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World Bank mulls backing $500 million Rwanda’s equity fund

The World Bank Group headquarters. Photographer: Samuel Corum/ Bloomberg

South Africa dismantles legacy capital controls in $600bn investment push

Enoch Godongwana, South Africa's Finance Minister

Shortage of bankable projects deepens Namibia’s $15bn climate funding gap

Afreximbank rolls out $10bn crisis fund to support African economies, others

Afreximbank

Tanzania backs Africa Finance Corp. with equity investment after rating upgrade

Africa Finance Corp. president

World Bank bars PwC Africa units over $1.3bn power project 

The World Bank Group headquarters. Photographer: Samuel Corum/ Bloomberg

Ethiopia’s FDI inflows hit $18.6bn in five years as reforms draw investors

U.S. dollar banknotes are seen in this illustration taken May 4, 2025.

What you need to know about the Lagos International Financial Centre

Lagos governor, Sanwo-Olu, Aig Imoukhuede

Zambia pitches copper expansion as US seeks alternatives to China

Raw nickel ore being transported on a conveyor belt.

Nigeria lifts gold holdings to $3.5bn amid global bullion rally

Bullion bar

What you need to know about Nigeria’s $769 million Treasury bills auction

Nigeria signs $1.3 billion AFC deal for landmark alumina refinery

Dr.-Alake-Tasks-NIPSS

Why Africa is pushing for its own credit rating system

Private sector buildings

Nigeria’s capital inflow climbs 156% to $11m but investor caution persists 

Niger secures $91m IMF funding to close spending gap

Senegal secures $485 million from regional markets ahead of March Eurobond repayments 

Why Nigerian CEOs are betting on stronger earnings in 2026

Why Nigerian CEOs are betting on stronger earnings in 2026

Nigeria leads, Egypt lags as Africa’s private sector posts mixed performance in 2025

Private sector buildings

US travel restrictions risk cutting 120k African business trips annually

Africans travelling at the airport

Africa’s sovereign credit ratings 2025: How Moody’s, S&P, Fitch are repricing risk

African Urban Landscape




















World Bank mulls backing $500 million  Rwanda’s equity fund

The World Bank’s private investment arm, International Finance Corporation (IFC), is considering backing a new $500 million pan-African growth equity fund managed by a Rwandan-headquartered firm.

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South Africa dismantles legacy capital controls in $600bn investment push

At the core of the overhaul is a structural reset—enabling onshore foreign-currency funds and integrating crypto assets into South Africa’s formal exchange control system.

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According to stakeholders, closing the gap will depend on building credible project pipelines, strengthening regulatory frameworks, and deploying blended finance tools to attract private capital.

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Afreximbank rolls out $10bn crisis fund to support African economies, others

The $10bn Gulf Crisis Response Programme (GCRP) seeks to cushion these effects by supporting the import of essential goods, including fuel, liquefied natural gas, fertiliser, pharmaceuticals and food, while easing foreign exchange constraints

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Tanzania backs Africa Finance Corp. with equity investment after rating upgrade

AFC said in a statement on Wednesday that the investment strengthens its pan-African ownership structure and capacity to provide infrastructure financing.

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World Bank bars PwC Africa units over $1.3bn power project 

The misconduct occurred in connection with consultancy contracts on the Eastern Electricity Highway Project, a regional initiative linking Ethiopia and Kenya to boost cross-border electricity trade.

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Ethiopia’s FDI inflows hit $18.6bn in five years as reforms draw investors

The inflows place the East African nation second only to Egypt on the continent, according to figures cited by government officials, underscoring growing investor confidence in a market long closed off from the rest of the world.

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What you need to know about the Lagos International Financial Centre

Nigeria is developing the Lagos International Financial Centre to attract global banks, deepen capital markets and position Lagos as a regional hub for international investment flows. Here’s all you need to know.

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Zambia pitches copper expansion as US seeks alternatives to China

Zambia’s mines minister Paul Kabuswe on Tuesday said the government is holding investment discussions with US and other foreign partners as part of a broader strategy to expand output in Africa’s second-largest copper producer.

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Nigeria lifts gold holdings to $3.5bn amid global bullion rally

The latest purchase comes at a time when global central banks are rapidly increasing their gold holdings amid rising geopolitical tensions and persistent economic uncertainty.

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Nigeria’s central bank auctions ₦1.05 trillion in Treasury bills as markets gauge investor demand and yield direction following the first policy rate cut of the year. We know the results this Thursday.

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Nigeria signs $1.3 billion AFC deal for landmark alumina refinery

The flagship alumina refinery is designed to process approximately 1 million tonnes of bauxite ore per year using a modern Bayer-process flowsheet.Over an expected 20-year lifespan at 95% utilisation, the facility is projected to produce approximately 19 million tonnes

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Why Africa is pushing for its own credit rating system

In the financial world, a credit rating is supposed to be an objective score. In reality, these ratings are often clouded by what many spectators perceive as bias.

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A growing divergence between Nigeria’s foreign portfolio investments and FDI inflows has reawakened concerns about investor appetite for longer-term commitments in the West African economy.

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The total package is split in two: a $61 million disbursement under the Extended Credit Facility, alongside a $30 million commitment from the Resilience and Sustainability Facility, which supports investments aimed at strengthening climate resilience in Niger.

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Senegal secures funding to repay $485m Eurobond dues, sparking a bond rally but raising concerns over rising short-term borrowing risks.

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Why Nigerian CEOs are betting on stronger earnings in 2026

The majority of Nigerian chief executives are stepping into 2026 with growing confidence that improved business conditions at home will translate to stronger earnings to their organizations even as growth risks deepen.

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Nigeria leads, Egypt lags as Africa’s private sector posts mixed performance in 2025

PMI surveys show Nigeria and Uganda sustaining expansion in 2025, while Egypt, Kenya and South Africa lagged, reflecting divergent inflation trends, currency pressures and uneven domestic demand.

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US travel restrictions risk cutting 120k African business trips annually

The United States recently expanded travel restrictions targeting citizens from multiple African countries, suspending entry for several key visa categories starting January 1, 2026.

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Africa’s sovereign credit ratings 2025: How Moody’s, S&P, Fitch are repricing risk

Africa heads into 2026 with sovereign credit assessments that reflect a continent moving at different speeds. Ratings from Moody’s, S&P Global Ratings, and Fitch Ratings now show a wider gap between countries

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