Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
Egypt is preparing to issue domestic Sukuk within the first half of the 2025/2026 fiscal year, according to Finance Minister Ahmed Kouchouk. The announcement was made during a panel discussion …
Egypt is preparing to make history in its financial sector as the Central Bank of Egypt (CBE) has given the green light for Banque Misr’s Misr Digital Innovation (MDI) to …
President Abdel Fattah El-Sisi has given a new directive to the Central Bank of Egypt, asking the regulator to intensify efforts to raise dollar proceeds from within the country while …
Industrial & Medical Gases Nigeria Plc has announced the launch of a N6.39bn rights issue aimed at strengthening its market position and supporting ongoing expansion projects. In a statement issued …
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
Mango Airlines, South Africa’s low-cost carrier, is on the verge of shutting down for good after its last hope of survival collapsed. The investor expected to revive the struggling airline …
A consortium led by Saudi Arabia’s Zahid Group has received the green light from South Africa’s Competition Tribunal to acquire Barloworld in a deal worth R23 billion. The transaction, which …
Standard Bank has raised the alarm over a sharp rise in “spoofing” fraud, warning customers to be extra careful as criminals now use artificial intelligence tools to sound and look …
Hilmax Engineering, one of Zimbabwe’s leading engineering service providers to the mining industry, has staged a remarkable comeback after facing a serious survival battle last year. For more than a …
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill 2025 into law, officially making it the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The new law has …
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