- Kenya starts talks with Ethiopia for more electricity
- Afreximbank launches $3 billion revolving facility for oil players
- Four Kenyans wanted by Nigerian authorities for CBEX hack
- IMF tough rules for Kenya’s new loan
- ARC Ltd and Klapton Re join forces to expand climate insurance across Africa
- Investors snub Ethio Telecom’s IPO, taking only 10.7 percent of shares offered
- Ruto bags $823 million in China
- Kenya’s KCB, Equity Bank to sell 30 percent stake in Congo subsidiaries
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Google LLC, an American technology services company, will invest up to 1 billion USD in Bharti Airtel, parent company of…
The President of the African Development Bank (AfDB), Akinwumi Adesina, signed three financing agreements on January 27, 2022 with Amadou…
The State of Niger, through its General Directorate of Treasury and Public Accounts, raised on January 27, 2022 an amount…
The coup in Burkina Faso orchestrated by a junta dubbed the “Patriotic Movement for Safeguarding and Restoration” (MPSR) has caused…
African venture capital firm TLcom Capital has raised $70 million for the first closing of its $150 million Africa-focused technology…
GuarantCo, a member of the Private Infrastructure Development Group (PIDG), granted a portfolio guarantee of approximately 14.55 billion FCFA, or…
In the Democratic Republic of the Congo, the government increased the prices of petroleum products for the western zone, including…
The prices of products imported by Senegal rose by 3.2% in November 2021 compared to the previous month, according to…
For the second consecutive week, the needs of commercial banks in Mali will not be fully covered by the Central…
Ugandan commercial banks earned 12 billion shillings (3 million USD) in commission as insurers during the 3rd quarter of 2021,…
Tourism revenues exceeded $13 billion in 2021 in Egypt, returning to their pre-pandemic level, according to Ghada Shalaby, the responsible…
Inflation, in annual comparison, accelerated to 3.2% in December 2021 in Morocco after 2.6% in November, according to data updated…
Congo is considering the construction of a railway line to serve the north and the south in order to fcilitate…
Shell has discovered oil and gas in the Graff-1 well located in block 2913A, off the Namibian coast, we learned…
African insurers who are members of the Federation of African National Insurance Companies (FANAF) will hold their ordinary general meeting…
Egypt is expected to achieve economic growth of 5.7% for the financial year 2022-2023, as well as a primary surplus…
The fourth edition of the UEMOA Public Securities Market Meetings begins today in hybrid mode under the theme of “portfolio…
The International Finance Corporation (IFC) has granted a USD 15 million loan to GTBank Kenya, a subsidiary of the Nigerian…
Enko Capital Managers (“ECM”), management fund of Enko Africa Private Equity Fund (“EAPEF”), announces on January 22, 2022 its exit…
Abdelwahab Nougaoui joins the Wafa Assurance group as advisor to the CEO, according to an announcement made on Monday, January…
Standard Bank Group Ltd announced on Monday January 24 that 99% of its transaction volumes in South Africa are now…
This is the first message he publishes on the events that began on the night of Saturday 22 to Sunday…
The airline Air France has announced that it is suspending the Paris-Ouagadougou link. A decision that she says she took…
The Chinese Central Bank lowered, Thursday, January 19, one of its reference interest rates in order to support the economy.…
The Malian president of the transition, Assimi Goïta, announced this Wednesday January 19 to have exchanged with António Guterres, the…
At 190.6 billion dirhams, or 19 billion dollars, the turnover of companies listed in Casablanca shows growth of 8.4% at…
Faced with a latent shortage of basic products for several weeks, the Malian government suspended, on December 6, 20201, the…
In a press release sent to Financial Afrik, the friendly and all the staff of the Directorate of Taxes and…
By ABASHI SHAMAMBA Driven by a contraction in demand for currencies on the foreign exchange market and an explosion in…
The short protective seizure of Air Côte d’Ivoire on November 22, 2021, on the tarmac at Bamako airport, suffered procedural…
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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