NCBA Group’s share price jumped 8.27% on Tuesday, just a day after the East African region received strong ratings in the African Top 100 magazine, amid rumoured merger talks.
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Revolut has named ex-Mastercard executive Yacine Faqir as CEO for Morocco, deepening its North Africa push and signalling a shift toward locally led digital banking expansion.
New data from Africa: The Big Deal shows that start-ups on the continent raised $2.65bn between January and October 2025, up 56% from $1.7bn in the same period last year.
The exemptions and reliefs—announced by Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, on Monday—represent one of Nigeria’s most comprehensive efforts to simplify taxation, promote equity, and encourage compliance.
The 160-basis-point increase from 1.9% in August marks a shift in the Bank of Botswana’s monetary stance after more than two years of steady easing.
Eyob Tekalign, the new governor of the National Bank of Ethiopia (NBE), said in an interview with Bloomberg on Wednesday that the public should expect a turnaround.
South Africa’s fintech market is projected to reach R337.7bn ($19.5bn) over the next five years, posing a growing threat to the country’s established banks, according to TransUnion’s latest South Africa Research Report.
The central banks also moved to ease monetary transmission and spur credit growth by lowering the Minimum Reserve Requirement on rupee-denominated deposits from 13% to 10%, effective October 8.
The move comes four months after Ethiopia officially opened its banking industry to foreign investors for the first time in nearly five decades, signaling a cautious but strategic liberalisation of the sector.
CEO Tilahun Kassahun says the ESX may also deploy an Over-the-Counter platform for firms not yet ready for full listing, describing it as a way to encourage participation.
GoldBod attributed the performance to improved oversight and its continued collaboration between key stakeholders which has helped curb smuggling and boost repatriation of proceeds.
With this latest injection, Wema Bank’s total qualifying capital now stands at ₦264.9bn ($179.9m), well above the ₦200bn ($135.9m) minimum requirement for national banks.
The reinstatement brings relief to UBA Ghana, which is among the country’s major commercial banks with a strong presence in corporate and retail banking.
Despite its vast oil wealth, Libya has faced years of cash shortages that have forced citizens to queue outside banks to withdraw limited funds.
Ethiopia, Africa’s second most populous nation, earned $2.48bn in export revenue during the first quarter of the 2025/26 fiscal year, representing a 117% increase compared with the same period a year earlier.
The German multinational logistics and supply chain management company is doubling down on Africa’s trade future with a $349.6m investment targeting logistics expansion across its express, global forwarding, and supply chain division.
Consumer prices have eased sharply from last year’s highs, however, erratic movements and a slight uptick in September 2025 point to persistent price pressures.
The IMF has projected that SSA’s economic growth will remain unchanged in 2025 despite new US tariffs that took effect in August and raised concerns about trade disruptions.
The 2.1 percentage-point drop marks the sharpest decline since April, when consumer prices began their downward trend. Based on the old methodology, September’s inflation rate is the lowest since May 2022.
Data from the Nairobi Securities Exchange show NCBA’s share price surged to KSh 75.25 ($0.56) at Tuesday’s close — its highest on record. The group, currently the most expensive banking stock on the NSE, maintained strong momentum in Wednesday’s intraday trading.
According to data from the Nigerian Exchange Limited (NGX), Stanbic IBTC — the most expensive banking stock on the bourse — gained from ₦109 ($0.07) on Friday to ₦115 ($0.08) on Monday, maintaining that price through Tuesday’s close.