African development banks set to expand lending as capital buffers rise, S&P says

S&P Global Ratings said African regional development creditors are poised to expand lending to fill national financing gaps, ...
Global Finance

African Energy Bank’s Launch Hampered By Funding Problems

Oil-producing African countries, operating under the aegis of the African Petroleum Producers Organization (APPO), have set up an African Energy Bank (AEB) with an initial capitalization of $5 billion ...
TechCrunch

African digital bank Tyme raises $250M round led by Nubank at $1.5B valuation

Tyme Group, a South African fintech, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Nu Holdings, which owns Latin America’s most valuable ...
Bloomberg L.P.

Capitec Beats FirstRand to Become Most Valuable African Bank

Capitec Bank Holdings Ltd. overtook FirstRand Ltd. to become Africa’s most valuable bank, a month after it appointed a new chief executive officer. South Africa’s biggest bank by customer numbers, ...