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Co-Op Bank Wins Africa Award for Water Finance

Co-operative Bank of Kenya has won the Leadership in Water Infrastructure and Finance Award at the Africa WaterCredits Forum 2026…

South Africa Could Regain Investment-Grade Status by 2028, Investec Says

South Africa could regain investment-grade credit status by 2028, Investec Investment Management said on October 19, citing improving public finances…

Egypt approves Banque du Caire IPO prospectus for 30% stake sale

Egypt’s Financial Regulatory Authority has approved a prospectus for Banque du Caire’s initial public offering, clearing the way for the…

Africa Finance Corporation to launch mineral exploration fund within 12 months

The Africa Finance Corporation (AFC) plans to launch a dedicated mineral exploration investment company within the next 12 months to…

MSCI Launches Signallab to Consolidate Investment Research Signals

MSCI has launched SignalLab, an investment analytics platform that brings together more than 600 research-based investment signals, giving asset managers…

Kenya Seeks Fresh World Bank, AFDB Financing to Support Budget

Kenya is negotiating fresh financing with the World Bank and African Development Bank to support its budget, with external funds…

MSCI Indonesia Downgrade Proposal Sends Jakarta Stocks Down 11%

The MSCI Indonesia downgrade proposal would move the country from emerging market to standalone market status, the index provider said…

Oryx Energies Tanzania Business Sold to Amsons Group in $230 Million Deal

Amsons Group has acquired the Oryx Energies Tanzania downstream business in a transaction worth more than $230 million, the Tanzanian-based…

Africa carbon markets face test of investment and delivery at Kigali summit

African governments and project developers are in Kigali this week trying to do what the continent’s carbon market has struggled…

Animal & Human Nutrition Volumes Lift Unga Group Profit as Finance Costs Fall

Unga Group profit before tax more than doubled to 744 million Kenyan shillings in the year ended June 30, as…