Benin’s CDC plans to raise up to $30 million through its first social bond to help women-led businesses access financing. The proceeds would support a broader World Bank-backed program aiming to ...
The ECOWAS Bank for Investment and Development (EBID) and West Africa’s next phase of Development,” the Bank brought together investors, financial institutions, development partners and private sector ...
Ghana has introduced a digital commerce training program with TikTok and the International Chamber of Commerce. The initiative will help young entrepreneurs and small businesses develop online sales ...
Mozambique intends to raise up to $65 million to finance state utility EDM's stake in the Temane gas-fired power plant. The government has approved financial and contractual changes to help revive the ...
Nigeria's NNPC is in talks with potential investors, including ADNOC, to finance the $25 billion to $26 billion pipeline. ADNOC's international gas investments through XRG make it a potential partner, ...
Senegal has proposed a CFA7.46 billion mining budget for 2027 to support reforms and resource development. Priorities include geological mapping, artisanal gold mining oversight, and local gold ...
Kenya is negotiating $252 million in World Bank financing, made up of $250 million from the International Development Association (IDA) and a $2 million grant from the Global Water Security and ...
Sudan has lifted its ban on Kenyan imports, reopening a market that once ranked among Kenya's major tea destinations. Kenyan tea exports to Sudan had already declined sharply before the trade ...
AFINHAB's net profit fell to CFA1.1 billion in the first half of 2026, from CFA1.4 billion a year earlier. Operating expenses jumped 38%, while net banking income rose just 4%. The regional housing ...
Guinea opened the inaugural Simandou Mining Summit on November 11, seeking investment in industries that can sustain economic growth beyond mineral extraction. The government aims to attract more than ...
The Central Bank of Congo (BCC) licensed Proxima Capital RDC as a microfinance institution, which Proxima announced on November 10. Congolese investors own 100% of the company, which will combine ...
Côte d’Ivoire’s gambling sector generated 922.25 billion CFA francs (about $1.57 billion) in revenue at end-December 2025, up 30.6% from 2024. The sector created 1,859 direct jobs and paid more than ...