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Top Financial Afrik News

Money · LisbonPortuguese police on Sunday said they had arrested a foreigner who had arrived from military-run Guinea-Bissau for suspected smuggling and money laundering, as local media reported he was a close ally of the African nation's deposed president.
The Judicial Police said in a statement that the operation at Lisbon's Figo Maduro military airport early Sunday morning had found around five million euros ($5.9 million) in cash in the detainee's luggage…See the Story
Portugal Detains Ally of exGuinea-Bissau Leader
50% Right coverage: 4 sources

Infrastructure · NairobiBy Suleman Chitera Nairobi, Kenya – 15 December 2025: Shelter Afrique Development Bank (ShafDB), the Pan-African Multilateral Development Bank (MDB) dedicated to promoting and financing housing, urban development and related infrastructure, has announced the election of Mr. Lionel Zinsou as Chairman of the Board of Directors and Mr. Said Athman Mtwana as Vice Chairman. The elections were concluded during the 149th Meeting of the Board of Directo…See the Story
