Egypt: Egypt Holds Interest Rates As Inflation Pressures Re-Emerge

The Central Bank of Egypt left its key interest rates unchanged on Thursday, keeping the overnight deposit rate at 21% and the lending rate at 22%. Read more »

Morocco: Morocco's SGTM Secures Approval for $540m IPO in Casablanca

SGTM has received approval from Morocco's Capital Market Authority (AMMC) to launch its initial public offering, clearing the way for the construction group to list on the… Read more »

Africa: Standard Bank Becomes First African Lender to Plug Into China's Cips

Standard Bank has become the first African bank to directly integrate with China's Cross-Border Interbank Payment System (CIPS), providing African companies with a faster route to… Read more »

Nigeria: Zeeh Relaunches Product to Curb Digital Lending Defaults in Nigeria

Nigerian open-finance startup Zeeh Africa has relaunched its Direct Debit feature as it deepens its push into payments infrastructure and targets one of the biggest challenges… Read more »

Africa: South Africa's Plentify Raises Series a to Expand Smart-Energy Tech

South African electrotech startup Plentify has raised an undisclosed Series A round to expand into the U.K., Australia, and Brazil, markets facing growing renewable-energy… Read more »

Nigeria: YC-Backed Fintech Moni Rebrands As Rank After Two Acquisitions

Nigerian fintech Moni has rebranded as Rank as it expands from its original lending model into a broader community-powered financial platform. The Y Combinator-backed startup,… Read more »

Africa: SolarSaver Bags $60m to Expand SME Solar Solutions in Southern Africa

South African solar developer SolarSaver has secured $60 million to scale its small-scale solar and battery systems for businesses across Southern Africa. The company builds, owns,… Read more »

Africa: South Africa's Maxwell+Spark Gets $15m for Lithium-Ion Battery Systems

South African-founded green-tech firm maxwell+spark has closed a $15 million Series B round to speed up the rollout of its lithium-ion battery systems across industrial logistics.… Read more »

Nigeria: Nigeria's Inflation Slows Sharply in October

Nigeria's headline inflation eased to 16.05% in October 2025, down from 18.02% in September, marking a noticeable improvement in price conditions. New data from the National Bureau… Read more »

Nigeria: Nigeria Cancels Planned 15% Fuel Import Duty

The Nigerian government has abandoned its plan to impose a 15 percent ad-valorem import duty on petrol and diesel, the Nigerian Midstream and Downstream Petroleum Regulatory… Read more »

Mauritius: Eight Companies Delist From Stock Exchange of Mauritius in 2025

The Stock Exchange of Mauritius (SEM) has recorded an unusually high number of delistings in 2025, with eight companies withdrawing from the Official Market or the Development… Read more »

Nigeria: Nigeria Lists $70m Real Estate Investment Fund On NGX

Nigeria has listed the commercial tranche of the ₦100 billion ($70 million) MOFI Real Estate Investment Fund (Series 2) on the Nigerian Exchange. Read more »

Nigeria: Paystack Suspends Co-Founder Ezra Olubi Amid Sexual Misconduct Scandal

Nigeria's fintech firm Paystack has suspended its co-founder and Chief Technology Officer, Ezra Olubi, following an allegation of sexual misconduct involving a subordinate. The… Read more »

South Africa: JSE Lists Two New Exchange Traded Funds From Ninety One

The Johannesburg Stock Exchange (JSE) has listed two new actively managed exchange-traded funds (AMETFs) from Ninety One: the Ninety One Diversified Income Prescient Feeder AMETF… Read more »

Kenya: Safaricom Launches Ziidi Trader to Enable Stock Trading Via M-Pesa

Safaricom (NSE: SCOM) is piloting a new feature called Ziidi Trader that will allow users of its mobile-money platform M-PESA to buy and sell stocks directly from their phones. Read more »

Africa: IFC Invests $6m in First Circle to Back Early-Stage African Fintechs

First Circle Capital, a specialist early-stage venture fund with offices in Casablanca and Kampala, has secured $6 million in funding from the International Finance Corporation… Read more »

South Africa: JSE Lists Oribi Global Growth Prescient Actively Managed ETF

The Johannesburg Stock Exchange (JSE) has listed the ORBIGG - the Oribi Global Growth Prescient AMETF - on its Main Board. Read more »

Rwanda: Rwanda Stock Exchange to Launch Green Finance Window

The Rwanda Stock Exchange (RSE) is preparing to launch its dedicated "Green Exchange Window" (GEW), a platform for green, social, and sustainability-linked financial products. The… Read more »

Tunisia: WildyNess Secures Pre-Seed Funding to Expand Travel Platform

WildyNess, a Tunisian B2B2C traveltech startup, has closed its pre-seed funding round for an undisclosed amount, co-led by Bridging Angels and the African Diaspora Network. The… Read more »

South Africa: Cell C Targets JSE Listing Via $450m Private Placement

Cell C, South Africa's third-largest mobile operator, plans to list on the Johannesburg Stock Exchange (JSE) through a private placement of shares currently held by The Prepaid… Read more »

Kenya: KCB Group Acquires Stake in Pesapal to Boost Digital Payments

KCB Group Plc plans to acquire a minority stake in Pesapal Limited, a Central Bank of Kenya-licensed payment service provider, in a deal that marks a major step in its digital… Read more »

Africa: BGFI Holding's Long-Awaited IPO Gets Regulator Approval

The planned listing of BGFI Holding Corporation (BHC) -- parent company of BGFIBank, one of Central Africa's largest financial groups -- has officially received approval from the… Read more »

Nigeria: Equinix to Invest $22m in New Lagos Data Centre

Equinix, the global data centre giant that acquired MainOne in 2022, plans to construct a $22 million data centre in Lagos, marking its first newly built facility in West Africa. Read more »

Egypt: Wafa Assurance Completes Acquisition of Delta Insurance in Egypt

Morocco's listed insurer Wafa Assurance (BVC: WAA), a subsidiary of Attijariwafa Bank (BVC: ATW), has finalised the purchase of a 63.4 percent stake in Egypt's listed insurer Delta… Read more »

Africa: Venture Builder Trium to Bet $100m On African Startups

Trium, a Lagos-based venture builder within the Coronation Group, is betting $100 million over the next five years to prove that Africa's startup future can be built, not just… Read more »