Ecofin Agency - As global Islamic finance aims for $6 trillion in assets during this year, 2026, world-renowned expert Muhammad Zubair Mughal—CEO of...
The Africa Cup of Nations, underway in Morocco, is showcasing the payoff from grassroots investment and long-term vision. Comoros, Mozambique and Tanzania...
Everyday digital activities, from buying goods on foreign platforms to streaming series and following social media influencers, generate billions of...
The world’s top cashew producer since 2015, Côte d’Ivoire is relying on public incentives to draw private investment as it pushes to expand domestic...
Trump says US forces hit Islamic State fighters in Sokoto state Abuja confirms strikes but rejects claims of a religiously driven...
In Nigeria, as in much of Africa, weaknesses in the seed sector remain a major constraint on the productivity of staple crops such as rice and maize. As...
Africa accounts for approximately 60% of global solar potential, while announced solar projects across the continent total about 148 GW of planned...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border transfers and multiple financial services. The...
Cocoa futures hit two-year lows amid rising supply, weaker demand Market shifts into surplus after three consecutive deficit seasons High prices curb...
DRC plans first international bond, raising $750 million in April Issuance part of $1.5 billion foreign-currency program through...
Ogun commissions 5,000-bird-per-day poultry processing plant under World Bank project Kaduna plans $200 million poultry megaproject...
Nedbank submitted an offer to acquire about 66% of Kenya’s NCBA Group for $855 million as part of its East Africa expansion. The deal will...
Trump offers to revive U.S. mediation over Nile water sharing Plan aims to secure Egypt’s water flows and Ethiopia’s power generation GERD...
BRVM highlights resilience amid global uncertainty at 2025 annual briefing WAEMU growth hit 6.7%; record CFA 4.2 trillion raised, mainly sovereign...
Cyclones accounted for over half the losses on the continent, Munich Re reports, with less than 20% of the damages covered by insurance. Natural...
As global demand for green hydrogen grows more slowly than expected, African governments and developers are urged to move away from large-scale projects...
Financial cost of food waste seen rising from $526 billion in 2025 Meat, fresh produce, and ready-to-eat foods drive the largest losses Poor...
Africa accounts for approximately 60% of global solar potential, while announced solar projects across the continent total about 148 GW of planned capacity. Around 600 million people in Africa remain...
Cocoa futures hit two-year lows amid rising supply, weaker demand Market shifts into surplus after three consecutive deficit seasons High prices curb...
Africa’s trade deficit with China widened 64.5% to $102 billion in 2025 Chinese exports to Africa surged 25.8%, while imports rose...
Afrobarometer finds 37% banked adults, 60% use mobile money in Africa Account ownership varies widely by country, region, income, gender,...
Nedbank submitted an offer to acquire about 66% of Kenya’s NCBA Group for $855 million as part of its East Africa expansion. The deal will...
Ecofin Agency - As global Islamic finance aims for $6 trillion in assets during this year, 2026, world-renowned expert Muhammad Zubair Mughal—CEO of...
Ghana’s poverty rate declined from 24.9% to 21.9% in less than one year. More than 360,000 people exited multidimensional poverty in...
Africa’s trade deficit with China widened 64.5% to $102 billion in 2025 Chinese exports to Africa surged 25.8%, while imports rose...
Afrobarometer finds 37% banked adults, 60% use mobile money in Africa Account ownership varies widely by country, region, income, gender,...
Gates Foundation and OpenAI commit $50 million to implement AI solutions in 1,000 African health centers by 2028 under the “Horizon 1000”...
Kenya launches sale of 65% stake in Kenya Pipeline ahead of IPO Offering priced at 9 shillings, aiming to raise about $825 million IPO...
President Tinubu approved incentives limited to the Bonga South West oil project. The project targets output of up to 150,000 barrels per day. The government wants a final investment decision by...
InfraCredit guaranteed a naira-denominated debt issue for First Electric. The project will deploy 20 mesh-grid systems across three Nigerian states. More than 5,100 households and businesses are set...
