Airtel Money completed London admission as all 2.7 billion shares began trading
Airtel Money’s full share capital entered unconditional London trading on 14 October, completing admission of 2.7 billion shares after conditional dealings began five days earlier.
Absa appointed Eric Muriuki to lead pan-African digital growth ventures
Absa appointed former NCBA executive Eric Muriuki to a newly created pan-African growth and ventures role, with a spokesman confirming his mandate on 14 October.
Ghana's CalBank lifted nine-month profit 51% as net interest income strengthened
CalBank’s group profit after tax rose 50.6% to GH¢337.2 million over nine months, while net interest income increased 66.3% and impairment support fell sharply year-on-year.
Standard Bank agreed OPay investment tied to New York listing
Standard Bank Group signed a subscription agreement to invest in OPay, with closing tied to the fintech’s proposed New York listing and future African digital-banking cooperation subject to approvals.
Absa index found African financial markets improved as liquidity remained thin
Absa and OMFIF found that 21 of 29 African markets improved in 2026, lifting the average index score to a decade-high 56 even as trading liquidity remained constrained.
Uganda's central bank lifted reserves 56% and planned more gold purchases
Bank of Uganda said foreign-exchange reserves rose 56% to $6.7 billion in the year to June, while it plans to increase gold purchases during the 2026/27 financial year.
Kenya’s Court Rejected Stay Bid in Safaricom Stake Sale Dispute
Kenya’s Court of Appeal rejected government and Vodacom applications to stay the judgment voiding a KSh204.3 billion Safaricom stake sale, leaving restoration orders in force during the substantive appeal.
Kenyan banks posted strongest monthly loan flow in five years
Kenyan commercial banks disbursed KSh99.4 billion of new loans in September, while annual private-sector credit growth reached 10.6% and the non-performing-loan ratio fell to 13.9%.
Ecobank signed CIPS memorandum to strengthen Africa-China renminbi payments connectivity
Ecobank signed a memorandum with China's CIPS on 10 October to develop cross-border renminbi payment connectivity across the continent through its network spanning 34 African countries.
Côte d’Ivoire Treasury began regular bulk payments through BCEAO’s PI-SPI platform
Côte d’Ivoire’s Treasury began regular bulk payments through BCEAO’s PI-SPI platform, while the central bank said the seven other WAEMU treasuries would be integrated progressively.
Absa director Alpheus Mangale resigned from board and three committees
Absa said independent non-executive director Alpheus Mangale resigned on 8 October, leaving its board and three committees after serving as a director since July 2023.
Bank of Ghana proposed 100% liquidity coverage ratio for licensed banks
Bank of Ghana proposed a 100% liquidity coverage ratio for licensed banks, with comments due by 30 November and implementation scheduled for 1 September 2027.