Ethiopia's Stock Exchange Advances Six Banks Toward Listings
Ethiopia’s stock market is set for its first meaningful expansion after the Ethiopia Securities Exchange confirmed six banks have received approval in principle to list on the ESX Main Market. Awash, Dashen, Bank of Abyssinia, Abay, Anbesa, and Amhara banks are finalising securities registration with the Ethiopian Capital Market Authority and completing prospectus disclosures, the final regulatory steps before listing and the start of trading. The move signals growing momentum as Ethiopia shifts from market launch toward active capital formation ahead of the fiscal year-end.
Morocco Overtakes Kenya as Africa’s Leading Avocado Exporter
Morocco has overtaken Kenya as Africa’s leading avocado exporter, with shipments soaring while Nairobi's exports stumbled amid logistical bottlenecks
Jumia Narrows 2025 Loss to KSh 7.75Bn as Market Exits Cut Cash Burn
Coca-Cola HBC to Acquire Africa's Largest Coca-Cola Bottler at US$ 3.4bn Valuation
Coca-Cola will sell 41.52% out of its 66.52% stake in CCBA to Coca-Cola HBC, and Coca-Cola HBC is acquiring 33.48% of CCBA that is held by GFIConduit Partners With Onafriq to Expand Stablecoin-Powered Payments in Africa
Conduit, a cross-border payments platform leveraging stablecoins, has partnered with Onafriq, Africa’s largest digital payments network, to enhance instant cross-border payments and treasury managementM-PESA Africa Chief Sitoyo Lopokoiyit Joins Absa Group
Absa Group has appointed Sitoyo Lopokoiyit, the outgoing Managing Director of M-PESA Africa, as Chief Executive of its Personal and Private Banking division.Paratus Group Launches 2,000km Fiber Corridor from Mombasa to Goma
Paratus Group, a pan-African telecommunications provider, has activated a new 2,000-kilometer protected fiber-optic route linking Kenya, Uganda, Rwanda, and eastern DRC.‘Go Digital or Die’, The New Rule for African Finance
Digital adoption across financial institutions in Africa is no longer a growth input but a survival necessity, according to the African Financial Industry Barometer 2025.South Africa Withdraws Peacekeeping Troops from the DRC
South Africa and China Explore Deeper Trade Ties
South Africa and China have signed a new economic framework that outlines areas for future trade and investment cooperation, including a proposed early harvest trade agreement.Afreximbank Commits US$ 8bn to its Newest Member South Africa
South Africa has acceded to the Establishment Agreement of the Afreximbank, becoming the multilateral lender's 54th member state.
Nigeria Targets Continental Fintech Dominance with New Regulatory Framework
The CBN’s strategy integrates innovation policy, financial inclusion, systemic risk oversight, and cross-border expansion into a single coordinated framework
