Browsing: Featured

Explore top-notch features in Financial Afrik’s dedicated Featured section. Stay updated on premium insights shaping Africa’s economic landscape.

AfCFTA, Patience, and Tact: In Addis Ababa, Nothing New

Featured 20 March, 2025

“Implementing the AfCFTA requires tact and patience,” asserts Riyad Mezouar, Chairman of the Bureau of African Ministers of Finance and…...

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Rwanda and DRC leaders meet in Qatar, agree to ceasefire

Featured 19 March, 2025

Rwanda and the Democratic Republic of Congo (DRC) held first talks in Qatar on Tuesday since M23 rebels seized parts…...

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IMF and Kenya start talks for new lending program

Featured 17 March, 2025

Kenya is in talks with the International Monetary Fund (IMF) for a new lending programme after both sides agreed to…...

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The Mauritanian Sidi Ould Tah secures Congo’s support for the AfDB presidency

Featured 14 March, 2025

On March 13, 2025, Sidi Ould Tah was received by Congolese President Denis Sassou Nguesso in Oyo, Republic of the…

Sudan bans imports from Kenya for hosting rebel group leaders in Nairobi

Featured 14 March, 2025

Sudan has suspended all imports from Kenya, for hosting the paramilitary group Rapid Support Forces (RSF) in Nairobi in February.…

Kenya loses $15.5 million after BAT shutdown operations in Sudan amid civil war

Featured 13 March, 2025

Kenya has lost about $15.5 million in tobacco exports after British American Tobacco (BAT) shutdown its operations in Khartoum following…...

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East African Community (EAC) Faces Funding Crisis as Most Member Countries Struggle with Arrears

Featured 7 March, 2025

The East African Community (EAC) is grappling with a financial crisis for the third time in the 2024/25 fiscal year,…...

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Moody’s Upgrades African Banking Sector Outlooks, Kenya and WAEMU Stabilize; Egypt and Nigeria Gain Momentum

Featured 3 March, 2025

Latest Update: Moody’s Enhances Outlook on African Banking Sector Moody’s Ratings has updated its evaluations of African banking systems, noting…...

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Rémy Rioux, CEO of AFD Group : « Finance in Common concretely strengthens and renews development financing »

Featured 28 February, 2025

Upon the launch of AFD’s “Economic Outlook 2025,” Financial Afrik had an extensive conversation with Rémy Rioux, the head of…

Kenya raises $1.5 billion in new Eurobond

Featured 27 February, 2025

Kenya has raised $1.5 billion from creditors in the latest Eurobond sale to help clear its public debt stock.Citigroup Inc.…

World Food Programme stops aid in Sudan’s Darfur camp on attacks

Featured 26 February, 2025

The largest food aid organization, the World Food Programme (WFP) has said that it has been forced to suspend food…...

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Opinion on the AfDB Presidency by Dr. Frannie LEAUTIER, Senior Partner and CEO, SouthBridge Investments

Featured 20 February, 2025

We publish here Frannie Leautier’s op-ed on the presidency of the African Development Bank (AfDB). Among the five candidates, the…

Kenya’s $252 million contracts, grants purged in USAID axe

Featured 19 February, 2025

United States President Donald Trump has cancelled five large contracts and grants in Kenya totalling $251.5 million (Sh32.5 billion). Mr…...

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Atlantique Finance Leads UEMOA’s Financial Market in 2024

Featured 18 February, 2025

Abidjan, February 18, 2025 – Atlantique Finance (AFIN), a subsidiary of the Pan-African group Banque Centrale Populaire (BCP), has achieved a…

Kenya defers $682 million IMF funding

Featured 17 February, 2025

Kenya has deferred $682.2 million in funding expected from the International Monetary Fund (IMF) under the ninth review to the…...

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Djibouti’s Mahmoud Youssuf wins African Union Chairmanship

Featured 15 February, 2025

Djibouti’s finance minister Mahmoud Ali Youssouf has won by majority the African Union commission chairmanship at a summit held in…

Ethio Telecom posts 43 percent rise in half year revenue

Featured 13 February, 2025

Ethiopian state-owned telecommunications firm Ethio Telecom recorded a half-year revenue rise of 43.3 percent to 61.9 billion birr ($491.57 million).…...

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South Sudan replaces two vice presidents, security director in new reshuffle

Featured 12 February, 2025

South Sudan’s President Salva Kiir has fired two of his five vice presidents, spy chief among other senior officials in…...

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Nigeria, Tanzania suffer biggest blow on USAID funding halt

Featured 11 February, 2025

Analysis of the data shows that in the year ended December 2023, Nigeria received $368 million followed by Tanzania scoring…...

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UN warns of regional conflict spillover from DRC

Featured 8 February, 2025

The United Nations (UN) has warned that the conflict in the Democratic Republic of Congo (DRC) is likely to worsen…...

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Uganda’s maintains rate at 9.75 percent, cautions Trump policies pose inflation risk

Bank 6 February, 2025

Uganda’s central bank has held its main lending rate at 9.75 percent on Thursday, citing inflation looked contained despite uncertainties…...

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Kenya’s Central Bank lowers base rate further to 10.75 percent

Bank 5 February, 2025

The Central Bank of Kenya (CBK) has cut its benchmark lending rate for the fourth monetary policy meeting in a…...

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Pan African insurer ATIDI eyes North and South Africa in expansion plan

Banks & Insurance 5 February, 2025

African Trade and Investment Development Insurance (ATIDI) is eyeing entry into the Northern and Southern African countries led by Egypt,…...

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AfDB proposes new mineral backed currency for energy projects

Featured 4 February, 2025

The African Development Bank Group (AfDB) is exploring a new currency model that is backed by African minerals to mitigate…...

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6th edition of the Financial Afrik Awards

Editorial 30 January, 2025

From left to right : Eng. Sultan Abdulrahman Al-Marshad – CEO of SFD, Dr. Sidi Ould Tah – President of BADEA,…

London-based Actis sells Java House to two private equity firms

Featured 28 January, 2025

London-based Actis has sold Java House, East Africa’s coffee chain to two private equity firms, a new notice shows. According…...

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South Sudan’s Central Bank threatens to revoke Stanbic’s licence on airline row

Bank 24 January, 2025

South Sudan’s central bank has threatened to terminate Stanbic Bank’s licence in a dispute concerning millions of dollars that were…...

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Trump freezes foreign development assistance leaving African deals in limbo

Featured 22 January, 2025

First order of business for newly inaugurated United States President Donald Trump has been to enact a 90 day pause…...

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CMC Motors exits East Africa on challenging economic environment

Featured 21 January, 2025

Curtains close for East Africa’s automotive powerhouse CMC Motors Group after announcing it is closing its operations in Kenya, Uganda…...

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Kenyan startup raises $4.5 million toward sustainable tourism

Featured 16 January, 2025

Kenya-based venture capital firm Purple Elephant has secured $4.5 million in seed capital, making it one of Africa’s biggest rounds…...

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