News Finances
News Finances (495)
Monday 23 June, 2025
Written by Ecofin Agency
Oasis Capital sold its 16.12% stake in Mansa Bank Côte d’Ivoire The exit marks the second divestment by Oasis Africa…
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Friday 20 June, 2025
Written by Ecofin Agency
Key Highlights • Somalia inaugurates its first stock exchange, the National Securities Exchange of Somalia (NSES), in Mogadishu. • NSES…
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Friday 20 June, 2025
Written by Ecofin Agency
Key Highlights: • Master Plastics receives undisclosed funding from Nedbank and Investec to expand sustainable packaging production. • Metier Capital…
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Friday 20 June, 2025
Written by Ecofin Agency
Key Highlights: • Ghana requires approximately $6 billion in funding to implement comprehensive flood prevention and control measures.• Flooding annually impacts…
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Wednesday 18 June, 2025
Written by Ecofin Agency
• Egypt to build 1.1 GW solar plant with 200 MWh battery storage in Nagaa Hammadi• $479.1 million in international funding…
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Wednesday 18 June, 2025
Written by Ecofin Agency
• Senegal launches $526 million bond amid stalled IMF program talks• Fixed rates offered: 6.60% (5 yrs), 6.75% (7 yrs), 6.95%…
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Wednesday 18 June, 2025
Written by Ecofin Agency
Ucamwal plans three new funds in Côte d’Ivoire, including Halal and women-focused options Two mutual funds—Ucamwal Diversified and Ucamwal Bond—already…
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Friday 13 June, 2025
Written by Ecofin Agency
• Nile.ag secures $11.2 million in equity funding led by Cathay AfricInvest Innovation Fund• Capital to expand digital agriculture tools and…
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Thursday 12 June, 2025
Written by Ecofin Agency
• KCB Group is in discussions with Ethiopia’s central bank following a 2024 law that allows foreign banks to operate…
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Wednesday 11 June, 2025
Written by Ecofin Agency
• FirstRand receives approval to take over HSBC's South African assets, clients, and staff• Move supports expansion of investment banking…
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Monday 9 June, 2025
Written by Ecofin Agency
• AFC identifies $4 trillion in African funds that could finance infrastructure• Most assets sit in low-yield, short-term investments outside the…
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Thursday 5 June, 2025
Written by Ecofin Agency
BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in early 2025 amid…
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Wednesday 4 June, 2025
Written by Ecofin Agency
• Fitch downgrades Afreximbank’s rating from BBB to BBB- with a negative outlook• Concerns include loan quality transparency and exposure…
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Wednesday 4 June, 2025
Written by Ecofin Agency
Uruguay-based dLocal announces plan to acquire African fintech AZA Finance Deal aims to boost cross-border payments and currency exchange services…
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