Finance

ABUJA, April 15 – Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on the International Monetary …

JOHANNESBURG, April 15 – The World Bank Group, through its private-sector arm, the IFC – International Finance Corporation and Citigroup Inc. have launched …

BERLIN, April 14 – Germany has agreed to extend a €200 million ($234 million) concessional climate loan to South Africa, strengthening bilateral …

KINSHASA, April 10 – The Democratic Republic of Congo raised $1.25 billion in its first international bond sale, tapping strong investor demand …

CAIRO, April 9 – The African Export-Import Bank (Afreximbank) reported robust financial performance for 2025, with total assets and contingencies rising 21% …

LONDON, April 7 – South Africa’s FirstRand plans to exit its UK motor finance business after increasing provisions to £750 million to …

CAIRO, Mar 31 – The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term loan for …

DAKAR, Mar 27 – Senegal raised 721 billion CFA francs ($1.3 billion) through derivative transactions last year, as it sought alternative financing …

CAIRO, Mar 5 – The African Export-Import Bank (Afreximbank) has emerged as the top-ranked Mandated Lead Arranger and Bookrunner in the 2025 …

ABUJA, Mar 3 – Nigeria’s net foreign exchange reserves rose to $34.8 billion at the end of 2025, up from $23.11 billion …