News Finances
News Finances (495)
Wednesday 20 August, 2025
Written by Ecofin Agency
• The Group is seeing shifting earnings mix toward the rest of Africa in the medium term, led by East…
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Wednesday 20 August, 2025
Written by Ecofin Agency
• President Biya authorizes CFA930 billion ($1.6 billion) in new borrowing.• Funds to finance 2025 projects and settle unpaid state…
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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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