Africa ran a $16.7 billion agricultural trade deficit in 2023. Five countries recorded net agricultural export surpluses over 2019–2023. South Africa and Côte d’Ivoire led the ranking by trade...
Cameroon posted the highest cotton yield in Africa at 1.54 tons per hectare. Yields were well above West Africa’s average and India’s output level. Uganda, Sudan, Egypt, and Benin complete the African...
The DRC plans to invest CFA14.5 billion to build cereal storage silos nationwide. A pilot silo with 5,000-ton capacity will be built in Kongo Central. The project aims to strengthen food security and...
The Gambia awarded Ghana’s Margins ID Group a contract for its national digital ID system Digital IDs support governance and service delivery, but adult ID coverage remains below 70% in much of...
Africa accounts for approximately 60% of global solar potential, while announced solar projects across the continent total about 148 GW of planned capacity. Around 600 million people in Africa remain...
Kenya’s competition authority approved Zenith Bank’s takeover of Paramount Bank. The deal would give Zenith its first foothold in the Kenyan banking market. Paramount Bank ranks among Kenya’s smallest...
Ghana’s poverty rate declined from 24.9% to 21.9% in less than one year. More than 360,000 people exited multidimensional poverty in Q3 2025. Rural areas and northern regions remain the most...
Tourist arrivals to Africa rose 8% in 2025, the highest global increase. The continent welcomed 81 million international tourists during the year. Global tourism arrivals rose 4% to 1.52...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border transfers and multiple financial services. The initiative targets formalization of remittances and...
Algeria and Italy signed university partnerships to strengthen research, entrepreneurship, and academic mobility between the two countries. The agreements involve Algerian institutions including...
TVS Motors is in discussions to build its first African motorcycle and tricycle manufacturing plant in Egypt, according to the Egyptian Investment Ministry. The project aims to create Africa’s...
Tanzania plans to commission the MV Mwanza ferry on January 23, 2026, enhancing regional connectivity and supporting cross-border trade. The vessel can carry 1,200 passengers, 400 tons of cargo,...
Camtel secured $80.3 million (44.884 billion FCFA) in syndicated financing from Commercial Bank Cameroon to fund the first phase of its Mobile Network Expansion (MNE) project. The MNE aims...
BEN–Valio partner for an exclusive AI licensing deal in Africa to deliver sovereignty-aligned, compliant AI solutions. Initiatives like AfricAI (Next Digital, Lakeba, AqlanX, Agentic Dynamic),...
Corr-Serve became the sole distributor of Seceon’s AI-driven cybersecurity solutions in Southern Africa, with South Africa as the rollout hub for SADC. Africa’s digital growth (57% urban internet...
Deloitte expects ransomware and phishing attacks to intensify in Nigeria in 2026 as services and data move online. Nigeria ranked third in Africa for phishing cases in 2024, with 3,459 incidents...
The African Development Bank approved a $16.5 million loan to support the 35-MW OrPower Twenty-Two geothermal project in Kenya. The Menengai geothermal field will reach 105 MW in its first...
West Wits Mining raised A$33.74 million ($23 million) to advance the Qala Shallows gold project in South Africa. The company expects the first gold pour in March 2026, positioning Qala Shallows...
Star Oil Limited suspended its membership in Ghana’s Chamber of Oil Marketing Companies over disagreements on fuel price floor communication. The company said COMAC failed to reflect its position...
DR Congo plans to tighten controls on mining exports to boost revenue collection, according to an IMF report published in January 2026. Authorities aim to improve measurements of export volumes,...
Kenya plans to cut value-added tax on agricultural inputs to 8% under the 2026 finance bill to lower production costs. The government plans to remove excise duties and export promotion taxes on...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitization fund admitted to the exchange. Sonabhy raised more than CFA34 billion ($60.8 million),...
