Africa finance

Kenya has moved to convert roughly $3.5 billion of its dollar-denominated loans from China into Chinese yuan, a shift aimed...

Nigeria’s central bank has announced an unexpected interest rate hike this morning, moving aggressively to contain inflationary pressures and stabilise...

Uganda has announced a significant reduction in public spending and domestic borrowing for the 2026/27 financial year, as the government...

Asian markets opened with mixed performance on Thursday, setting the tone ahead of the day’s trading in Europe and the...

African markets are expected to open cautiously on Monday, with investors balancing local economic data, global commodity trends, and persistent...

African markets closed the week with mixed signals, balancing cautious optimism in South Africa against ongoing fiscal pressures elsewhere. Inflation...

African leaders have launched an ambitious plan to raise $50 billion each year to fund climate solutions, marking one of...

Kenya has unveiled a $1 billion plan to restructure part of its debt through a debt-for-food-security swap, while also preparing...

Africa is mobilising both domestic savings and international partnerships to fund critical infrastructure and digital projects, with new deals highlighting...

The Africa Finance Corporation (AFC) has called on African governments and institutions to unlock up to $4 trillion of domestic...