Across Africa, small and medium agribusinesses remain stuck in what experts call the “missing middle” of finance. The common argument is that collateral is the biggest barrier to accessing agricultural …
Finance
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AfricaAgribusinessAgricultureDevelopmentFinancePolicies
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EconomyFinanceKenyaSecurityTechnology
CBK Launches Cybersecurity Operations Centre for Banking Sector
The Central Bank of Kenya (CBK) has established a Banking Sector Cybersecurity Operations Centre (BS-SOC) to enhance cyber defenses across the country’s financial system. The facility, which will operate under …
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AfricaBusinessEnergyFinanceSustainabilityTechnology
Mirova Commits $10m to ARC Ride’s E-Mobility Expansion in Kenya
Sustainable investment firm, Mirova, has committed up to US$10 million in five-year debt funding to ARC Ride, a Nairobi-based electric mobility startup, marking its first electric vehicle investment in Sub-Saharan …
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AfricaBusinessEconomyFinanceInnovationTechnology
Unstoppable Africa 2025: New AI and Investment Initiatives Put Africa on Global Innovation Map
New York, September 22, 2025 – Africa took major steps towards positioning itself at the centre of global innovation as new projects and initiatives were announced at the Unstoppable Africa …
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Central BankingEconomyFinanceForeign ExchangeINVESTMENTMarkets
Nigeria’s External Reserves Hit Six-Year High, Cross $42bn Mark
Nigeria’s external reserves have risen to their highest level in six years, crossing the $42bn threshold for the first time since September 2019. Fresh data from the Central Bank of …
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BusinessCapital MarketCorporate ServicesEconomyFinanceINVESTMENTNigeriaTelecommunications
Airtel Africa Returns $34.7m to Shareholders Through Ongoing Share Buyback
Airtel Africa Plc has returned a total of $34.7 million to its shareholders after repurchasing 14.2 million shares under its ongoing share buyback programme. The telecoms and mobile money services …
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BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Zenith Bank Half-Year Profit Hits N532bn, Gross Earnings Rise to N2.5tn
Zenith Bank Plc has reported strong financial results for the first half of 2025, growing its gross earnings to N2.5 trillion as of June 30, 2025. This represents a 20 …
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BankingCapital MarketCorporate GovernanceDebt Management,FinanceINVESTMENT
Union Bank Completes N6.31bn Bond Redemption
Union Bank of Nigeria has successfully completed the full redemption of its Series 2 bond, paying both principal and coupon totalling N6.31 billion on September 3, 2025. The repayment marks …
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Economic DevelopmentFinanceGovernanceTaxationTechnology
Ekiti Commends SoftAlliance for Driving Revenue Growth with Digital Tax Solutions
Ekiti State government has commended its technology partner, SoftAlliance, for playing a major role in modernising the state’s revenue collection system through its flagship digital solutions, SoftTax and the Central …
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BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Stanbic IBTC Half-Year Profit Jumps to N173.4bn on Strong Interest and Fee Income
Stanbic IBTC Holdings Plc has reported a profit after tax of N173.4 billion for the half year ended June 30, 2025, showing a 49 per cent rise compared with the …