News Finances
News Finances (105)
Wednesday 23 July, 2025
Written by Ecofin Agency
BEAC introduces new USD transfer procedures from CFA franc accounts, effective July 22, 2025. Reform aims to streamline international payments…
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Tuesday 22 July, 2025
Written by Ecofin Agency
• Candi Solar plans to raise “tens of millions” in new Series D funding by 2026.• Current funds will deepen…
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Tuesday 22 July, 2025
Written by Ecofin Agency
• IFC issued a 24 billion Rwandan franc ($17M) local currency bond to boost Rwanda’s capital market and fund digital…
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Friday 18 July, 2025
Written by Ecofin Agency
Highlights: • New 1% US tax on outbound remittances to take effect January 1, 2026• Africa received $100 billion in remittances…
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Friday 18 July, 2025
Written by Ecofin Agency
23% of adults in Sub-Saharan Africa saved money using mobile accounts in 2024, well above the 9% average in low-…
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Thursday 17 July, 2025
Written by Ecofin Agency
• Treasury secures CFA364 billion in oversubscribed bond issuance• S&P cuts Senegal’s rating to B- after discovery of hidden debt•…
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Wednesday 16 July, 2025
Written by Ecofin Agency
• CRRH-UEMOA to launch West Africa’s first mortgage securitization on July 22• Named “ZAKA,” it targets affordable housing, boosting liquidity…
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Wednesday 16 July, 2025
Written by Ecofin Agency
Somalia’s Central Bank mandates microfinance institutions to obtain licenses by December 6, 2025, under new financial regulations. The licensing rules…
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Wednesday 16 July, 2025
Written by Ecofin Agency
Ora Technologies secures its largest funding to date, led by Azur Innovation Fund Total capital raised reaches $11.9 million since its…
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Tuesday 15 July, 2025
Written by Ecofin Agency
• IMF extends Niger’s Extended Credit Facility (ECF) program by one year through December 2026.• IMF approves a $41 million disbursement…
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Tuesday 15 July, 2025
Written by Ecofin Agency
EBRD grants $100 million loan to Banque Misr to expand credit access for SMEs and women-led businesses. Loan supports Egypt’s green…
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Tuesday 15 July, 2025
Written by Ecofin Agency
UTB’s restructuring delayed to end-2026 due to incomplete audits; reorganization plan expected by March. Despite a CFA 15.2B injection, the…
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Monday 14 July, 2025
Written by Ecofin Agency
DRC launches campaign to diversify investors in government securities 98% of bonds now held by banks; aim is to reduce…
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Monday 14 July, 2025
Written by Ecofin Agency
Verdant Capital has invested $3 million in Nigerian fintech Bfree to help recover distressed loans in Africa. The deal will allow…
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