The bigger of Africa’s two multi-country bourses is expanding its product offering as it seeks to deepen its capital markets, broaden its investor base and boost trading volumes.

Morocco overtook South Africa to become the continent’s fourth-most attractive investment destination as years of industrialization and faster growth propelled it ahead of the region’s biggest economy, FirstRand Ltd.’s Rand Merchant Bank said.

Shoprite Holdings Ltd. is said to be in talks with Investec about a partnership as Africa’s largest grocer seeks to expand the financial services it offers millions of customers, according to people familiar with the matter.

South Africa stands a good chance of regaining its investment-grade credit rating within two years and next week’s mid-term budget could take another step toward that goal, according to Investec Wealth & Investment International.

Court rulings on some of South Africa’s most contested laws could improve business sentiment after years of policy uncertainty, according to the head of one of the nation’s biggest wealth and money-management firms.

South Africa is heading in the right direction for its first credit-rating upgrade by Moody’s Ratings since 2009, provided the country’s fiscal performance continues to improve.

Ecobank Transnational Inc. is stepping up efforts to facilitate direct yuan payments for clients trading with China as the pan-African lender seeks to boost ties with the continent’s biggest trading partner and reduce reliance on the dollar.

Sanlam Ltd.’s $1.2 billion bid to take full ownership of Santam Ltd. will give Africa’s top insurer more freedom to deploy capital across the continent, India and the Lloyd’s of London market, the latest step in an expansion that will soon include banking.

Capitec Ltd. is bracing for a tougher operating environment as the Iran war stokes inflationary pressures and weighs on the confidence of clients at South Africa’s biggest lender by customers.

The fight for banking clients is hotting up in South Africa as the newest entrant works to become the preferred lender in a key sector of the continent’s biggest economy.

South Africa’s financial regulator will await the findings of a study by the world’s top standards-settings body before setting up new rules for on artificial intelligence the country, it said.

A firm linked to billionaire Patrice Motsepe is consolidating control of Alexander Forbes Group Holdings Ltd. through a deal that will see US financial-services giant Prudential Financial Inc. exit its investment in South Africa’s biggest standalone retirement-fund administrator.

Momentum Group Ltd. is seeking to buy businesses as the South African investment and medical-insurance company looks to boost the number of financial advisers and drive sales.

Amundi SA, Europe’s largest asset manager, is looking for opportunities in global bond markets after the recent selloff, and is buying two-year US Treasuries to protect against the risk of economic growth slowing due to elevated oil prices.

The fight for banking customers in Africa’s biggest economy is set to heat up even further as the continent’s biggest insurer prepares to venture into the space by the first quarter of 2027.

Africa’s most valuable bank is pushing to wrap up the sale of its Aldermore Group Plc unit in the UK around the end of the year after a costly regulatory crackdown on car financing.

Profit at Old Mutual declined for the first time since 2022 as risk-off sentiment from conflicts in the Middle East curbed investment returns at the Africa’s biggest insurer by assets.

Discovery Ltd.’s full-year earnings rose as South Africa’s largest health-insurance administrator benefited from years of strategic investment and as profit from its banking division climbed.

Standard Bank Group Ltd.’s Kenyan unit plans to double its retail footprint across the East African nation in three years as the continent’s biggest lender seeks to capture more clients and revenue.

South Africa’s finance regulator imposed record penalties as it sought to deter misconduct and boost trust in the industry.