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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...
DRC central bank to launch Bloomberg FXGO DRC platform Six-week beta underway before rollout within two months System aims to boost FX...
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New naira 75 billion ($55.4 million) private debt fund targets Nigeria’s agribusiness sector. First phase aims to raise naira 25 billion from...
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BOAD says sovereign bond purchases are liquidity management Member states accelerate borrowing; Senegal raises 600 billion CFA Regional...
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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...
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...
Driven by surging valuations and economic reforms, Nigeria’s capital market now accounts for 33% of GDP, with total capitalization up 125% in less than...
Africa’s startup debt is growing, but $1–$5M loans remain scarce—too big for grants and too small for big lenders to process. FMO–Dalberg...
Genesis acquires 10% stake in FBNBank Sénégal First WAEMU investor joins Nigerian-owned subsidiary Deal supports regional expansion, SME...
IFC considers $100 million loan for Coris acquisition Funds support purchase of 59.81% stake in Cape Verde’s BCA Deal aims to boost SME lending,...
Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends payable in naira or dollars Refinery targets 1.4...
Naira strengthens to 1,348 per dollar, boosting assets Lagos market gains 25,000 billion naira in two months Dangote, Rabiu fortunes surge as currency...
Puleng Pitso, Investment Officer at Ninety One | Emerging Africa and Asia Infrastructure Fund (EAAIF), explains how the fund acts as the architect of...
Côte d’Ivoire approved private investment rises 9.6% in 2025 Total reaches 812 billion CFA francs, led by agriculture Reforms planned under Agenda...
Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors with yields of 8.1% and 8.95% to smooth...
Standard Chartered Zambia raised its capital to 520 million kwachas (about $27.5 million) through a bonus share issue, without raising new...
Breadfast secures $50 million in pre-Series C funding. Mubadala, SBI and EBRD among investors; EBRD invests up to $10 million. Company...
A.P. Moller Capital raised 2.24 billion dirhams ($243 million) for APM Capital Morocco Fund, dedicated to transport and logistics. The fund...
IFC signs $10 million risk-sharing deal with Dashen Bank Guarantee backs $20 million SME lending, targeting agri-food, women-led...
Pictet opens first African office in South Africa Group manages $955 billion in assets South Africa hosts 41,100 dollar millionaires in...
NSIA Finance becomes NSIA Capital to reflect broader investment ambitions Group aims to mobilize more capital and expand advisory and funding...
Net profit reaches CFA413.6bn ($744m), with 21.5% margin Data and broadband fuel revenue growth of 8.3% to CFA1,923bn Board proposes CFA1,933...
Total banking assets reach CFA7,586bn ($13.7bn), up 9% year on year State-owned BIIC holds nearly 25% market share with CFA1,885.86bn in...
West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan with support from Boston Consulting Group. BOAD exceeded...
As digital payments continue to expand across Francophone Africa, the ecosystem is moving into a more mature phase where the core challenge is no longer...
BOAD appointed Adji Sokhna M’Baye as Chief Executive Officer of BOAD Market Solutions, its new structured finance and advisory subsidiary. The...

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