Izili acquired off-grid solar firm Qotto, active in Benin and Burkina Faso. The group secured $5 million in convertible bonds to support growth. The deal strengthens Izili’s off-grid...
Nigeria approved the immediate launch of the Ogun State deep-sea port project. Authorities designed the port to ease congestion at Lagos ports. The project may align with Aliko Dangote’s...
Benin raised $500 million through its first international sovereign sukuk. The state also reopened its 2038 eurobond for $350 million. Total investor demand exceeded $7...
DR Congo extended temporary import restrictions on selected goods for another 12 months. Authorities aim to cut the import bill and support domestic manufacturing under the “Made in Congo”...
Burkina Faso inaugurated two government mini-datacenters costing $28.6 million. Authorities aim to keep public and private data hosted inside the country under a digital sovereignty...
Lualaba province signed 16 memorandums of understanding with Emirati companies covering sectors including mining, agriculture, and infrastructure. Authorities have not disclosed the identities of...
AfDB approves $150 million financing for Mozambique’s Coral Norte gas project Funding supports $7.2 billion offshore LNG development led by Eni Project targets 7 million tonnes annual...
Côte d’Ivoire, Benin agencies sign MoU to boost cross-border investment Deal covers information sharing, project support and business matchmaking Both economies post strong growth and improved...
Talks held with Tanzania’s Kiluwa Group on local production Growing mechanization boosts demand for tractors and farm equipment Belarusian agricultural machinery maker Minsk Tractor Works (MTZ) is...
Cameroon plans 150 billion CFA franc bond on Bvmac in 2026 Issuance depends on market conditions after past cancellations Cameroon remains one of Bvmac’s largest sovereign borrowers Cameroon plans...
Sasol restarted Louisiana plastics plant after extended late-2025 shutdown Facility is part of $12-13 billion Lake Charles Chemicals Project Lake Charles remains strategic to Sasol’s...
Cocoa futures hit two-year lows amid rising supply, weaker demand Market shifts into surplus after three consecutive deficit seasons High prices curb consumption despite increased output in West...
Burundi launched e-KORI digital platform for online tax filing, payments Project aims to boost domestic revenue, reduce reliance on foreign aid World Bank-backed rollout targets compliance, governance...
DRC scrapped fuel tax exemptions, sharply boosting oil-related state revenue Monthly revenue jumped nearly 1,700% after reforms began July 2025 Customs collections exceeded targets, reaching 109% of...
Zimbabwe to deploy 8,000 Starlink kits to schools nationwide Program targets remote areas, aiming to narrow digital education gap Rollout complements Project Giga school connectivity...
River navigation between Egypt and Sudan resumed after six-year suspension Route halted since 2019 due to costs, technical issues, later Sudan war Resumption expected to boost trade and...
Africa’s trade deficit with China widened 64.5% to $102 billion in 2025 Chinese exports to Africa surged 25.8%, while imports rose modestly Structural trade imbalances persist despite...
Guinea Insurance plans 5.8 billion naira rights issue to boost capital Offer seeks NGX approval; two new shares for every three held Fundraising targets NAICOM recapitalisation after profit...
DRC plans first international bond, raising $750 million in April Issuance part of $1.5 billion foreign-currency program through 2026 Government cites low debt, strong growth to...
Resolute Mining plans to invest $170–190 million in 2026 to start building the Doropo mine. The project could produce 170,000 ounces of gold a year for 13 years. Doropo is expected to...
Rwanda received 10 Holstein-Friesian dairy bulls from Germany, with 20 more due by April 2026. The imports are part of a $100 million IFAD-funded dairy project running from 2024 to...
Guinea-Bissau scheduled both legislative and presidential elections for December 6, 2026 by presidential decree. The transition government said conditions for “free, fair and transparent” elections...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale director Tricia Tuttle described the 2026 edition as...
Eni agreed to sell a 10% stake in the Baleine project to Azerbaijan’s state oil company SOCAR, subject to regulatory approval. The deal leaves Eni as operator with 37.25%, alongside Vitol and Petroci,...
