Tag: African finance

Africa
BusinessHot News

Africa’s new credit rating agency set to launch in Mauritius

African Credit Rating Agency is set to launch in Mauritius, reshaping how investors assess African sovereign and corporate credit risk.

Timilehin Adejumobi Timilehin Adejumobi
Absa Group
BusinessHot News

Absa expands Tanzania footprint with $2.9 billion banking deal

Absa Tanzania banking deal will create a $3 billion lender, expanding the bank's East Africa footprint and regional banking growth.

Timilehin Adejumobi Timilehin Adejumobi
African Bank
BusinessHot News

African Bank’s $343 million Eskom home loan deal collapses

African Bank’s $343 million Eskom mortgage portfolio acquisition collapsed after key deal conditions were unmet.

Timilehin Adejumobi Timilehin Adejumobi
Afreximbank
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Malawi sells gold, seeks $120 million Afreximbank loan to ease fuel crisis

Malawi turns to $120 million Afreximbank loan and gold sales as forex shortages trigger fuel import delays and economic pressure intensifies further

Timilehin Adejumobi Timilehin Adejumobi
Ghana insurance consolidation
BusinessHot News

TLG Capital backs $10 million deal to deepen insurance consolidation in Ghana

TLG Capital injects $10 million to back insurance consolidation in Ghana, boosting scale, solvency, and digital growth.

Feyisayo Ajayi Feyisayo Ajayi