Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC.
The partners will convert 13 existing stores...
African startups raised about $3.1 billion in 2025, up from $2.2 billion in 2024, according to Launch Base Africa.
Kenya overtook Nigeria...
African startups raised about $3.1 billion in 2025, up from $2.2 billion in 2024, according to Launch Base Africa.
Kenya overtook Nigeria...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $25 million and $40 million.
The acquisition...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $25 million and $40 million.
The acquisition...
African billionaires increased their combined net worth by $21.9 billion in 2025.
Nigerian businessman Abdul Samad Rabiu posted the largest...
African billionaires increased their combined net worth by $21.9 billion in 2025.
Nigerian businessman Abdul Samad Rabiu posted the largest...
Kenya Pipeline Company will list on the Nairobi Securities Exchange by the end of January 2026.
The IPO targets local and foreign investors as part of...
Kenya Pipeline Company will list on the Nairobi Securities Exchange by the end of January 2026.
The IPO targets local and foreign investors as part of...
The Bank of Ghana plans to sell up to $1 billion on the FX market in January 2026.
The central bank aims to limit exchange-rate volatility...
The Bank of Ghana plans to sell up to $1 billion on the FX market in January 2026.
The central bank aims to limit exchange-rate volatility...
Renaprov Finance plans a BVMAC IPO to raise CFA8.4 billion by offering 44.44% of its capital to the public.
The listing would make Renaprov the second...
Renaprov Finance plans a BVMAC IPO to raise CFA8.4 billion by offering 44.44% of its capital to the public.
The listing would make Renaprov the second...
Egypt’s central bank and Afreximbank signed an MoU to create a pan-African gold bank.
The partners will conduct a feasibility study covering technical,...
Egypt’s central bank and Afreximbank signed an MoU to create a pan-African gold bank.
The partners will conduct a feasibility study covering technical,...
Burkina Faso plans to launch a certified electronic invoicing system in January 2026.
Authorities aim to raise tax revenue, curb VAT fraud, and reduce...
Burkina Faso plans to launch a certified electronic invoicing system in January 2026.
Authorities aim to raise tax revenue, curb VAT fraud, and reduce...
Jiangsu Yunyi Electric will build a wholly owned automotive components plant in Morocco.
The project will require an investment of $66 million,...
Jiangsu Yunyi Electric will build a wholly owned automotive components plant in Morocco.
The project will require an investment of $66 million,...
Nigerian naira posts first annual gain since 2012, up 7.4%
Recovery driven by FX reforms, tighter policy, narrowed rate gap
Analysts warn durability...
Nigerian naira posts first annual gain since 2012, up 7.4%
Recovery driven by FX reforms, tighter policy, narrowed rate gap
Analysts warn durability...
Partnership targets financing, financial inclusion, business formalization
Pilot formalized 343 firms; nationwide programme targets 5,000...
Partnership targets financing, financial inclusion, business formalization
Pilot formalized 343 firms; nationwide programme targets 5,000...
Nigeria stock market posts record 36.6 trillion naira capitalisation gain in 2025
All-Share Index jumps 51%, driven by earnings, dividends, FX...
Nigeria stock market posts record 36.6 trillion naira capitalisation gain in 2025
All-Share Index jumps 51%, driven by earnings, dividends, FX...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle
Move follows transition, aims to tighten finances, tackle rising...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle
Move follows transition, aims to tighten finances, tackle rising...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition
PDP alleges illegal insertions, urges suspension and investigation
Government...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition
PDP alleges illegal insertions, urges suspension and investigation
Government...
Egypt receives $3.5 billion initial payment from Qatar-backed coastal project
Deal targets Mediterranean real estate and tourism...
Egypt receives $3.5 billion initial payment from Qatar-backed coastal project
Deal targets Mediterranean real estate and tourism...
GTCO wins CBN and SEC approval for 10 billion naira private placement
Fundraise aims to meet holding company prudential capital...
GTCO wins CBN and SEC approval for 10 billion naira private placement
Fundraise aims to meet holding company prudential capital...
Senegal seeks new IMF loan program after 2024 financing freeze
Talks focus on debt revisions, fiscal adjustment and data...
Senegal seeks new IMF loan program after 2024 financing freeze
Talks focus on debt revisions, fiscal adjustment and data...
Nigeria secures $1.126bn from FAB and Afreximbank for the Lagos-Calabar Highway, using ICIEC guarantees to attract global capital.
The deal...
Nigeria secures $1.126bn from FAB and Afreximbank for the Lagos-Calabar Highway, using ICIEC guarantees to attract global capital.