South Sudan approved more than $9 billion to build a national fiber-optic backbone. Authorities created a supervisory committee to tighten governance of digital gateways and data centers. The...
Emmerson Plc launched the initial phase of arbitration against Morocco over the Khemisset potash project. The $525 million project stalled after Morocco rejected its environmental permit over...
Mauritius Telecom launches its 2026-2029 strategy to position Mauritius as a digital bridge between Africa and Asia. The plan centers on four corridors: Connectivity, Financial, AI & Compute, and...
Naos Investimenti plans to expand into Togo to support SME and informal-sector financing. The Italian firm discussed market entry with Togo’s Chamber of Commerce in Lomé. The project targets liquidity...
Togo expects external project grants to fall from CFA166.9 billion in 2026 to CFA31.6 billion by 2028. The government projects fiscal revenues to rise steadily, partially offsetting the drop in...
Minister confirms the 2025 MoU is on track with land secured, moving Ghana from EV importer to a regional production hub. Success relies on a 100k km fiber network and a smart grid to maintain...
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to earnings and the ability to reinvest. Africa’s fintech sector is expanding rapidly (38% CAGR...
Orange Côte d’Ivoire, with Eutelsat, introduced satellite internet to reach rural and underserved areas. Orange Sat joins Starlink, OneWeb, and other telco–satellite partnerships expanding...
In WAEMU, basic mobile coverage lifts village prices toward city levels—about 10–12% higher near towers—as markets finally connect. Households buy more, more often. With mobile money, food...
Ogun commissions 5,000-bird-per-day poultry processing plant under World Bank project Kaduna plans $200 million poultry megaproject targeting jobs, exports, agribusiness scale Federal...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitization fund admitted to the exchange. Sonabhy...
Kenya’s competition authority approved Zenith Bank’s takeover of Paramount Bank. The deal would give Zenith its first foothold in the Kenyan banking...
Benin raised $500 million through its first international sovereign sukuk. The state also reopened its 2038 eurobond for $350...
Cameroon plans 150 billion CFA franc bond on Bvmac in 2026 Issuance depends on market conditions after past cancellations Cameroon remains one of...
Burundi launched e-KORI digital platform for online tax filing, payments Project aims to boost domestic revenue, reduce reliance on foreign aid World...
Minister confirms the 2025 MoU is on track with land secured, moving Ghana from EV importer to a regional production hub. Success relies on a...
OPRAG, AOM Global to design, finance, operate terminal over 24 months Project aims to modernise ferry travel, boost safety, support sector...
Flooding has damaged more than 5,000 km of roads across nine provinces A key highway linking Maputo to the rest of the country is currently...
TVS Motors is in discussions to build its first African motorcycle and tricycle manufacturing plant in Egypt, according to the Egyptian Investment...
Tanzania plans to commission the MV Mwanza ferry on January 23, 2026, enhancing regional connectivity and supporting cross-border trade. The...
Nigeria approved the immediate launch of the Ogun State deep-sea port project. Authorities designed the port to ease congestion at Lagos...
KeNHA plans three highways totaling 403 km across six Rift Valley counties Projects aim to strengthen logistics links between South and North...
Angola will start construction of a 65-kilometer bypass road in Huambo province in May 2026. The project will connect national roads 270 and 120 to...
Africa ran a $16.7 billion agricultural trade deficit in 2023. Five countries recorded net agricultural export surpluses over 2019–2023. South...
Cameroon posted the highest cotton yield in Africa at 1.54 tons per hectare. Yields were well above West Africa’s average and India’s output...
The DRC plans to invest CFA14.5 billion to build cereal storage silos nationwide. A pilot silo with 5,000-ton capacity will be built in Kongo...
Kenya plans to cut value-added tax on agricultural inputs to 8% under the 2026 finance bill to lower production costs. The government plans to...
Talks held with Tanzania’s Kiluwa Group on local production Growing mechanization boosts demand for tractors and farm equipment Belarusian...
