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Ecobank pursues direct yuan settlements to slash dollar costs in Africa China trade

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Ecobank's push for direct yuan settlements highlights the accelerating shift in Africa-China trade finance, reducing reliance on the US dollar.

Nigeria’s central bank to ease FX intervention as liquidity improves 

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

CBN Governor Olayemi Cardoso photographed by Bloomberg

Why the share of bad loans in Kenya is quietly rising

Author

  • Pelumi Davis

    Pelumi is a freelance writer with over five years of experience spanning content, creative, and academic writing. His work cuts across lifestyle, cryptocurrency, self-improvement, and technical documentation, and he has published academic papers that reflect his blend of curiosity and research. He currently collaborates with Finance in Africa, covering stories on the continent’s financial landscape. Connect with him on LinkedIn and explore his portfolio on Muck Rack.

Author

  • Pelumi Davis

    Pelumi is a freelance writer with over five years of experience spanning content, creative, and academic writing. His work cuts across lifestyle, cryptocurrency, self-improvement, and technical documentation, and he has published academic papers that reflect his blend of curiosity and research. He currently collaborates with Finance in Africa, covering stories on the continent’s financial landscape. Connect with him on LinkedIn and explore his portfolio on Muck Rack.

Image of a Bank and Kenyan flag

Global investors back Afreximbank with $800m in 2025 despite rating downgrades

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

Afreximbank headquarters in Cairo, Egypt

Ethiopia’s microfinance banks posts record $3.7bn profit as deposits surge

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

A man counts Ethiopia's birr notes in Merkato, one of Africa's biggest open-air markets, in Addis Ababa, Ethiopia

Nigerian banks raise $3.4 billion in fresh capital to meet recapitalisation standards

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

A view shows the Central Bank of Nigeria’s headquarters in Abuja

GTCO reports $890 million pre-tax profit for 2025 with record dividend per share

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Image of GTCO building

FirstRand streamlines FNB in bold push for smarter client banking

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Image of FirstRand Bank and people entering the bank

Afreximbank secures record $2bn syndicated loan amid creditor status clashes

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Image of Afeximbank Building

Ethiopia’s banking reforms at risk as state-control nears 50%

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

A general view of the cityscape of Addis Ababa, Ethiopia,

Standard Bank sets 8-12% EPS growth target as Africa risks test outlook

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

The image shows the interior of a modern Standard Bank building. A large wooden and glass structure prominently displays the Standard Bank logo and name in sleek metallic lettering.

I&M Group profit rises 21.9% to $119 million as loan book contracts 7.8%

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

I&M Bank

Absa reports 12% rise in headline earnings to $1.52bn

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Image of Absa Bank tower

Kenya’s Stanbic Holdings reports flat $106.4M profit as revenue falls, impairments halve

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Image of Stanbic IBTC Bank

South Africa’s Standard Bank posts record $2.9bn earnings on regional growth

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

A woman walks past a Standard Bank logo at the Investing in African Mining Indaba 2024 conference in Cape Town, South Africa

Nedbank lifts earnings 2% as credit losses fall, revenue growth remains subdued

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Image of Nedbank

Kenya’s competition authority fines GT Bank $257,209 in corporate lending dispute

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Author

  • Paul Chinedu

    Paul Chinedu is a financial writer and business analyst passionate about the intersection of the global economy and Africa. He examines how global trends impact African nations, providing insights that make complex economic issues accessible to all. Through his work.
    Paul aims to foster awareness and dialogue about the challenges and opportunities shaping Africa’s future.

Image of GTCO building

Standard Chartered Zambia converts reserves to meet $27.4m capital threshold

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

A Standard Chartered bank branch

Africa’s largest bank raises $124m in oversubscribed FLAC debut

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

Author

  • Amarachi Orjiude-Ndibe

    Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent.

    At Finance In Africa, Amarachi delivers sharp, data-driven insights tailored for bankers, investors, and finance professionals. She analyses central bank policies, fiscal reforms, and regulatory shifts, translating their impact into actionable intelligence. Her coverage spans banking performance, inflation, currency movements, capital markets, fixed income, and corporate earnings—helping industry players navigate risks and opportunities with confidence.