The deal...
Creditinfo licensed to operate credit bureau across six CEMAC countries
Bureau to collect borrower data, expand regional credit information...
Creditinfo licensed to operate credit bureau across six CEMAC countries
Bureau to collect borrower data, expand regional credit information...
EGX is consulting on a revised trading schedule, extending the close to 3:00 PM and adjusting the opening to increase overlap with Gulf...
EGX is consulting on a revised trading schedule, extending the close to 3:00 PM and adjusting the opening to increase overlap with Gulf...
Deal aims to cut debt and strengthen balance sheet
Company refocuses on GLP-1 drugs after reporting annual loss
South African drugmaker...
Deal aims to cut debt and strengthen balance sheet
Company refocuses on GLP-1 drugs after reporting annual loss
South African drugmaker...
Scheme helps banks finance farming, processing and exports deemed too risky
Agriculture accounts for just 3.95% of private sector bank lending...
Scheme helps banks finance farming, processing and exports deemed too risky
Agriculture accounts for just 3.95% of private sector bank lending...
Kenyan banks face a potential $800M payout after courts ruled unapproved interest rate hikes illegal, reinforcing consumer protection...
Kenyan banks face a potential $800M payout after courts ruled unapproved interest rate hikes illegal, reinforcing consumer protection...
Senegal raises 560 billion CFA francs in final 2025 bond sale
Issuance exceeds target, reflecting strong demand despite fiscal...
Senegal raises 560 billion CFA francs in final 2025 bond sale
Issuance exceeds target, reflecting strong demand despite fiscal...
Nigeria commercial paper issuances surge, exceeding 1.5 trillion naira in 2025
SEC cites strong liquidity, investor appetite and reform-driven...
Nigeria commercial paper issuances surge, exceeding 1.5 trillion naira in 2025
SEC cites strong liquidity, investor appetite and reform-driven...
Ghana resolves the $750m Afreximbank dispute. This strategic move avoids default and protects the lender’s credit rating from agency...
Ghana resolves the $750m Afreximbank dispute. This strategic move avoids default and protects the lender’s credit rating from agency...
Ghana enacts the VASP Bill 2025 to regulate digital assets under the Bank of Ghana, ending years of legal and regulatory ambiguity.
The law mandates...
Ghana enacts the VASP Bill 2025 to regulate digital assets under the Bank of Ghana, ending years of legal and regulatory ambiguity.
The law mandates...
Sanlam Maroc takes a stake in Woliz, a local retail tech startup
The deal marks Sanlam’s first long-term private equity venture in Morocco
Investment...
Sanlam Maroc takes a stake in Woliz, a local retail tech startup
The deal marks Sanlam’s first long-term private equity venture in Morocco
Investment...
Treasury securities issuance reached CFA5,272.8 billion from January to October
Bond issues exceeded Treasury bills, signaling a shift to longer-term...
Treasury securities issuance reached CFA5,272.8 billion from January to October
Bond issues exceeded Treasury bills, signaling a shift to longer-term...
US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and investor risk premiums to rise sharply.
The Naira...
US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and investor risk premiums to rise sharply.
The Naira...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the BCEAO and ECOWAS financial systems.
Ministers from...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the BCEAO and ECOWAS financial systems.
Ministers from...
(UMOA-TITRES) - UMOA-Titres announces the organisation of the 8th edition of the Regional Public Securities Market Meetings (REMTP), to be held on 27–28...
(UMOA-TITRES) - UMOA-Titres announces the organisation of the 8th edition of the Regional Public Securities Market Meetings (REMTP), to be held on 27–28...
The agreement focuses on trade finance and cross-border payments, including in renminbi
It builds on a partnership between the two banks that began...
The agreement focuses on trade finance and cross-border payments, including in renminbi
It builds on a partnership between the two banks that began...
BICEC names Mohamed Simporé as chief executive officer effective December 23, 2025
The former BCP executive brings over 25 years of banking...
BICEC names Mohamed Simporé as chief executive officer effective December 23, 2025
The former BCP executive brings over 25 years of banking...
BEAC forecasts a gradual rebound in CEMAC foreign reserves from 2026 onward
Reserves are projected to exceed CFA7,000 billion, or more...
BEAC forecasts a gradual rebound in CEMAC foreign reserves from 2026 onward
Reserves are projected to exceed CFA7,000 billion, or more...
Live News
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Carrefour Enters Ethiopia After Ghana With New Franchise Agreement
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The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
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