Equity Group targets Southern Africa expansion with acquisition strategy
Kenya’s Equity Group Holdings is pursuing acquisitions in Angola, Zambia and Mozambique as part of a strategic expansion to capitalize on growth driven by infrastructure […]
Finance
IMF Approves $266m Climate Resilience Facility for Liberia, Completes ECF Review and Backs Reform Agenda
The International Monetary Fund (IMF) Executive Board on Monday, April 27, 2026, concluded the third review of Liberia’s Extended Credit Facility (ECF) programme and approved […]
Rwanda’s Tourism Revenue Climbs to $685 Million in 2025 on Strong Visitor Growth
Rwanda’s tourism sector recorded robust growth in 2025, with revenue rising to 685 million U.S. dollars from 647 million dollars in 2024, according to a […]
Angola Unveils $30bn Kwanza Relief Package for Businesses Hit by Disasters
On April 23, the Government of Angola has announced a 30 billion kwanza credit facility to support companies affected by natural disasters across multiple provinces, […]
Mozambique records rise in money laundering cases as authorities step up financial and security enforcement
Mozambique has reported a 19.4 per cent increase in money laundering cases, reaching 228 in 2025, according to the Attorney-General Américo Letela during the presentation […]
South Africa’s inflation edges up to 3.1% in March as education and services costs rise
South Africa recorded a slight increase in annual consumer inflation to 3.1 per cent in March, up from 3.0 per cent in February 2026, according […]
Malawi eyes $120m Afreximbank loan to stabilize fuel supply amid forex crisis
Malawi is seeking to borrow 120 million US dollars from the African Export-Import Bank to procure fuel, as severe foreign exchange shortages leave the country […]
Morocco Commits MAD 80 Billion to Telecom and 5G Rollout Through 2035
Morocco’s three mobile operators are committed to investing more than 80 billion dirhams — approximately eight billion dollars — in telecommunications infrastructure through 2035, as […]
South Africa’s Parliament Resumes with Focus on Budget Bills and Oversight Activities
Parliament of South Africa is set to prioritise key budget legislation and intensified oversight work this week as Members of Parliament return from the constituency […]
Morocco’s OCP Makes African Financial History With $1.5 Billion Hybrid Bond, First of Its Kind on the Continent
Morocco’s OCP Group has completed a landmark $1.5 billion hybrid bond issuance on international capital markets — the first hybrid dollar instrument ever issued by […]