    Connect with her on LinkedIn: Amarachi Orjiude-Ndibe.

A woman walks past a Standard Bank logo at the Investing in African Mining Indaba 2024 conference in Cape Town, South Africa

Nigeria’s fintech regime split between speed and stability — capital is feeling the strain

Author

  • Pelumi Davis

    Pelumi is a freelance writer with over five years of experience spanning content, creative, and academic writing. His work cuts across lifestyle, cryptocurrency, self-improvement, and technical documentation, and he has published academic papers that reflect his blend of curiosity and research. He currently collaborates with Finance in Africa, covering stories on the continent’s financial landscape. Connect with him on LinkedIn and explore his portfolio on Muck Rack.

Author

  • Pelumi Davis

    Pelumi is a freelance writer with over five years of experience spanning content, creative, and academic writing. His work cuts across lifestyle, cryptocurrency, self-improvement, and technical documentation, and he has published academic papers that reflect his blend of curiosity and research. He currently collaborates with Finance in Africa, covering stories on the continent’s financial landscape. Connect with him on LinkedIn and explore his portfolio on Muck Rack.

Frontage of the Central Bank of Nigeria

Top stories

Ecobank pursues direct yuan settlements to slash dollar costs in Africa China trade

Ecobank pursues direct yuan settlements to slash dollar costs in Africa China trade

Ecobank is collaborating with Bank of China to introduce direct local currency to yuan settlement services by 2026, aiming to streamline payments for African SMEs engaged in trade with China.

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Nigeria’s central bank to ease FX intervention as liquidity improves 

Nigeria’s central bank to ease FX intervention as liquidity improves 

The shift marks a potential turning point in the management of the naira after years of heavy central bank involvement to stabilise the currency amid chronic dollar shortages.

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Why the share of bad loans in Kenya is quietly rising

Why the share of bad loans in Kenya is quietly rising

There’s a fact in Kenyan banking that often gets overlooked: most Kenyans repay their loans. Four out of five, in fact. The problem isn’t that Kenyans don’t pay. It’s that the share that doesn’t has been quietly rising

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Global investors back Afreximbank with $800m in 2025 despite rating downgrades

Global investors back Afreximbank with $800m in 2025 despite rating downgrades

The Cairo-based lender said on Thursday that it successfully issued Samurai and Panda bonds across Japan and China during the year, underscoring its continued access to global capital.

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Ethiopia’s microfinance banks posts record $3.7bn profit as deposits surge

Ethiopia’s microfinance banks posts record $3.7bn profit as deposits surge

Net income across microfinance institutions (MFIs) rose to $31 million (ETB 3.7 billion), a 22.6% increase from $25.1 million (ETB 3 billion) a year earlier, according to central data reviewed by Finance In Africa.

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Nigerian banks raise $3.4 billion in fresh capital to meet recapitalisation standards

Nigerian banks raise $3.4 billion in fresh capital to meet recapitalisation standards

The Central Bank of Nigeria confirmed that banks successfully completed a significant recapitalisation drive by the March 31, 2026 deadline, raising $3.4 billion.

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GTCO reports $890 million pre-tax profit for 2025 with record dividend per share

GTCO reports $890 million pre-tax profit for 2025 with record dividend per share

Guaranty Trust Holding Company Plc (GTCO) reported a pre-tax profit of $890 million for the year ending December 31, 2025, despite a decline in profit after tax due to non-recurrence of prior year gains and higher taxes.

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FirstRand streamlines FNB in bold push for smarter client banking

FirstRand streamlines FNB in bold push for smarter client banking

FirstRand Group has announced a major restructuring of its First National Bank (FNB) division to enhance client services amid rising product commoditisation.

