News Finances
News Finances (40)
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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Tuesday 3 June, 2025
Written by Ecofin Agency
Coris Bank International Côte d’Ivoire receives $34.3 million loan from Proparco to support SMEs The financing complements a renewed trade guarantee…
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Tuesday 3 June, 2025
Written by Ecofin Agency
Proptech sector accounts for 33% of total funding, fintech leads in deal volume Government pushes reform and support through Ministerial…
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Monday 2 June, 2025
Written by Ecofin Agency
• First net profit since COVID-19 reflects sector recovery• Airlines face high costs, weak margins, and low passenger load factor•…
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