Investment
Top stories
The $10bn Gulf Crisis Response Programme (GCRP) seeks to cushion these effects by supporting the import of essential goods, including fuel, liquefied natural gas, fertiliser, pharmaceuticals and food, while easing foreign exchange constraints
AFC said in a statement on Wednesday that the investment strengthens its pan-African ownership structure and capacity to provide infrastructure financing.
The misconduct occurred in connection with consultancy contracts on the Eastern Electricity Highway Project, a regional initiative linking Ethiopia and Kenya to boost cross-border electricity trade.
The inflows place the East African nation second only to Egypt on the continent, according to figures cited by government officials, underscoring growing investor confidence in a market long closed off from the rest of the world.
Nigeria is developing the Lagos International Financial Centre to attract global banks, deepen capital markets and position Lagos as a regional hub for international investment flows. Here’s all you need to know.
Zambia’s mines minister Paul Kabuswe on Tuesday said the government is holding investment discussions with US and other foreign partners as part of a broader strategy to expand output in Africa’s second-largest copper producer.
The latest purchase comes at a time when global central banks are rapidly increasing their gold holdings amid rising geopolitical tensions and persistent economic uncertainty.
Nigeria’s central bank auctions ₦1.05 trillion in Treasury bills as markets gauge investor demand and yield direction following the first policy rate cut of the year. We know the results this Thursday.
The flagship alumina refinery is designed to process approximately 1 million tonnes of bauxite ore per year using a modern Bayer-process flowsheet.Over an expected 20-year lifespan at 95% utilisation, the facility is projected to produce approximately 19 million tonnes
In the financial world, a credit rating is supposed to be an objective score. In reality, these ratings are often clouded by what many spectators perceive as bias.
A growing divergence between Nigeria’s foreign portfolio investments and FDI inflows has reawakened concerns about investor appetite for longer-term commitments in the West African economy.
The total package is split in two: a $61 million disbursement under the Extended Credit Facility, alongside a $30 million commitment from the Resilience and Sustainability Facility, which supports investments aimed at strengthening climate resilience in Niger.
Senegal secures funding to repay $485m Eurobond dues, sparking a bond rally but raising concerns over rising short-term borrowing risks.
The majority of Nigerian chief executives are stepping into 2026 with growing confidence that improved business conditions at home will translate to stronger earnings to their organizations even as growth risks deepen.
PMI surveys show Nigeria and Uganda sustaining expansion in 2025, while Egypt, Kenya and South Africa lagged, reflecting divergent inflation trends, currency pressures and uneven domestic demand.
The United States recently expanded travel restrictions targeting citizens from multiple African countries, suspending entry for several key visa categories starting January 1, 2026.
Africa heads into 2026 with sovereign credit assessments that reflect a continent moving at different speeds. Ratings from Moody’s, S&P Global Ratings, and Fitch Ratings now show a wider gap between countries
While the replenishment outcome represents a 23% increase over the previous round, it fell well short of the AfDB’s $25 billion target, highlighting challenges in sustaining concessional funding amid a tougher global climate.
Standard Bank has agreed to provide a $138m facility to Safaricom Ethiopia, backing network expansion as the operator scales in Africa’s second-most populous market.
