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East Africa
African Development Finance Transactions 2026: YTD Review
Absa Eyes Merchant Bank Licence in Nigeria to Diversify Africa Footprint
AfDB, Italy’s CDP Commit $35 Million to North Africa Growth Fund
AfCFTA Signs $3.1 Billion, 20-Year Deal to Modernize African Customs
Absa Sells Controlling Stakes in Kenyan Insurers to Mudavadi-Linked Firm in Africa Retreat
Nigerian Defence Tech Company Terra Industries Raises $18m to Take Seed Round to $52m
Emzor Pharma Funding SPV Raises ₦26.7 Billion in Bond Sale to Refinance Debt and Fund Africa’s First Antimalarial API Plant
Dangote Sugar Raises $358 Million in Oversubscribed Rights Issue
Africa Finance Corporation leads $2.5 billion private placement for Dangote Petroleum Refinery
Jumia Raises $50 Million in Equity Funding Led by World Bank’s IFC
Lagos Commodities and Futures Exchange gets NMDPRA licence to trade, clear petroleum liquiq
zimbabwe
Old Mutual Ends Six-Year Zimbabwe Trading Freeze With VFEX Listing
AFC Raises $430 Million in Landmark Digital Bond
Andersen Global Teams Up With South Africa’s Beech to Bolster Mining and Energy Practice
Fortuna Mining acquires Bambadji gold project in Senegal for US$200 million
Afrexim to Lead Search for New Core Investor in Kaduna Electricity After NERC Board Reset Amid ₦456.5 Billion Debts
Beta Glass appoints FMN ‘Boye Olusanya as Board Chairman
AfreximBank Raises Record $1.5 Billion in First Dollar Bond Since 2021
Afdb Invests $332 Million in Standard Bank Social Bond
Nestlé Nigeria to Transfer Waters Business into $5.6bn Global Joint Venture with Platinum Equity
AVA Capital Plc Admitted to NGX Main Board Through Listing by Introduction
Seplat Energy to Sell 10% JV Stake to NNPC Ltd for $281 Million
Angola
Angola Raises $327 Million in Record Unitel IPO as Telecom Giant Lists on BODIVA
IFC Eyes Fresh Financing for Indorama’s Fourth Fertilizer Line in Nigeria
Femi Otedola Deepens Control of First HoldCo With Fresh ₦222 Billion Share Purchase, Stake Hits $1 Billion
S&P Global to Acquire Majority Stake in Nigeria’s First Credit Rating Agency Agusto & Co.
Editor's Pick: Why London, Not Dubai: Dangote’s Listing Choice Dangote’s Listing Choice Fits a Broader Nigerian Fits a Broader Nigerian Pattern
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Top Deals
Dangote Sugar Raises $358 Million in Oversubscribed Rights Issue
August 16, 2026
Jumia Raises $50 Million in Equity Funding Led by World Bank’s IFC
August 14, 2026
Absa Eyes Merchant Bank Licence in Nigeria to Diversify Africa Footprint
August 19, 2026
Opay Eyes $4b Valuation as it Plans US IPO, Hires Citi, Deutsche, JPMorgan
May 01, 2026
Lagos Commodities and Futures Exchange gets NMDPRA licence to trade, clear petroleum liquiq
August 14, 2026
AfDB, Italy’s CDP Commit $35 Million to North Africa Growth Fund
August 18, 2026
African Development Bank Approves US$110 Million for Ethiopia's First Independent Wind Power Project
July 16, 2026
Old Mutual Ends Six-Year Zimbabwe Trading Freeze With VFEX Listing
August 14, 2026
Fortuna Mining acquires Bambadji gold project in Senegal for US$200 million
August 12, 2026
African Development Bank Approves US$878 Million for Second Phase of Algeria's Laghouat–Ghardaïa–El Meniaa Railway Project
July 15, 2026
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