News Finances
News Finances (339)
Monday 18 August, 2025
Written by Ecofin Agency
• Insurers and reinsurers must comply with new capital requirements within 12 months or lose licenses.• Life, non-life, and reinsurance…
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Monday 18 August, 2025
Written by Ecofin Agency
• Africa50 closed $118m for a green project fund to de-risk early-stage climate infrastructure in Africa.• The fund targets $400m to build…
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Friday 15 August, 2025
Written by Ecofin Agency
FirstRand, SA's largest bank by market cap, confirms plans to enter Kenya. CBK's ten-fold capital hike leaves 12 of 39…
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Wednesday 13 August, 2025
Written by Ecofin Agency
• AFG Holding completes acquisition of Société Générale Guinée as part of regional growth plans.• The deal keeps all existing…
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Tuesday 12 August, 2025
Written by Ecofin Agency
VFD Group plans ₦50.67B rights issue at ₦10/share. Shareholders offered two new shares for every three held. Funds to boost…
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Monday 11 August, 2025
Written by Ecofin Agency
• Sub-Saharan Africa hosts 52 % of the world’s mobile-money accounts, yet only 7 % of adults there borrowed via these services…
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Friday 8 August, 2025
Written by Ecofin Agency
• Market capitalisation reached $5.73 billion by June 2025, up from $4.0 billion in January.• Two new listings — Banque de Développement…
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Thursday 7 August, 2025
Written by Ecofin Agency
• Kasada obtains €15 million (around $17.4 million) loan from Africa Go Green fund.• Funds will support construction of a sustainable hotel…
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Tuesday 5 August, 2025
Written by Ecofin Agency
• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfers and payments to be…
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Monday 4 August, 2025
Written by Ecofin Agency
• The auction is the first 25-year bond (UGX 500B), scheduled for Aug 6, aims to extend debt maturities and…
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Friday 1 August, 2025
Written by Ecofin Agency
Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concentration in top…
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Friday 1 August, 2025
Written by Ecofin Agency
• COBAC orders CEMAC banks & MFIs to comply with Islamic-finance rules by 31 Dec 2025, using only approved Islamic…
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Thursday 31 July, 2025
Written by Ecofin Agency
• Attijariwafa Bank’s H1 2025 net income rose 19.8% to 5.9B dirhams.• Strong loan growth and lower risk costs boosted performance.•…
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Thursday 31 July, 2025
Written by Ecofin Agency
• Zambia seeks a 12-month extension of its $1.7B IMF program beyond October 2025.• The extension supports reforms for economic stability…
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