February 22
Nigeria: Risevest Secures SEC Licence After Regulatory Standoff
Nigerian fintech Risevest has obtained a Fund and Portfolio Manager licence from the Securities and Exchange Commission, bringing its investment operations under direct regulatory… Read more »
São Tomé and Príncipe: Shuttleworth to Pay Príncipe Residents $958 Stipend to Preserve Island
Tech entrepreneur Mark Shuttleworth is introducing a conservation-linked income program on Príncipe, a small island in São Tomé and Príncipe, where he… Read more »
February 21
Egypt: Egypt Cuts Rates By 100 Basis Points As Inflation Slows to 10.1 Percent
The Monetary Policy Committee of the Central Bank of Egypt cut key interest rates by 100 basis points on February 12, citing easing inflation pressures. Read more »
Zambia: Zambia Cuts Policy Rate to 13.5 Percent As Inflation Falls Below 10 Percent
Zambia's central bank lowered its policy rate by 75 basis points to 13.50%, marking a second consecutive cut and a larger move than analysts expected. Read more »
Zimbabwe: Zimbabwe Inflation Falls Below 10 Percent for First Time Since 1997
Zimbabwe's annual inflation rate has dropped below 10% for the first time since 1997, marking a milestone for an economy long defined by hyperinflation. Local-currency inflation… Read more »
South Africa: South Africa Bond Rally Builds Ahead of February 25 Budget
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce… Read more »
Kenya: World Bank, Microsoft-Backed Clean Cooking Startup Koko Networks Folds
Koko Networks, one of Africa's largest clean cooking companies, has entered administration after Kenya's government declined to issue a key approval needed to sell its carbon… Read more »
Ghana: Fitch Ratings Upgrades Ecobank Group's Outlook to Positive
Fitch Ratings has revised the Outlook on Ecobank Transnational Incorporated (BRVM: ETIT) to Positive from Stable and affirmed its Long-Term Issuer Default Rating at B-. Read more »
Nigeria: Ngx Lists First Commercial Papers With Dangote Cement Deal
The Nigerian Exchange Limited has admitted its first Commercial Paper listings, marking the debut of short-term corporate notes on its platform. Read more »
February 20
South Africa: JSE Lists New Active and Global Etfs As Market Grows 29%
The Johannesburg Stock Exchange has listed Amplify Investment Partners' first Actively Managed Exchange Traded Fund on its Main Board. Read more »
Mauritius: Mauritius Exchange to Extend Trading Hours and Shift to T+2 Settlement
The Stock Exchange of Mauritius and the Central Depository & Settlement Co. Ltd announced reforms to extend trading hours and move to a T+2 settlement cycle. Read more »
Morocco: Charikaty Raises $150,000 On Moroccan Investment Show
Morocco-based regtech startup Charikaty has raised MAD 1.5 million, or about $150,000, during Season 3 of "Qui Veut Investir Dans Mon Projet?" broadcast on national channel 2M. Read more »
Egypt: IFC Backs Five Egypt Projects in Climate Finance, Healthcare and SMEs
The International Finance Corporation signed five projects in Egypt focused on climate finance, healthcare, food security and small business support. Read more »
Egypt: Egypt's Breadfast Raises $50m Ahead of Series C and IPO Plans
Breadfast has raised $50 million in a pre-Series C round as the Egyptian e-commerce platform prepares for expansion and a larger fundraising in 2026. The round included Mubadala… Read more »
Egypt: Dawar Acquires Stake in BekyaPay to Expand Recycling Data Network
Egypt-based circular economy platform Dawar has acquired a strategic stake in consumer recycling app BekyaPay, expanding its reach to the household level. Read more »
Nigeria: MTN Nigeria Stock Hits Record High After Group's $6.2b Ihs Deal
MTN Nigeria shares rose to a record N780 on February 19 after the South Africa-based MTN Group agreed to acquire IHS Towers in a $6.2 billion transaction. The stock gained N30, or… Read more »
February 19
Cote d'Ivoire: Côte d'Ivoire Raises $1.3b in New 15-Year Eurobond Issuance
Côte d'Ivoire raised $1.3 billion on February 18, 2026 through a new 15-year international bond, marking its return to global debt markets with its lowest financing cost in… Read more »
Africa: Telco Giant Sonatel Sees 8.3 Percent Jump in Annual Revenue
Sonatel, the largest company by market value on the BRVM, reported consolidated revenue of 1,923.1 billion FCFA (about $3.47 billion) in 2025, up 8.3 percent year on year. Net… Read more »
Ghana: Ghana Plans Independent Fiscal Council As Economy Stabilizes
Ghana plans to create an independent fiscal council as part of efforts to strengthen budget discipline and prepare for an exit from its International Monetary Fund program. Read more »
Equatorial Guinea: Equatorial Guinea Inflation Hit 2.4% January On Transport Costs
Equatorial Guinea's annual inflation rate rose to 2.4% in January 2026 from 2.3% in December, according to data from the National Institute of Statistics. Read more »
Africa: Spiro Secures $7m Debt From Nithio to Expand Ev Network
Spiro has secured a $7 million debt facility from U.S.-based climate fintech Nithio to expand its electric motorcycle fleet and battery-swapping network in Africa. Read more »
February 18
Cote d'Ivoire: Orange Côte d'Ivoire to Distribute $217m in Dividends to Shareholders
Orange Côte d'Ivoire reported consolidated revenue of 1,197.1 billion FCFA (about $2.16 billion) in 2025, up 10.4 percent from 2024. EBITDAaL rose 8.7 percent to 424.1… Read more »
Senegal: Genesis Holding Acquires 10% Stake in First Bank Senegal
Genesis Holding Company has acquired a 10 percent stake in FBNBank Senegal, becoming the first investor from the WAEMU region to join the bank's shareholder base. Read more »
February 17
Egypt: Flextock Raises $12.6m to Expand Egypt and Saudi Logistics Operations
E-commerce logistics startup Flextock has raised $12.6 million in a Series A round led by TLcom Capital, with participation from Conjunction Capital and Capria Ventures. Existing… Read more »
West Africa: IFC Weighs $8m Commitment to Aruwa Capital's SME Fund
The International Finance Corporation is considering an investment of up to $8 million in Aruwa Capital Fund II, a private equity vehicle targeting small and medium enterprises in… Read more »
