Nigeria, South Africa dominate $300 billion global stablecoin market
A new Stablecoin Utility Report by YouGov, conducted in partnership with BVNK, Coinbase, and Artemis, surveyed more than 4,650 respondents across 15 countries who either hold or plan to hold cryptocurrencies
Qatar’s $30 billion investment could transform a very remote, pristine coastline in Africa into a world-class city
The initial phase of the Alam El-Roum development is expected to cost around EGP220 billion ($4.5 billion), with a total value of roughly $29.5 billion
Zimbabwe’s remittances rise to $2.45 billion as the UK becomes its biggest source market
Zimbabwe’s diaspora sent home $2.45 billion in 2025, with the United Kingdom overtaking South Africa as the country’s largest
Dangote’s planned $5 billion refinery IPO in Nigeria could be followed by a listing in Africa’s richest country
Africa’s largest stock exchange is positioning itself to host a secondary listing of Dangote Petroleum Refinery, as interest grows across the continent ahead of what could become one of Africa’s biggest initial public offerings
Chinese firm behind Nigeria’s $1 billion cement takeover lands another $807 million deal in Asia
The latest transaction comes shortly after Huaxin formally entered Nigeria’s cement industry by completing its acquisition of Holcim’s 83.81% stake in Lafarge Africa, a move that positioned the Chinese company as a direct competitor to industry leaders Dangote Cement and BUA Cement in one of Africa’s largest construction markets
Ethiopia’s $12.5 billion airport has become the latest investment battleground between the U.S. and China in Africa
Chinese state-owned firms are already among the contenders for major construction contracts on the four-runway airport, adding to Beijing’s long-standing dominance in Ethiopia’s infrastructure sector through investments in railways, industrial parks and transport networks
India-Africa trade tops $100 billion as business leaders push for stronger investment links
India-Africa trade tops $100 billion as business leaders push for stronger investment links Tuesday 28/July/2026 10:31 AM By: Agencies
Nigeria’s $114 billion stock market extends rally as trading activity plunges
The benchmark All-Share Index rose 0.36% to close at 243,158.97, lifting its year-to-date return to 56.26%. The index is now up 7.72% over the past week and 20.55% in the last four weeks, underscoring one of the strongest equity runs globally so far this year
CBN Targets N600 Billion in Treasury Bills Auction – MSME Africa
The Central Bank of Nigeria (CBN) is targeting to raise N600 billion through a Nigerian Treasury Bills (NTB) auction scheduled for Wednesday, July 15, 2026, as part of its third-quarter borrowing programme
South Africa targets $607 billion investment surge with biggest finance reform in decades
The government has proposed a sweeping overhaul of capital flow regulations, aiming to attract trillions of rand in fresh investment, strengthen Johannesburg’s role as Africa’s top financial centre and make it easier for global investors to deploy money into the continent’s most advanced economy