Tolaram's ₦2-per-share interim dividend translates to $2M cash — on top of a $410M unrealized gain built across two acquisitions at ₦81.60...
France will provide a €100 million ($117.5 million) loan to support urban infrastructure in South Africa.
The funding complements a $925...
France will provide a €100 million ($117.5 million) loan to support urban infrastructure in South Africa.
The funding complements a $925...
President Bola Tinubu replaced Finance Minister Wale Edun with Taiwo Oyedele.
The government framed the reshuffle as a move to strengthen economic...
President Bola Tinubu replaced Finance Minister Wale Edun with Taiwo Oyedele.
The government framed the reshuffle as a move to strengthen economic...
Ecobank in talks for direct yuan settlement with Bank of China
Move would cut costs by bypassing dollar in Africa-China trade
Part of wider...
Ecobank in talks for direct yuan settlement with Bank of China
Move would cut costs by bypassing dollar in Africa-China trade
Part of wider...
Both banks posted near-identical pre-tax profits in 2025, yet a 12-point tax rate gap cost GTCO $89 million more than its rival
Zenith...
Both banks posted near-identical pre-tax profits in 2025, yet a 12-point tax rate gap cost GTCO $89 million more than its rival
Zenith...
Egypt-UAE consortium to invest €200 million in Essaouira project
First phase includes 800 rooms, leisure village, golf courses
Project...
Egypt-UAE consortium to invest €200 million in Essaouira project
First phase includes 800 rooms, leisure village, golf courses
Project...
Proparco commits $17.25 million to Alterra Africa Accelerator Fund
Fund targets established African companies with expansion...
Proparco commits $17.25 million to Alterra Africa Accelerator Fund
Fund targets established African companies with expansion...
MobileMoney Fintech CEO says company may list within 3–5 years
Listing would allow users to invest in the company via mobile channels
Ghana’s stock...
MobileMoney Fintech CEO says company may list within 3–5 years
Listing would allow users to invest in the company via mobile channels
Ghana’s stock...
Sonatel Q1 revenue rises 6.9% to 504.2 billion CFA francs
EBITDA up 9.8%, net profit increases 4.5%
Growth driven by data demand, Orange Money,...
Sonatel Q1 revenue rises 6.9% to 504.2 billion CFA francs
EBITDA up 9.8%, net profit increases 4.5%
Growth driven by data demand, Orange Money,...
Fitch says debt restructuring could come before any new IMF program
Public debt near 91% of GDP keeps pressure on finances
LNG project fuels...
Fitch says debt restructuring could come before any new IMF program
Public debt near 91% of GDP keeps pressure on finances
LNG project fuels...
Central bank aims to limit cash dollar transactions and promote digital payments
Policy targets informal dollar flows and seeks removal from FATF...
Central bank aims to limit cash dollar transactions and promote digital payments
Policy targets informal dollar flows and seeks removal from FATF...
(ACTIVA FOUNDATION) - As part of March 2026, marked by the celebration of International Women’s Rights Day, the Activa Foundation rolled out a series of...
(ACTIVA FOUNDATION) - As part of March 2026, marked by the celebration of International Women’s Rights Day, the Activa Foundation rolled out a series of...
Oman launches a bank in Luanda to finance Africa–Middle East trade
Focus on large firms and strategic sectors like energy and logistics
Move...
Oman launches a bank in Luanda to finance Africa–Middle East trade
Focus on large firms and strategic sectors like energy and logistics
Move...
The European Union committed €559 million ($660 million) to support Ethiopia’s economic transformation.
Funding targets energy...
The European Union committed €559 million ($660 million) to support Ethiopia’s economic transformation.
Funding targets energy...
Terra Industries plans a major drone manufacturing plant in Accra with capacity of 50,000 units annually by 2028.
The facility targets growing...
Terra Industries plans a major drone manufacturing plant in Accra with capacity of 50,000 units annually by 2028.
The facility targets growing...
Funding part of $250 million raise to boost investor confidence
Fintech expands services, processes $40 billion across 30...
Funding part of $250 million raise to boost investor confidence
Fintech expands services, processes $40 billion across 30...
(EBID ) - The ECOWAS Bank for Investment and Development (EBID) has convened a capacity‑building workshop from 31 March to 2 April 2026 in Lomé for...
(EBID ) - The ECOWAS Bank for Investment and Development (EBID) has convened a capacity‑building workshop from 31 March to 2 April 2026 in Lomé for...
A recent run of cyber incidents involving banks, insurers, and public-facing payment services has raised concerns about security standards in Nigeria...
A recent run of cyber incidents involving banks, insurers, and public-facing payment services has raised concerns about security standards in Nigeria...
ACK Holding signed an agreement to acquire Colas Gabon, a subsidiary of Bouygues.
The deal includes industrial assets and 254 employees, with...
ACK Holding signed an agreement to acquire Colas Gabon, a subsidiary of Bouygues.
