News Finances
News Finances (339)
Tuesday 8 July, 2025
Written by Ecofin Agency
Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised…
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Tuesday 8 July, 2025
Written by Ecofin Agency
• DPI acquires minority stake in Egypt’s largest private hospital group• Funds to support expansion across Egypt and key Gulf…
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Monday 7 July, 2025
Written by Ecofin Agency
• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0.6% in May,…
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Monday 7 July, 2025
Written by Ecofin Agency
• Interbank volumes rose 18.7% in May, while rates declined across the market• The BCEAO cut its main policy rate…
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Monday 7 July, 2025
Written by Ecofin Agency
• EY is preparing to leave Francophone Sub-Saharan Africa by 2026• The exit could unlock $500 million to $1 billion in annual…
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Monday 7 July, 2025
Written by Ecofin Agency
Sixty-five percent of banks in sub-Saharan Africa view cyber risks as a major hurdle to digitalization, according to the European…
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Friday 4 July, 2025
Written by Ecofin Agency
• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector could grow…
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Friday 4 July, 2025
Written by Ecofin Agency
• BRICS plans a guarantee fund to reduce political and financial risks in developing countries.• The fund will be managed…
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Friday 4 July, 2025
Written by Ecofin Agency
BEAC granted Afreximbank the first-ever foreign access to the CEMAC public securities market. Cameroon raised $359.3 million via a euro-to-CFA swap…
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Thursday 3 July, 2025
Written by EBID
(EBID) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 92nd Ordinary Session…
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Thursday 3 July, 2025
Written by Ecofin Agency
• The IMF approved a $261.9 million disbursement under DR Congo’s credit program• Economic growth hit 6.5% in 2024, driven by…
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Thursday 3 July, 2025
Written by Ecofin Agency
• Ghana’s Parliament approved a $360 million loan from the World Bank’s IDA• The funds will help pay road sector arrears,…
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Wednesday 2 July, 2025
Written by Ecofin Agency
• Fily Sissoko will oversee a $8.5 billion World Bank portfolio spanning Mozambique, Madagascar, Mauritius, Comoros, and Seychelles.• His mission includes…
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Tuesday 1 July, 2025
Written by Ecofin Agency
• Bassirou Diomaye Faye denounces credit rating agencies’ methodologies as ill-suited to African contexts.• Senegal urges reforms to enable fairer…
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