News

Cameroon authorized $1.039B in external borrowing from international private lenders to fund projects and clear arrears. The financing is part of a $1.67B package for 2025, split between commercial ...
Africa’s private equity market is shifting as exits increasingly involve sales between funds rather than IPOs or strategic buyers. • Q2 2025 saw 147 transactions, with mega deals rebounding, but ...
Algeria and Occidental Petroleum signed study agreements on El Ouabed and Dahar. • The studies will assess hydrocarbon potential before any direct exploitation. • Hydrocarbons account for 83% of ...
Tanzania and Burundi begin construction of a $2.15 billion cross-border railway. • The 240 km line will cut Dar es Salaam–Bujumbura cargo trips from 96 to 20 hours. • Project seen as strategic for ...
Africa lacks government control, study says • Sahel worst affected; JNIM blamed for 83% of deaths • Burkina Faso accounts for 55% of Sahel’s victims An estimated 950,000 square kilometers (about ...
Inflation slowed for the third straight month, dropping from 23.71% in April to 21.88% in July. • Food inflation fell sharply year-on-year, from 39.53% to 22.74%. • Government wage hikes and tax ...
Insurers and reinsurers must comply with new capital requirements within 12 months or lose licenses. • Life, non-life, and reinsurance companies face steep hikes in minimum capital, up to ₦35 billion.
The government set a minimum farm gate price for shea nuts at CFA250 CFA ($0.44) per kilogram. • The government suspended raw shea nut exports to boost local processing. • Over 152,000 women in Ivory ...
Nigeria has enacted sweeping new rules to govern its fast-growing digital lending market. • The regulators move to rein in abusive practices and give investors more certainty. • The sector is ...
Yambi City is an annual festival that takes place every year-end in Kinshasa, driven by the Afrika Diva collective and spearheaded by activist rapper Orakle Ngoy. Since its creation, the event has ...
Located on the southeastern coast of Zanzibar, Jambiani is a coastal village that captivates visitors with its authenticity and serene atmosphere, far from the bustle of the island’s more crowded ...
Cameroon financier Alain Nkontchou to buy Nedbank 21.22 percent stake in Ecobank for 100 million US dollars pending regulators. • Upon closure Nkontchou family will hold 24 percent of Ecobank ...