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News (929)
Friday 12 September, 2025
Written by Ecofin Agency
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africans. What started as…
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Friday 12 September, 2025
Written by Ecofin Agency
• Wema Bank secures 150 billion naira ($100 million) through rights issue.• Capital rises to 214.7 billion naira, above central…
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Friday 12 September, 2025
Written by Ecofin Agency
World Bank says 70% of IDA21’s $100bn concessional funds may go to Africa, Bloomberg reports. 44 African countries, majority of IDA…
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Friday 12 September, 2025
Written by Ecofin Agency
South Africa e-commerce to exceed 130B rand in 2025 Sector quadrupled since 2020; now 10% of retail spend Amazon, Shein,…
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Friday 12 September, 2025
Written by Ecofin Agency
India offers $680M aid to Mauritius for key sectors Funds to support hospital, airport, port, and security Seven bilateral deals signed;…
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Thursday 11 September, 2025
Written by Ecofin Agency
• South Africa courts Chinese automakers for EV and hybrid investment• Local production lags, 2024 sales 34% below industry target•…
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Thursday 11 September, 2025
Written by Ecofin Agency
• Helios seeks 75-80% stake in Telecom Egypt’s data center• Deal values RDH at up to $260M, pending performance targets• Move…
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Thursday 11 September, 2025
Written by Ecofin Agency
• Africa sets $50B annual climate funding goal at ACS2 summit• Plans include new African Climate Fund, Innovation Pact• $1.3T needed yearly;…
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Thursday 11 September, 2025
Written by Ecofin Agency
Walmart to launch its own-brand stores in South Africa before year-end Retail giant to source from local SMEs and compete…
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Thursday 11 September, 2025
Written by Ecofin Agency
World Bank report highlights weak tax contribution from agriculture despite large exports Farm companies achieve only 2% of potential corporate…
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Thursday 11 September, 2025
Written by Ecofin Agency
• Bank of Ghana slashed policy rate to 25%, but credit costs remain among the world’s highest.• The Cedi has…
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Wednesday 10 September, 2025
Written by Ecofin Agency
Burundi’s central bank picks LSEG to modernize FX, liquidity, auctions, and market oversight systems. The deal, announced Sept. 10, 2025,…
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Wednesday 10 September, 2025
Written by Ecofin Agency
Botswana tops Africa in IMD 2025 World Talent Ranking Kenya joins ranking; South Africa drops to 62nd place Switzerland leads…
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Wednesday 10 September, 2025
Written by Ecofin Agency
Kenya is negotiating a $1 bln debt-for-food deal with the World Food Program. The plan would channel debt relief into farm…
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