News Finances
News Finances (493)
Wednesday 29 October, 2025
Written by Ecofin Agency
Nigeria's Federal Inland Revenue Service (FIRS) imposed a new 10% withholding tax (WHT) on interest from short-term financial securities. The…
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Wednesday 29 October, 2025
Written by Ecofin Agency
Senegal's Eurobonds declined Tuesday after Prime Minister Ousmane Sonko announced forthcoming cuts to electricity and fuel prices. The popular measure…
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Tuesday 28 October, 2025
Written by Ecofin Agency
Profit down 23.3% in H1 2025 due to higher loan-loss provisions Non-bank subsidiaries post strong double- and triple-digit gains Group revenue…
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Tuesday 28 October, 2025
Written by Ecofin Agency
SA FinTech credit surged 38% to $2.9B (R55B), challenging banks' core market and projected to hit $17.7B (R337B) revenue by 2030. Foreign…
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Tuesday 28 October, 2025
Written by Ecofin Agency
A third party is willing to assume Zambia’s $45 million debt to Afreximbank, potentially unlocking the country’s five-year debt restructuring impasse.…
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Tuesday 28 October, 2025
Written by Ecofin Agency
COBAC places Nofia S.A. under administration amid broader MFI crackdown in Cameroon Reforms target governance and internal controls; several MFIs…
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Tuesday 28 October, 2025
Written by Ecofin Agency
EKH to sell 63.39% stake in Delta Insurance to Morocco’s Wafa Assurance Deal values Delta at EGP 5 billion; subject…
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Tuesday 28 October, 2025
Written by Ecofin Agency
Nigerian financial group Finmal Finance presented plans to Chad authorities to establish the country's first Islamic bank. The initiative aims…
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Monday 27 October, 2025
Written by Ecofin Agency
Inflation declined to 0.8% in September from 1.1% in August. The rate remains below the 3% WAEMU convergence threshold for…
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Monday 27 October, 2025
Written by Ecofin Agency
Afreximbank’s new president calls for an African digital currency to ease cross-border payments. The plan would build on PAPSS and…
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Monday 27 October, 2025
Written by Ecofin Agency
Dangote targets $100B annual revenue within five years Growth driven by refinery, regional exports, Afreximbank support Calls for African industrialization to…
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Monday 27 October, 2025
Written by Ecofin Agency
AFG Bank Mali will mobilize CFA100 billion ($177.2 million) to finance local suppliers and subcontractors in the mining sector. The…
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Monday 27 October, 2025
Written by Ecofin Agency
The Financial Action Task Force (FATF) removed Burkina Faso from its grey list following extensive reforms. Ouagadougou implemented a 40-point…
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Sunday 26 October, 2025
Written by Ecofin Agency
Funds to support debt repayment, health, salaries, and fiscal reforms Marks renewed cooperation after 2021 freeze in French aid The…
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