News Finances
News Finances (339)
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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Thursday 10 July, 2025
Written by Ecofin Agency
Côte d’Ivoire will receive $234 million for a sustainable urban mobility project in Abidjan. Gambia will receive $32.2 million to build a…
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Wednesday 9 July, 2025
Written by Ecofin Agency
Cauri Money launches Gajo Money, an e-wallet for the Cameroonian diaspora, targeting €120 million in transactions by end-2025. The fintech partners…
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Wednesday 9 July, 2025
Written by Ecofin Agency
• Kenya and ASR sign deal to reduce risk on projects worth up to $2 billion.• Risk cover will target infrastructure,…
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Tuesday 8 July, 2025
Written by Ecofin Agency
• The IMF has approved an immediate disbursement of $367 million to Ghana, bringing the total financial support provided to the…
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