Côte d’Ivoire recorded a CFA369.1 billion ($632.7 million) cash surplus in 2025. Government revenue reached 101.2% of the revised budget target, while spending came in below projections. Authorities ...

Ethiopia has joined the Pan-African Payment and Settlement System (PAPSS), allowing its financial institutions to connect to the network. The platform enables businesses to make cross-border payments ...

The African Development Bank has raised $11.5 billion in 2026, equivalent to 96% of its annual borrowing program. Its latest €1 billion social bond carries a yield of 3.562% and attracted orders ...

The World Bank Group plans to increase its critical minerals financing fivefold to $19 billion between 2026 and 2030. Twenty countries have been identified as potential partners, although the Bank has ...

Dangote's ambition to attract 10 million retail investors is running into Africa's fragmented financial regulations. The share offering has been extended to October 27, but remains registered only in ...

Manufacturing's share of GDP fell from 13.9% in 2017 to 9.8% in 2025, according to the UN. The DRC averaged 7.2% economic growth between 2021 and 2025, largely supported by mining. The UN Economic ...

The EU grant will fund network design, technical studies and institutional support, not fiber construction. Nigeria plans to expand its fiber-optic network from 35,000 km to 125,000 km and connect all ...

Cotonou's cargo traffic rebounded in 2025 after a sharp decline in 2024 linked to the diplomatic crisis with Niger. The port is investing nearly $855 million in infrastructure as Abidjan, Lomé, Tema ...

Tunisia is preparing an emergency response after detecting olive knot disease in the Mahdia governorate. Olive oil production is forecast to fall to 300,000 tons in 2026/2027, down 40% from the ...

DRC Gold Trading wants tax relief for gold traders and mining cooperatives to encourage legal sales. The company estimates that 75 tons of gold worth nearly $10 billion leave the DRC illegally each ...

Atiku Abubakar wants to supply local refineries with crude oil below market prices to make gasoline cheaper. Tinubu's government is pursuing pump-price discounts, reduced retail margins and a proposed ...

The naira component of the program, worth approximately $326 million at the October 13 official exchange rate, brings the combined financing capacity to about $4.43 billion. Renaissance says the ...