
Nigeria Accounts for $131bn of Africa's $209bn Business Financing Gap
A study by BII and Swedfund found a $209 billion financing gap for Black-owned businesses across five African economies, with Nigeria accounting for $131 billion.
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A study by BII and Swedfund found a $209 billion financing gap for Black-owned businesses across five African economies, with Nigeria accounting for $131 billion.

Nigerian startups attracted about $254 million in the first half of 2026, the first time funding has crossed the $250 million mark since 2022, as the country reclaimed its position as Africa's leading destination for startup equity.

Africa's largest economy posted a record quarterly trade surplus in the second quarter of 2026 as exports outpaced imports, with non-crude receipts now accounting for more than half of outbound trade.

Ethiopia has joined the list of investors in Dangote Petroleum Refinery's initial public offering, broadening the deal's pan-African appeal.

Dangote Petroleum Refinery has pushed the close of its $1.6 billion IPO to October 27, giving investors more time to subscribe to Africa's biggest listing.

Airtel Money has debuted on the London Stock Exchange in one of the largest African listings in years, with a planned secondary listing in Lagos.
Conditional trading began on 9 October, with full admission expected on 14 October as Airtel Africa retains its strategic holding.
Candidates must hold, or be on track to hold, a Bachelor's, Master's or PhD degree from a four-year U.S.-accredited university or meet...
Earlier in April, it approved another $266.7m plus CFA30bn for projects across Nigeria, Ghana, Senegal, Côte d’Ivoire and The Gambia. In...

ECOWAS says the region has 28 shared river basins covering about 71% of its land area, with nearly every country sharing at ...
March trade flows marked a structural shift for a country that spent decades importing petrol despite being one of Africa's largest crude producers.