Macro & Markets
Sovereign debt, central bank monetary policy, foreign exchange (FX) movements, inflation dynamics, and broad economic indicators shaping capital allocation and investment strategies across African economies.
Psyence BioMed Completes $2.6M Investment in PsyLabs Following Ibogaine Milestone Approvals
The Nasdaq-listed biotech exercises a $2.6 million backstop commitment to raise its stake in natural API developer PsyLabs to 43.37%, securing African-sourced pharmaceutical-grade ibogaine supply for U.S. clinical trials.
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UK Government’s FCDO Commits $15M via MOBILIST to Anchor Quickmart’s IPO
The UK public investment programme acquires 260 million shares in the Kenyan retailer, joining the International Finance Corporation to anchor the country’s largest retail public listing on the NSE.
Psyence BioMed Completes $2.6M Investment in PsyLabs Following Ibogaine Milestone Approvals
The Nasdaq-listed biotech exercises a $2.6 million backstop commitment to raise its stake in natural API developer PsyLabs to 43.37%, securing African-sourced pharmaceutical-grade ibogaine supply for U.S. clinical trials.
Beltone Asset Management Launches $10.2M Active IPO Fund
The flagship fund from Egypt's largest non-bank asset manager achieves full subscription of its initial private tranche within one day to capture government privatization listings, corporate rights issuances, and recent EGX equities.
BPM Investments Increases Stake in Andrada Mining Following £577,845 Convertible Debt Conversion
The major shareholder raises its holding to 3.66% in the London-listed critical metals producer after converting five loan notes, reducing Andrada’s outstanding note facility principal by £500,000.
Vista Group Holding Launches Vista Bank France with €50M Capital
The Lilium Capital-backed financial conglomerate opens its Paris subsidiary to provide correspondent banking, trade finance, and corporate banking solutions linking West African markets with European capital.
Fairvest Raises $76M for South African Commuter Malls
The JSE-listed retail REIT more than doubles its initial R500M equity target following strong institutional demand, deploying proceeds toward commuter-hub shopping centers and township fiber infrastructure.
Korra Energi CEO Trims Stake in EGP 205M Secondary Sale to Fund Participation in EGP 405M Rights Issue
Ayman Korra trims individual holding to 73.48% in a block transaction executed by Wilzy Securities, aligning liquidity ahead of an EGP 405 million rights issue expansion.
EPC Groupe’s Senegalese Unit Secures €50M Blasting Services Contract for Endeavour’s Sabodala Gold Mine
EPC Mineex Sénégal signs a 5-year integrated mining services agreement with Sabodala Gold Operations to supply 45,000 tons of explosives and introduce automated underground charging technology in Senegal.
J.P. Morgan Plans Full Merchant Banking Debut in Nigeria by Year-End 2026
The Wall Street banking giant seeks regulatory clearance from the Central Bank of Nigeria to establish a licensed merchant banking arm to deepen its corporate finance, capital markets, and cross-border advisory footprint.
Standard Bank Secures ~$185M Private Placement in OPay Ahead of NYSE Debut
Africa's largest lender by assets agrees to acquire up to a 4.99% equity stake in the SoftBank-backed Nigerian fintech platform as part of a strategic partnership spanning digital banking and cross-border commercial distribution.
Egypt’s First Fintech Unicorn MNT-Halan Files to List 20% Stake in $1.4 Billion Cairo IPO
Parent entity MNT Tech Holding plans to float 320 million shares on the Egyptian Exchange, testing international institutional appetite for North Africa's largest non-bank lending platform.