The deal includes industrial assets and 254 employees, with...
BICICI posted a net profit of CFA36.5 billion ($65.4 million), up 39.3% year-on-year in 2025.
Customer loans fell to CFA524.4 billion as the...
BICICI posted a net profit of CFA36.5 billion ($65.4 million), up 39.3% year-on-year in 2025.
Customer loans fell to CFA524.4 billion as the...
Shares gained 42.36% in 2025 and hit an all-time high of 37,500 CFA francs in 2026, delivering investors a sustained rally on the BRVM...
Shares gained 42.36% in 2025 and hit an all-time high of 37,500 CFA francs in 2026, delivering investors a sustained rally on the BRVM...
Novation Tech opens first Tunisia factory with €22 million investment
Monastir plant to produce carbon fiber automotive components
Move...
Novation Tech opens first Tunisia factory with €22 million investment
Monastir plant to produce carbon fiber automotive components
Move...
Ecobank Transnational Incorporated asked shareholders to vote on a $500 million Tier 2 Eurobond at an Extraordinary General Meeting scheduled May 7,...
Ecobank Transnational Incorporated asked shareholders to vote on a $500 million Tier 2 Eurobond at an Extraordinary General Meeting scheduled May 7,...
Burkina Faso to nationalize Sofitex, buying remaining private shares
Company valued at 338 billion CFA francs amid high debt
Move aims to boost cotton...
Burkina Faso to nationalize Sofitex, buying remaining private shares
Company valued at 338 billion CFA francs amid high debt
Move aims to boost cotton...
Partnership with ANSER focuses on structuring and mobilizing financing
Mechanism relies on phased funding tied to project...
Partnership with ANSER focuses on structuring and mobilizing financing
Mechanism relies on phased funding tied to project...
Coris Bank International posted a 36% increase in net profit in 2025.
The bank grew its customer base by 11.6% and deposits to CFAF 2,015.3...
Coris Bank International posted a 36% increase in net profit in 2025.
The bank grew its customer base by 11.6% and deposits to CFAF 2,015.3...
Seven of Nigeria's top 11 listed banks missed the March 31 deadline for 2025 audited accounts, all citing pending Central Bank approval
The bottleneck...
Seven of Nigeria's top 11 listed banks missed the March 31 deadline for 2025 audited accounts, all citing pending Central Bank approval
The bottleneck...
DRC secures $3.1 million UK funding for agricultural SMEs
Program to support 5,000 farmers, including women-led businesses
Initiative targets...
DRC secures $3.1 million UK funding for agricultural SMEs
Program to support 5,000 farmers, including women-led businesses
Initiative targets...
AfDB approved $755m across 18 projects between January and mid-April 2026, a 443% jump on the same period last year — its strongest start since...
AfDB approved $755m across 18 projects between January and mid-April 2026, a 443% jump on the same period last year — its strongest start since...
BOAD exits BOA Bénin and Niger, sells stakes to Sonimex
BOA Bénin posts growth; BOA Niger sees sharp profit decline
Divestment reflects...
BOAD exits BOA Bénin and Niger, sells stakes to Sonimex
BOA Bénin posts growth; BOA Niger sees sharp profit decline
Divestment reflects...
Biovac, the South African biopharmaceutical company that supplies 80% of the country's routine childhood vaccines, secured more than $175 million in...
Biovac, the South African biopharmaceutical company that supplies 80% of the country's routine childhood vaccines, secured more than $175 million in...
Côte d’Ivoire establishes sovereign fund to manage public assets
Fund to finance infrastructure, stabilize economy, build long-term...
Côte d’Ivoire establishes sovereign fund to manage public assets
Fund to finance infrastructure, stabilize economy, build long-term...
Evidence shows mobile money taxes reduce usage and revenue
Most countries exceed the 0.2% threshold that triggers cash fallback
Policies...
Evidence shows mobile money taxes reduce usage and revenue
Most countries exceed the 0.2% threshold that triggers cash fallback
Policies...
CAR minister meets COBAC on FNGI operational rollout
Talks seek framework, technical support, compliance with regional rules
$18M fund...
CAR minister meets COBAC on FNGI operational rollout
Talks seek framework, technical support, compliance with regional rules
$18M fund...
WAEMU member states plan to raise CFA3,075.5 billion ($5.53 billion) in Q2 2026, up 18.3% year-on-year.
Côte d’Ivoire will lead issuance with...
WAEMU member states plan to raise CFA3,075.5 billion ($5.53 billion) in Q2 2026, up 18.3% year-on-year.
Côte d’Ivoire will lead issuance with...
Renaprov raises 1.1 billion CFA francs, below 8.4 billion target
Second subscription window extended to May 15 after weak demand
IPO seen as...
Renaprov raises 1.1 billion CFA francs, below 8.4 billion target
Second subscription window extended to May 15 after weak demand
IPO seen as...
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