Speedinvest, the Vienna VC firm, opened its first dedicated MEA fund last week, anchored by EIB Global, Mubadala and Qatar Investment...
Bank of Africa Senegal Q1 profit rises 9.7% to 5.7bn CFA
Revenue and interest income growth drive higher operating income
Loans, deposits...
Bank of Africa Senegal Q1 profit rises 9.7% to 5.7bn CFA
Revenue and interest income growth drive higher operating income
Loans, deposits...
Fidelity Bank raises 227 billion naira from share placement
Central bank review trims oversubscribed offering to 87.7%
Bank exceeds 500...
Fidelity Bank raises 227 billion naira from share placement
Central bank review trims oversubscribed offering to 87.7%
Bank exceeds 500...
Central bank to release $1 billion in cash to curb black market demand
Move aims to ease inflation and restore access to foreign currency
IMF...
Central bank to release $1 billion in cash to curb black market demand
Move aims to ease inflation and restore access to foreign currency
IMF...
Ecobank’s 2025 results reflect the shift of a pan-African bank toward a more profitable, disciplined and long-term-oriented model. At 40, the challenge is...
Ecobank’s 2025 results reflect the shift of a pan-African bank toward a more profitable, disciplined and long-term-oriented model. At 40, the challenge is...
Africa Re reports net profit of $199 million in 2025, up 50.62% year-on-year.
Investment income reaches record $114 million while FX losses...
Africa Re reports net profit of $199 million in 2025, up 50.62% year-on-year.
Investment income reaches record $114 million while FX losses...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchise.
Transaction may alter Servair Abidjan revenue...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchise.
Transaction may alter Servair Abidjan revenue...
BRVM lists first securitized bonds to fund Côte d’Ivoire electrification
60 billion CFA issuance supports “Electricity for All” program...
BRVM lists first securitized bonds to fund Côte d’Ivoire electrification
60 billion CFA issuance supports “Electricity for All” program...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, aiming to turn Cairo into an export hub for a continent...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, aiming to turn Cairo into an export hub for a continent...
Africa’s ultra-wealthy population expected to rise 15% by 2031
Continent’s share of global wealth declines amid faster growth...
Africa’s ultra-wealthy population expected to rise 15% by 2031
Continent’s share of global wealth declines amid faster growth...
Togo holds talks with IMF and World Bank during Washington meetings
Focus on tools to manage crises and protect vulnerable...
Togo holds talks with IMF and World Bank during Washington meetings
Focus on tools to manage crises and protect vulnerable...
Bank exits non-sovereign shareholders to protect multilateral status
Move aims to avoid losses in future sovereign debt restructurings
Institution...
Bank exits non-sovereign shareholders to protect multilateral status
Move aims to avoid losses in future sovereign debt restructurings
Institution...
AFC summit showcases transport and energy projects across Africa
Countries seek private capital to finance major infrastructure plans
Kenya, Tanzania,...
AFC summit showcases transport and energy projects across Africa
Countries seek private capital to finance major infrastructure plans
Kenya, Tanzania,...
British International Investment pledged nearly £5 billion of its own capital to Africa over five years, anchoring a £9 billion total mobilization drive...
British International Investment pledged nearly £5 billion of its own capital to Africa over five years, anchoring a £9 billion total mobilization drive...
Awash Bank becomes fourth company listed on Addis exchange
Move adds depth to a market launched in 2025
Listing reflects broader financial sector...
Awash Bank becomes fourth company listed on Addis exchange
Move adds depth to a market launched in 2025
Listing reflects broader financial sector...
New agency aims to mobilize public savings for business financing
Initiative targets key sectors including agriculture and mining
Move...
New agency aims to mobilize public savings for business financing
Initiative targets key sectors including agriculture and mining
Move...
Norfund and Ghanaian pension manager Axis Pension Trust commit a combined $20 million to Growth Investment Partners, BII's SME platform in...
Norfund and Ghanaian pension manager Axis Pension Trust commit a combined $20 million to Growth Investment Partners, BII's SME platform in...
SIB net profit rose to 56 billion CFA francs in 2025
Lower risk costs and higher income supported performance
Assets, loans and deposits...
SIB net profit rose to 56 billion CFA francs in 2025
Lower risk costs and higher income supported performance
Assets, loans and deposits...
Loan-loss provisions at the nine BRVM-listed banks that reported 2025 earnings rose 18% to $137 million as regional growth hit a record 6.7%.
BOA...
Loan-loss provisions at the nine BRVM-listed banks that reported 2025 earnings rose 18% to $137 million as regional growth hit a record 6.7%.
BOA...