Rwanda received 10 Holstein-Friesian dairy bulls from Germany, with 20 more due by April 2026. The imports are part of a $100 million IFAD-funded...
Fodecc plans CFA4 billion in subsidies for cocoa and coffee producers Funds aim to boost yields and address pests and planting...
Export revenues reached a record $11.5 billion in 2025 Export volumes rose 9% to 9.5 million tons Egypt gained access to 25 new export markets...
InfraCredit guaranteed a naira-denominated debt issue for First Electric. The project will deploy 20 mesh-grid systems across three Nigerian...
West Wits Mining raised A$33.74 million ($23 million) to advance the Qala Shallows gold project in South Africa. The company expects the first...
Star Oil Limited suspended its membership in Ghana’s Chamber of Oil Marketing Companies over disagreements on fuel price floor communication. The...
The African Development Bank approved a $16.5 million loan to support the 35-MW OrPower Twenty-Two geothermal project in Kenya. The...
President Tinubu approved incentives limited to the Bonga South West oil project. The project targets output of up to 150,000 barrels per day. The...
DR Congo plans to tighten controls on mining exports to boost revenue collection, according to an IMF report published in January...
Izili acquired off-grid solar firm Qotto, active in Benin and Burkina Faso. The group secured $5 million in convertible bonds to support...
AfDB approves $150 million financing for Mozambique’s Coral Norte gas project Funding supports $7.2 billion offshore LNG development led by...
The Gambia awarded Ghana’s Margins ID Group a contract for its national digital ID system Digital IDs support governance and service delivery, but...
BEN–Valio partner for an exclusive AI licensing deal in Africa to deliver sovereignty-aligned, compliant AI solutions. Initiatives like AfricAI...
Corr-Serve became the sole distributor of Seceon’s AI-driven cybersecurity solutions in Southern Africa, with South Africa as the rollout hub for...
Deloitte expects ransomware and phishing attacks to intensify in Nigeria in 2026 as services and data move online. Nigeria ranked third in Africa...
Burkina Faso inaugurated two government mini-datacenters costing $28.6 million. Authorities aim to keep public and private data hosted...
Zimbabwe to deploy 8,000 Starlink kits to schools nationwide Program targets remote areas, aiming to narrow digital education gap Rollout...
NEWSWIRE
Algeria and Italy signed university partnerships to strengthen research, entrepreneurship, and academic mobility between the two countries. The...
River navigation between Egypt and Sudan resumed after six-year suspension Route halted since 2019 due to costs, technical issues, later Sudan...
Nigeria unveils reforms to reposition polytechnics as innovation, skills hubs Government to amend Polytechnics Act, allow degree awards, boost...
Mali signs 19 agreements to launch FIER 2 rural youth employment project IFAD-backed programme targets training, financing, 14,000...
Cloud engineers design, secure, and optimize critical digital infrastructure Strong demand supports high salaries globally and growing opportunities in...
NEWSWIRE
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Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
18:08
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Nigeria taps local capital for off-grid power with InfraCredit-backed bond
17:48
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Africa’s agri trade deficit persists as only five countries export more than they import
17:32
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Cameroon tops Africa’s cotton yields, outperforming West African producers
16:55
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Togo Launches First Comedy Training School in Aného
19:11
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Togo Delivers Electric Vehicles To Environment Ministry, Golfe 3 Municipality
17:51
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Togo Tax Authority Briefs Businesses On Key 2026 Budget Measures
17:32
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Government, Business Leaders Map Power Sector Fix to Lift Industrial Output
16:42
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At Brazzaville Summit: CEMAC Pushes Debt Discipline and Import Substitution to Secure CFA Stability
16:41
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Cameroon Greenlights FCFA 16.5bn Budget to Power Rural Livestock and Fish Value Chains
16:39
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
The Vodun Days are a major cultural event held in Benin to celebrate, promote, and raise awareness of vodun, an ancestral religion deeply rooted in the...
