Ivory Coast is said to be negotiating a €800M syndicated loan with Standard Chartered and Société Générale, backed by MIGA and AfDB, to refinance debts discreetly amid cocoa volatility. • Loan pushes ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Senegal is preparing a national strategy to develop its wheat sector and kick-start domestic production, which is currently non-existent. A two-day national workshop held from July 29 to 30 in ...

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 ...

The Medusa Submarine Cable System is a critical investment in the region’s digital future, especially at a time when demand for data and bandwidth is accelerating across Africa and the Mediterranean ...

Zambia seeks a 12-month extension of its $1.7B IMF program beyond October 2025. • The extension supports reforms for economic stability and debt sustainability. • Zambia has restructured major debts, ...

Africa’s 2024 FDI jumped to USD 97 bn (+75 %), but almost two-thirds came from Egypt’s USD 35 bn Ras El-Hekma smart-city; excluding it, growth was only 12 %. The continent secured barely 5 % of the ...