LAGOS, April 2 – Flutterwave Inc., Africa’s most valuable fintech unicorn, has secured a national microfinance banking license in Nigeria, marking a …
Emmanuel Ebube
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NAIROBI, April 2 – Global oil markets surged on Thursday after Donald Trump signaled that the United States would continue its military …
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MAPUTO, April 1 – Mozambique has repaid approximately $700 million to the International Monetary Fund ahead of schedule, eliminating its outstanding credit …
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ACCRA, April 1 – Ghana’s inflation rate eased further in March 2026, extending a sustained period of price moderation that has reshaped …
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JOHANNESBURG, April 1 – Coca-Cola and its bottling partners in South Africa have announced plans to invest 17.6 billion rand ($1 billion) …
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ADDIS ABABA, Apr 1 – National Bank of Ethiopia has retained its benchmark interest rate at 15%, signaling a continued commitment to …
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CAIRO, Mar 31 – The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term loan for …
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NAIROBI, Mar 31 – Kenya’s annual inflation rate edged up slightly to 4.4% in March, from 4.3% recorded in February, according to …
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Banking & Finance
African Banks Outpace Global Peers on Returns as Revenues Top $100 billion, McKinsey says
JOHANNESBURG, Mar 31 – African banks have surpassed the $100 billion revenue mark for the first time, with profitability significantly outperforming global …
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CASABLANCA, Mar 31 – Tanger Med Port, Africa’s largest container port, is preparing for a potential surge in vessel traffic as global …