Egypt plans to finalize a new debt-swap agreement with European partners before the end of 2025. The deal aims to convert part of Egypt’s external debt...
The government seeks to reclaim CFA803 billion in unpaid taxes from 2023–2024. The campaign follows an audit by a task force reviewing domestic and...
CDC-CI Capital invested CFA350 million ($620,500) in Ivorian e-health startup Ades to support its growth. The funds will finance medical equipment...
• Norfund invests $15M in Ghana’s B5 Plus steel group• Funds to upgrade steel plant, build 16MW solar facility• Project to cut emissions, boost...
Africa Reinsurance Corporation (Africa Re) inaugurated a new contact office in Kinshasa, Democratic Republic of Congo, on Thursday, October 9, 2025. The...
BOAD approves $105.6M for new diesel desulfurization plant in Abidjan Project to cut sulfur emissions 75%, meet ECOWAS fuel...
• Presco plans $162M rights issue to raise capital• 166.6M shares offered at ₦1,420 each to shareholders• Funds to expand palm oil output, cut...
• Parliament approves Virtual Asset Service Providers Bill 2025 to regulate digital assets• Central Bank and Capital Markets Authority to share oversight...
• Ethiopia’s $1bn bond talks collapse, prolonging its default and potentially blocking access to markets despite G20 and IMF-backed reforms.•...
• AgDevCo provides a $10 million senior debt loan to Hybrid Poultry to build a modern abattoir.• The project is expected to create 270 new direct...
• The European Investment Bank (EIB) and the European Commission will provide a blended financing package worth up to €95 million ($110 million) to...
French infrastructure fund STOA has made a $27 million equity investment in Atlas Tower Kenya (ATK) to fund the company's expansion and a...
The West African Development Bank held the first board meeting of its new foundation. Two thematic funds will target emergency solidarity and...
• BOAD approved two refinancing lines totaling CFA25 billion ($44.2 million).• BGFI Bank Côte d’Ivoire will receive CFA10 billion to support the...
• Senegal raised CFA450 billion ($796 million) in its third public bond issue of 2025, one day after Moody’s downgraded its sovereign rating from B3 to...
• Konoom gains Chad's first local payment institution license• License allows mobile payments, not deposits or credit• Move boosts competition, supports...
COMESA launches local-currency digital payment platform DRPP DRPP enables cross-border trade without using U.S. dollars Aims to cut costs, boost SME...
• Faso Films Fund aims to finance local and diaspora cinema projects• Initiative managed by the Burkinabè Film and Audiovisual Agency (ABCA)• Program...
• Companies with annual revenue above CFA5 billion ($8.8 million) will be required to build headquarters in Burkina Faso.• Firms will have six months to...
• Côte d’Ivoire reduced its budget deficit from 6.8% of GDP in 2022 to 4% in 2024, according to the World Bank.• The government targets a deficit of 3% of...
Risma acquires Radisson Blu Marrakech and mall for $57.2M Deal boosts Risma’s presence in key tourist hub, Marrakech Move aligns with...
The Cameroonian national, who holds the title of Fellow Chartered Certified Accountant (FCCA), will play a key role in the group’s strategic and...
AfDB President Sidi Ould Tah urges swift ratification of the FAD charter to enable market borrowing and expand Africa’s financing capacity. The...
LemFi launches “Send Now, Pay Later” remittance credit in UK AI-driven platform offers £300–£1,000 credit to underserved users Expansion...
• QNB gets license to launch digital bank “ezbank” in Egypt• Move supports financial inclusion, targets Egypt’s unbanked population• Mobile-first platform...
• Kestrel Capital management completes buyout, forms Theo Capital Holdings• CEO Mwangi to lead digital expansion, regional market access• Firm to digitize...
Patoki appointed Economy Minister in Togo’s key cabinet reshuffle Ministry split aims to boost planning, tackle economic risks New role...
The Central African Republic became the 46th member of the Africa Finance Corporation (AFC). The partnership aims to boost investment in energy,...
IFC will provide up to $40 million to Banque Islamique du Sénégal (BIS) under a Mourabaha agreement, its first Islamic finance deal in Sub-Saharan...
Citibank Nigeria raised its capital to 200 billion naira ($136 million), meeting new CBN requirements five months before the March 2026...
Kenya’s public debt rose to 11.81 trillion shillings ($91.3 billion), or 67.8% of GDP, in June 2025, up from 63% in 2024. The government spent...
• Togo’s non-performing loans rose 7.5% in July 2025• Year-on-year NPLs and ratio still show slight improvement• Bank provisions fall, raising questions...
President Bola Tinubu requested parliamentary approval to raise $2.8 billion, including Nigeria’s first $500 million international...
African sovereign bonds gain 20.45% YTD, driving renewed investor demand and improved Eurobond market conditions. Key performers Ghana, Zambia, and...
Ecofin Agency has entered into a strategic partnership with La Tribune Afrique under which it will handle both daily editorial production and advertising...

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Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to info...

With 40% of Its Cocoa Traceable, Côte d’Ivoire Faces a Race to Meet New E.U. Standards
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• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...

AfDB, BOAD join forces to expand financing for West Africa projects
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