News

US reduced initial April rates (up to 50%) to 10-30% in August for some African nations, exempting minerals/oil, via negotiations to address trade deficits. • Southern Africa (e.g., South Africa at 30 ...
Presidential Decree 2019-034 transformed PAD from landlord to master developer, allowing PAD to monetise surplus plots and diversify revenue, exactly the playbook used by Rotterdam, Durban, and ...
Orange Money’s 100 million active accounts will host JUMO’s AI credit engine, issuing $5–$500 loans repayable automatically from wallet balances. • Roll-out begins in Burkina Faso, then Mali and ...
Solarcentury has launched the first 25 MW phase of the Mailo solar project. Electricity is now sold on the Southern African Power Pool without a PPA. The plant is set to reach 118 MW, with 500 MW more ...
West African Resources’ Sanbrado gold mine revenues rose 38% in H1 2025, reaching A$472.1 million due to higher gold prices. The average gold selling price jumped from A$2,199 to A$3,049 per ounce ...
A new bilateral commission will oversee energy, education, and security projects. The initiative follows President Traoré’s visit to Russia in May 2025. Trade reached $753.5 million in 2024 and is ...
Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concentration in top banks (54% assets) holds 75% of bad loans, with deposits shifting to cash hoarding. A $550 ...
MSC to launch Iroko service on Sept 10, directly linking China, Singapore, and West Africa. Route reduces transshipment, cutting transit times to ports like Pointe-Noire and Lagos. Part of MSC's ...
The government of Côte d’Ivoire will allocate CFA25.3 billion (about $44 million) to support its cotton sector in the 2025/2026 season, Agriculture Minister Kobenan Kouassi Adjoumani announced on July ...
The World Bank approved $200 million via IDA for Zambia’s energy programme ASCENT. The project aims to bring reliable electricity to over 1 million Zambians within 5 years. Zambia is accelerating ...
NDPHC aims to commercialize 200 MW from idle plants, pending regulator approval. Nigeria generates only 4,000-6,000 MW despite 14,000 MW installed capacity. Poor coordination and delays block power ...
MTN Rwanda invests heavily in network upgrades but faces growing service quality problems. The Rwandan regulator RURA summoned MTN after two days of major disruptions in voice, SMS, USSD, and ...