$1b partnership to strengthen African banks’ trade finance capacity
Africa Finance Corporation (AFC) and Munich Re have signed a $1 billion risk-sharing programme to expand trade finance for African banks, aiming to ease liquidity constraints and support intra-African and international trade
10 African banks dominating the continent’s banking sector in 2026
The improvement also extended to assets, which increased 16% from $1.56 trillion to $1.8 trillion. The growth marks a sharp turnaround after several years when inflation, currency depreciation and weak economic growth weighed on African banks’ performance in dollar terms
European banks’ exit from Africa: growth opportunities and new risks
Though the withdrawal of European banks from Africa over the past decade is accelerating the rise of regional banks and creating growth opportunities, it also introduces new risks as successor institutions may face higher exposure to challenging operating environments and more limited access to hard-currency funding, says Fitch
African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) and Women Entrepreneurs Finance Initiative Convene Partners to Advance Financing for Women Entrepreneurs
The African Development Bank Group’s (https://www.AfDB.org ) Affirmative Finance Action for Women in Africa (AFAWA) kicked off a four-day learning event focused on practical ways to improve women entrepreneurs’ access to finance and other economic opportunities across Africa
S/Africa banks intensify Kenya expansion race as FirstRand weighs entry – Businessday NG
FirstRand is keeping its options open for a banking acquisition in Kenya as South Africa’s largest lenders intensify their race to build scale in East Africa’s biggest banking market
Dangote lists 40 approved banks, fintechs and mobile operators where investors can buy refinery IPO shares
The approved channels consist of 20 commercial banks, 17 financial technology firms, two mobile network operators, and NGX Invest
African banks in hot pursuit of Kenya’s profits face tough local rivals | CNBC Africa
NAIROBI/JOHANNESBURG, June 29 (Reuters) – African banks including Egypt’s Commercial International Bank (CIB), Nigeria’s Access Bank and South Africa’s Nedbank are seeking to expand in Kenya, but competition from the country’s entrenched domestic lenders is limiting their returns
Nigerian Govt Urges Banks to Prioritize Affordable Credit for MSMEs, – MSME
President Bola Tinubu has challenged Nigerian banks to shift their focus from financing government borrowing to providing affordable credit to businesses and productive sectors of the economy
EDITORIAL | Banks love Operation Vulindlela, but where is fixed investment?
Three of South Africa’s largest banks — Standard Bank, Absa, and Nedbank — have recently reported their results, with their domestic operations showing strong performance despite a sluggish economic performance
CIBN Urges Banks to Deploy Fresh Capital to MSMEs – MSME Africa
The Chartered Institute of Bankers of Nigeria, CIBN, has urged banks to deploy their stronger capital base towards financing micro, small and medium-scale enterprises, MSMEs, describing the sector as critical to Nigeria’s economic growth and job creation