Lagos state has announced plans to raise ₦214.8bn ($142.8m) from the capital markets under its one trillion naira debt programme, as Governor Babajide Sanwo-Olu seeks investors’ commitment.| Finance in Africa
With less than 7 months to the CBN's March 31, 2026, recapitalisation deadline, Nigeria’s mid-sized lenders are scrambling to shore up their balance sheets, deploying a mix of capital raises, mergers and asset sales to meet the new minimum capital thresholds.| Finance in Africa
Uganda has obtained a $313 million syndicated loan from Ecobank, FirstRand and the Development Bank of South Africa to finance infrastructure projects, underscoring its growing reliance on African lenders after a two-year freeze in Western funding.| Finance in Africa
Ghana will begin refining gold locally from October 2025 as part of efforts to lift export revenue and strengthen its position in the bullion trade| Finance in Africa
Botswana has established a new sovereign wealth fund to stabilise its ailing economy, amid falling diamond revenues.| Finance in Africa
Kenya’s banking sector delivered mixed results in H1 2025, with local lenders recording strong profit growth while foreign-owned banks struggled.| Finance in Africa
