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- Tunisia: Budget shows a surplus of over 591 million euros as of March 31, 2025
- Uganda: Umeme electricity company records a net loss of $140 million in 2024
- Ivory Coast unveils its $100 billion ambition to investors in Osaka
- African Airlines among those banned by the EU
- Wafa Assurance Starts 2025 with Growth, Driven by Geographic Diversification and Solid Fundamentals
- Kenya, Rwanda, Uganda linked in gold smuggling from war torn DRC, Sudan
- Foreign companies dominate the most admired brands in Africa in 2025, a new report shows
- Kenya’s Treasury paid French contractors $48 million without Parliament approval
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All airlines from Tanzania, Sudan and the Democratic Republic of Congo (DRC) among 17 other states, have been blacklisted by…...
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Kenya, Rwanda and Uganda have been supporting the smuggling of gold mined from Sudan, South Sudan and the Democratic Republic…...
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Kenya paid $48 million to a French consortium without the approval of the Parliament for breach of a construction contract.…...
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Nigerian based Moniepoint Inc is planning to buy a 78 percent stake in Kenya’s Sumac Microfinance as it expands its…...
Ethiopian Airlines is expanding its domestic fleet and replacing the older aircrafts with the addition of two new Airbuses as…...
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The South Sudan government is looking at a $74.32 million fine over a failed agreement with Vivacell, a telecommunications company…...
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IHS Towers, one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower…...
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Rwanda’s Central Bank has maintained its key interest rate at 6.5 percent in its latest Monetary Policy Committee meeting, citing…...
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Alterra Capital, a fund backed by Africa’s richest man Aliko Dangote has acquired Kenya’s old company, Pollman’s for $30.95 million…...
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Kenya’s largest telecom, Safaricom Plc, has reported a net profit of $354.3 million (Ksh45.8 billion) for the year ended March…...
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Airtel Africa has partnered with Elon Musk’s SpaceX to expand high satellite internet speed across the continent. The partnership was…...
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African traders in petrol, diesel and jet fuel among other oil products are set to benefit from a $3 billion…...
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The International Monetary Fund (IMF) has set a string of targets for Kenya before unlocking new funding. Kenya will be…...
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Investors have snubbed Ethio Telecom’s shares offered in an initial public offering (IPO) amid local investment rules in the Horn…...
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Kenya’s President William Ruto has secured a total of $823 million in deals on the second day of his four-day…...
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Marco Rubio, the United States Secretary of State, has cancelled his planned visit to Nairobi, hours after Kenya’s President Ruto…
New banks will be allowed to operate in Kenya as long as they meet the minimum core capital requirements, the…...
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Africa loses $88.6 billion annually to illicit financial flows (IFFs), a new report shows. The Illicit Financial Flows in Africa—which…...
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Listed lender Stanbic Bank has cut a deal with Kenya’s criminal investigations body to stop the police from looking into…...
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The Nairobi Securities Exchange (NSE) among other East African stock markets suffered losses on new United States tariffs imposed in…...
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Kenya’s trade minister is holding talks with the United States administration in a bid to lobby for the extension of…...
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A United States senior officer has said that America is set to invest billions of dollars to war-ridden mineral-rich Democratic…...
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The World Court has set April 10th as the hearing date for Sudan’s genocide case against the United Arab Emirates…...
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MTN Group and Airtel Africa have entered into agreements to share network infrastructure in Uganda and Nigeria while looking for…...
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Kenya Airways (KQ) has reported a Ksh5.4 Billion ($39.9 million) profit for 2024-a record high in 11 years, overturning a…...
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Tunisia has signed a Memorandum of Understanding (MoU) with the African Trade Insurance Agency (ATIDI), marking a significant step in…...
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Ecobank Kenya has raised its capital base to $65 million after injecting $27 million in fresh capital that will support…...
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Kenya is in talks with the International Monetary Fund (IMF) for a new lending programme after both sides agreed to…...
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Tanzania has defended a controversial agreement to import electricity from Ethiopia in a bid to address the frequent power outages.…...
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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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About us
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….
Contact us: redaction@financialafrik.com
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