Kenya: Kenya Slashes Benchmark Rate to 9 Percent in Ninth Consecutive Cut

Kenya's central bank cut its benchmark interest rate by 25 basis points to 9.0%, extending an easing cycle aimed at lifting bank lending and supporting economic growth. Read more »

West Africa: Nigeria to Shut Down Unregistered Pos Operators From January 2026

Nigeria's Corporate Affairs Commission (CAC) has directed all point-of-sale (PoS) operators to register their businesses before January 1, 2026, warning that terminals belonging to… Read more »

South Africa: New $4m Fund to Support Women Entrepreneurs in South Africa

South Africa's Business Partners has introduced the ZAR90 million ($4 million) Basadi-Women Growth Fund to expand access to finance for women-owned small and medium businesses that… Read more »

Egypt: Moneyhash Partners Amwal to Expand Payment Solutions in Saudi Arabia

MoneyHash, the Egypt-based payment orchestration platform operating across the Middle East and Africa, has partnered with Saudi fintech Amwal Tech to expand installment-based… Read more »

Africa: Basigo Gets Funding From Proparco to Scale Ev Deployment Across Africa

Kenya's electric bus company BasiGo has received funding from Proparco, the French development finance institution, to support its expansion in East Africa. Read more »

South Africa: South Africa's Ageiro Raises $3m to Scale Agentic Ai Platform

South Africa-based enterprise AI company Ageiro has raised $3 million to expand its agentic AI platform, which converts business intent directly into production-ready applications.… Read more »

Africa: Africa-Focused Chui Ventures Closes First Fund At $17m

Africa-focused early-stage investor Chui Ventures has closed its first fund at $17.3 million and announced plans for a second vehicle targeting $60 million. The firm backs… Read more »

Egypt: Rology Raises New Funding to Expand Ai-Driven Teleradiology Across Mea

Egypt-based healthtech company Rology has closed a growth funding round backed by Philips Foundation, Johnson & Johnson Impact Ventures, Sanofi Global Health Unit's Impact… Read more »

Egypt: Paymob, Robusta Partner On Payments, AI and Digital Experiences

Egyptian fintech Paymob and Robusta Technology Group (RTG) have entered a strategic partnership to build an integrated digital ecosystem that combines digital payments, AI and… Read more »

South Africa: South Africa Extends GDP Growth Streak but Momentum Slows in Q3

South Africa's economy grew for a fourth straight quarter in the three months to September, expanding 0.5% from the previous period, according to data from Statistics South Africa. Read more »

Mozambique: UK Pulls $1 Billion Financing From TotalEnergies' Mozambique LNG Project

The UK government has withdrawn more than $1 billion in planned financing for TotalEnergies' liquefied natural gas project in Mozambique, adding pressure to a development already… Read more »

Nigeria: Brvm Trades Will Now Settle Two Business Days After Execution

The Bourse Régionale des Valeurs Mobilières will move to a T+2 settlement cycle on December 4, 2025, replacing its current T+3 model. The change, approved by the… Read more »

Zambia: Dot Com Zambia Launches IPO On Lusaka Securities Exchange

Dot Com Zambia has opened its initial public offering on the Lusaka Securities Exchange, targeting up to ZMW 12.3 million through the sale of one million shares at ZMW 12.3 each.… Read more »

South Africa: Ramaphosa Rebuffs Trump's Threat to Bar South Africa From G20

South African President Cyril Ramaphosa rejected U.S. President Donald Trump's threat to exclude Pretoria from next year's G20 summit, saying South Africa remains a founding and… Read more »

Zambia: S&P Lifts Zambia's Rating to CCC+ After Restructuring Gains

S&P Global Ratings upgraded Zambia's sovereign rating to CCC+ from selective default, citing progress in restructuring $13.3 billion of external debt. Read more »

Nigeria: Nigerian Economy Growth Exceeds Forecast in Third Quarter

Nigeria's economy grew 3.98% in the third quarter of 2025, slightly above expectations and marginally higher than the 3.86% recorded a year earlier, according to data released by… Read more »

South Africa: Cell C Debuts On Johannesburg Stock Exchange After $156m Share Sale

Cell C Holdings has joined the Johannesburg Stock Exchange's Main Board after completing a R2.7 billion ($156 million) share offer through The Prepaid Company, part of Blu Label… Read more »

Egypt: AD Ports Buys 19.3% Stake in Alexandria Container Operator for $272m

AD Ports Group acquired a 19.3% stake in Alexandria Container & Cargo Handling Company from the Saudi Egyptian Investment Company in a deal valued at more than AED 1 billion… Read more »

Egypt: Revibe Raises $17m to Expand Refurbished Electronics Marketplace

Revibe, a Dubai-based marketplace for refurbished electronics with major operations in Egypt, has raised $17 million in a Series A round led by Partech. The funding came from… Read more »

Guinea Bissau: Soldiers Cite Plot to Rig Election as Reason for Detaining Embaló

Soldiers in Guinea-Bissau have detained President Umaro Sissoco Embaló and halted the announcement of last weekend's election results, saying the vote should be annulled. A… Read more »

Seychelles: Fusepay Launches Payments Platform in Seychelles After $350k Pre-Seed

Fusepay, a Seychelles-founded fintech focused on frontier markets, has launched a digital payments platform to help businesses move away from cheque-based and manual processes. Read more »

Kenya: M-Kopa Crosses $1.6b Customer Credit Disbursed in Kenya

M-KOPA Kenya has issued more than $1.6 billion in credit to customers in the country, marking one of the largest financing footprints in Kenya's consumer market. Read more »

Africa: Seedstars, Sanad Program to Back Female-Led Startups in Africa

Seedstars has partnered with the SANAD Technical Assistance Facility (TAF) to launch the SANAD Elevate Her Programme. This multi-phase initiative supports female-led and 2X-aligned… Read more »

South Africa: South African Academy Gets Funding to Digitize Savings Communities

Stokvel Academy, a South African social enterprise focused on strengthening stokvels through financial education and governance training, has received funding from E Squared… Read more »

Africa: GSMA Pushes $40 Smartphones to Close Africa's Digital Gap

Across Africa, more than 600 million people live within reach of mobile broadband but remain offline. The reason is not network coverage, according to GSMA Africa head Angela… Read more »