Company seeks to raise 485.8 billion naira through share offering
Funds to support expansion and reduce debt
Strategy aims to boost local sugar...
Company seeks to raise 485.8 billion naira through share offering
Funds to support expansion and reduce debt
Strategy aims to boost local sugar...
AFC raises $100 million from India’s Exim Bank over five years
Funding to support infrastructure and industrial projects in Africa
Deal reflects...
AFC raises $100 million from India’s Exim Bank over five years
Funding to support infrastructure and industrial projects in Africa
Deal reflects...
New fund aims to mobilize CFA200 billion to finance 300,000 projects
Targets SMEs and rural economy through Sharia-compliant financing
Move seeks to...
New fund aims to mobilize CFA200 billion to finance 300,000 projects
Targets SMEs and rural economy through Sharia-compliant financing
Move seeks to...
France will provide a €100 million ($117.5 million) loan to support urban infrastructure in South Africa.
The funding complements a $925...
France will provide a €100 million ($117.5 million) loan to support urban infrastructure in South Africa.
The funding complements a $925...
President Bola Tinubu replaced Finance Minister Wale Edun with Taiwo Oyedele.
The government framed the reshuffle as a move to strengthen economic...
President Bola Tinubu replaced Finance Minister Wale Edun with Taiwo Oyedele.
The government framed the reshuffle as a move to strengthen economic...
Tolaram's ₦2-per-share interim dividend translates to $2M cash — on top of a $410M unrealized gain built across two acquisitions at ₦81.60...
Tolaram's ₦2-per-share interim dividend translates to $2M cash — on top of a $410M unrealized gain built across two acquisitions at ₦81.60...
Ecobank in talks for direct yuan settlement with Bank of China
Move would cut costs by bypassing dollar in Africa-China trade
Part of wider...
Ecobank in talks for direct yuan settlement with Bank of China
Move would cut costs by bypassing dollar in Africa-China trade
Part of wider...
Both banks posted near-identical pre-tax profits in 2025, yet a 12-point tax rate gap cost GTCO $89 million more than its rival
Zenith...
Both banks posted near-identical pre-tax profits in 2025, yet a 12-point tax rate gap cost GTCO $89 million more than its rival
Zenith...
Egypt-UAE consortium to invest €200 million in Essaouira project
First phase includes 800 rooms, leisure village, golf courses
Project...
Egypt-UAE consortium to invest €200 million in Essaouira project
First phase includes 800 rooms, leisure village, golf courses
Project...
Proparco commits $17.25 million to Alterra Africa Accelerator Fund
Fund targets established African companies with expansion...
Proparco commits $17.25 million to Alterra Africa Accelerator Fund
Fund targets established African companies with expansion...
MobileMoney Fintech CEO says company may list within 3–5 years
Listing would allow users to invest in the company via mobile channels
Ghana’s stock...
MobileMoney Fintech CEO says company may list within 3–5 years
Listing would allow users to invest in the company via mobile channels
Ghana’s stock...
Sonatel Q1 revenue rises 6.9% to 504.2 billion CFA francs
EBITDA up 9.8%, net profit increases 4.5%
Growth driven by data demand, Orange Money,...
Sonatel Q1 revenue rises 6.9% to 504.2 billion CFA francs
EBITDA up 9.8%, net profit increases 4.5%
Growth driven by data demand, Orange Money,...
Fitch says debt restructuring could come before any new IMF program
Public debt near 91% of GDP keeps pressure on finances
LNG project fuels...
Fitch says debt restructuring could come before any new IMF program
Public debt near 91% of GDP keeps pressure on finances
LNG project fuels...
Central bank aims to limit cash dollar transactions and promote digital payments
Policy targets informal dollar flows and seeks removal from FATF...
Central bank aims to limit cash dollar transactions and promote digital payments
Policy targets informal dollar flows and seeks removal from FATF...
(ACTIVA FOUNDATION) - As part of March 2026, marked by the celebration of International Women’s Rights Day, the Activa Foundation rolled out a series of...
(ACTIVA FOUNDATION) - As part of March 2026, marked by the celebration of International Women’s Rights Day, the Activa Foundation rolled out a series of...
Oman launches a bank in Luanda to finance Africa–Middle East trade
Focus on large firms and strategic sectors like energy and logistics
Move...
Oman launches a bank in Luanda to finance Africa–Middle East trade
Focus on large firms and strategic sectors like energy and logistics
Move...
The European Union committed €559 million ($660 million) to support Ethiopia’s economic transformation.
Funding targets energy...
The European Union committed €559 million ($660 million) to support Ethiopia’s economic transformation.
Funding targets energy...
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