Africa net income rose 12% to 3B dirhams by Sept. 2025 Growth driven by 17% rise in interest income, strong loan performance Credit cleanup,...
Ethio Telecom launched Tila to offer microloans and smartphone financing. It targets rural and urban users through telebirr. The service uses AI to...
Egypt signs €53.8 million deal under the Green Sustainable Industries program Funding targets pollution cuts, energy savings, and resource...
PIC raises its commitment to Enko Impact Credit Fund, reaching 86.7% of its target. The fund provides dollar-denominated private credit to mid-sized...
IFC grants a $30 million senior loan to boost SME lending in Mauritania. At least 25% of the funds will support women-owned or women-led...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $13.3 billion targeted for restructuring is now...
Moody’s assigns Ba3 rating with stable outlook to BDEAC Rating reflects bank’s regional role, reforms, and strong shareholder backing Move...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing package to Invictus Investment Company PLC (ADX:...
Zenith Bank explores East African expansion, holds talks with regulators Denies reports of confirmed Paramount Bank acquisition in...
Cameroon backed $44.9M in BDEAC loans to three private firms Treasury guarantees cover 50% of loans for hotel, plant, logistics projects...
State buys back 95 % of ENEO from Actis for CFA78 billion ($137 million) Government plans to refinance ENEO’s CFA800 billion debt and tighten...
AMMC approves SGTM’s IPO involving 20 % of its share capital Share sale could reach 5.04 billion dirhams, with tiered pricing for investors SGTM...
IFC to provide a $120 million guarantee for SME loans in six African countries Two dedicated funds will support agriculture and small business...

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S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
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Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
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Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...

Mauritania Advances Blockchain Policy to Modernize Digital Public Services
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Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
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(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
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