LAGOS, Feb 17 – President Bola Ahmed Tinubu has called for the establishment of a continentally owned credit rating agency, warning that …
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Energy
Africa’s Electricity Financing Gap Emerges as the Continent’s Most Critical Economic Constraint
LAGOS, Feb 16 – Africa’s long term economic transformation may ultimately depend not on theoretical access to capital, but on its ability …
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JOHANNESBURG, Feb 16 – Swiss multinational private bank and financial services company Banque Pictet & Cie has established its first office in …
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JOHANNESBURG, Feb 16 – The South African rand strengthened in early Monday trading as investors positioned cautiously ahead of the release of …
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ADDIS ABABA, Feb 14 – Burundi’s President, Évariste Ndayishimiye has been elected Chairperson of the African Union for 2026, succeeding João Lourenço …
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JOHANNESBURG, Feb 14 – China will introduce zero tariff treatment for imports from 53 African countries with which it maintains diplomatic relations, …
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Startups and Venture Capital
African Startups Raise $1.8 Billion in Debt Funding as Equity Investment Slows
JOHANNESBURG, Feb 13 – African startups sharply increased their use of debt financing in 2025, nearly doubling funds raised through credit instruments …
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Development Finance
Nigeria’s Bank of Industry Records ₦636 Billion Disbursement in 2025, Sets New Benchmark
LAGOS, Feb 13 – The Bank of Industry recorded its strongest annual financing performance in 2025, disbursing ₦636 billion, approximately 424 million …
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RABAT, Feb 13 – Maroc Telecom reported net profit of 6.969 billion dirhams, equivalent to about 760 million dollars, for 2025, marking …
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WINDHOEK, Feb 13 – Australian uranium producers operating in Namibia are accelerating production plans as global uranium prices remain elevated amid renewed …