Rwanda Breaks into Yen Debt Market with Record-Low Priced World Bank-Backed Loan.
Rwanda’s Ministry of Finance and Economic Planning said it has closed a dual-currency loan facility worth 82 million euros ($95…
South Korea Unveils $70 Billion Future Response Fund, Drawing Oversight Concerns.
South Korea’s government has proposed a new Future Response Fund worth more than 100 trillion won ($70.7 billion), funded by…
Namibia to Host African Energy Summit as Continent Seeks Investment to Close $130 Billion Power Gap.
Namibia will host a major African energy summit in Windhoek this October, organizers said, as the continent seeks to attract…
Lesotho Hosts African Summit on Reforming State-Owned Enterprise Governance.
Lesotho is hosting a three-day summit of African government officials and state enterprise executives this week aimed at strengthening corporate…
Discovery Expects Headline Earnings Per Share to Rise by Up To 36% For the Financial Year Ended 30 June 2026.
South African financial services group Discovery said on Wednesday it expects headline earnings per share to rise by between 31%…
Africa Health Financing Crisis Deepens as Debt Outpaces Spending, UN Body Warns.
Rising debt repayments are crowding out health budgets across Africa’s poorest nations, and out-of-pocket medical bills push 150 million people…
African Export-Import Bank (Afreximbank) Profit Rises 30% To $534.7 Million in First Half Of 2026.
African Export-Import Bank reported a 30% rise in net income to $534.7 million for the first half of 2026, the…
Banks and Regulators Launch Pilot to Test Post-Quantum Cryptography for Digital Asset Transfers.
A group of banks and financial regulators from multiple jurisdictions has launched a pilot program to test post-quantum cryptography for…
Africa Finance Corporation Launches Nigeria Climate Infrastructure Fund to Tap Domestic Capital.
AFC Capital Partners (ACP), the asset management arm of Africa Finance Corporation (AFC), said on Monday it has launched the…
Fitch Revises Tanzania Outlook to Positive, Affirms B+ Rating.
Fitch Ratings revised Tanzania’s sovereign credit outlook to Positive from Stable on Friday, citing stronger foreign-exchange reserves, manageable fiscal deficits…