CBN bars undercapitalized banks from dividends, bonuses, and offshore investments. Move aims to boost capital and address bad loans before March 2026 deadline. Critics fear impact on investor ...

West Africa’s $10B food trade is informal, per OECD. Staples like cereals and tubers dominate informal trade, missing from official data. Informality distorts trade planning and hinders ECOWAS ...

Mali begins building gold refinery with Russia’s Yadran; key project details remain undisclosed. Refinery capacity exceeds Mali’s output; neighbors have their own refining plans. No word on LBMA ...

Mauritania gets $2B pledge from Arab lenders for 2025–2030 development plan. Funds focus on energy, water, transport, and digital sectors. Reforms and strong FDI back growth and diversification goals.

Algeria allows foreign firms up to 80% in mining projects to cut hydrocarbon reliance. State firms retain 20% minimum stake with 30-year permits and anti-dilution rules. Law streamlines approvals, ...

Global Atomic in talks for minority joint venture deal on Dasa uranium project • $295 million loan under negotiation with a U.S. development bank • Private placement launched to raise about $22 ...

Angola and Namibia to connect Lubango to Santa Clara via 275 km railway • Project to be developed under a public-private partnership model • Initiative supports Angola’s logistics hub ambitions and ...

Nigeria targets rise in oil production from 1.6 to 3 million barrels per day by 2030 • WoodMac highlights collaboration, regulatory streamlining, and pragmatic reforms as key • Investment has plunged ...

Algeria to launch 40 new digital specialties in vocational training from next academic year • Plan aligns with national goal to train 500,000 ICT specialists by 2030 • Strategy aims to cut brain drain ...

PowerTel and Paratus Zimbabwe partner to deploy high-capacity national fiber network • First phase to connect Plumtree, Bulawayo, and Livingstone within six months • Initiative aims to support digital ...

Egypt to build 1.1 GW solar plant with 200 MWh battery storage in Nagaa Hammadi • $479.1 million in international funding led by BII, AfDB, and EBRD • Project to supply 3,000 GWh annually, with first ...

Senegal launches $526 million bond amid stalled IMF program talks • Fixed rates offered: 6.60% (5 yrs), 6.75% (7 yrs), 6.95% (10 yrs) • Funds to support projects in education, health, energy, and ...