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Afreximbank secures record $2bn syndicated loan amid creditor status clashes

Afreximbank secures record $2bn syndicated loan amid creditor status clashes

Afreximbank has successfully closed its largest-ever syndicated borrowing, raising $2 billion through a dual-tranche loan facility. Despite recent rating challenges from Fitch, the deal attracted significant global interest…

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Ethiopia’s banking reforms at risk as state-control nears 50%

Ethiopia’s banking reforms at risk as state-control nears 50%

New data from the National Bank of Ethiopia’s (NBE) third financial stability report shows state-owned CBE’s market share rising across key balance sheet indicators in the year to June 30, 2025, even as medium and small banks lose ground.

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Standard Bank sets 8-12% EPS growth target as Africa risks test outlook

Standard Bank sets 8-12% EPS growth target as Africa risks test outlook

Standard Bank Group, Africa’s largest lender, forecasts an 8-12% compound annual growth in headline earnings per share from 2026 to 2028, alongside revenue growth of 7-10%.

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I&M Group profit rises 21.9% to $119 million as loan book contracts 7.8%

I&M Group profit rises 21.9% to $119 million as loan book contracts 7.8%

IM Group PLC reported a 21.9% increase in profit after tax, reaching $119 million for the 2024 fiscal year, driven by net interest income growth. However, the lender faced a 7.8% contraction in its loan portfolio and subdued credit demand amid Kenya’s economic challenges.

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Absa reports 12% rise in headline earnings to $1.52bn

Absa reports 12% rise in headline earnings to $1.52bn

Revenue rose 5% to $7.07 billion (R115.7 billion), while pre-provision profit increased 4% to $3.27 billion (R53.5 billion). Credit impairments declined 6% to $820 million (R13.4 billion), reducing the credit loss ratio (CLR) to 88 basis points from 103 basis points.

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Kenya’s Stanbic Holdings reports flat $106.4M profit as revenue falls, impairments halve

Kenya’s Stanbic Holdings reports flat $106.4M profit as revenue falls, impairments halve

Total revenue declined 3.1% year-on-year to $298.5 million (KShs 38.51 billion), driven by reductions in both net interest income and non-interest income. This pressure reflects a normalizing interest rate environment in Kenya following earlier high rates.

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South Africa’s Standard Bank posts record $2.9bn earnings on regional growth

South Africa’s Standard Bank posts record $2.9bn earnings on regional growth

The lender’s total assets expanded to $216.5 billion (R3.6 trillion) from $196.0 billion (R3.26 trillion) a year earlier, reflecting robust balance sheet growth across both domestic and regional operations.

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Nedbank lifts earnings 2% as credit losses fall, revenue growth remains subdued

Nedbank lifts earnings 2% as credit losses fall, revenue growth remains subdued

South Africa’s Nedbank Group reported a modest 2% increase in headline earnings for the full year 2025, reaching $1.07 billion (R17.2 billion), as improved credit quality helped offset subdued revenue growth amid ongoing economic challenges in the country.

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Kenya’s competition authority fines GT Bank $257,209 in corporate lending dispute

Kenya’s competition authority fines GT Bank $257,209 in corporate lending dispute

Kenya’s competition regulator has fined GT Bank $257,209 for misleading credit terms and backdated interest charges in a corporate lending dispute.

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Standard Chartered Zambia converts reserves to meet $27.4m capital threshold

Standard Chartered Zambia converts reserves to meet $27.4m capital threshold

Bank of Zambia records show the minimum paid-up capital requirement was first introduced in January 2012, giving the British bank a 14-year window to reach compliance.

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Africa’s largest bank raises $124m in oversubscribed FLAC debut

Africa’s largest bank raises $124m in oversubscribed FLAC debut

The historic transaction attracted bids exceeding $619 million from more than 30 institutional investors, underscoring strong demand for instruments designed to shield banks and taxpayers during periods of financial stress.

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Nigeria’s fintech regime split between speed and stability — capital is feeling the strain

Nigeria’s fintech regime split between speed and stability — capital is feeling the strain

Nigeria’s fintech ecosystem is one of Africa’s most vibrant, with its nucleus positioned in Lagos. According to the 2024 annual data released by the Nigeria Inter-Bank Settlement System (NIBSS)…

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