South Africa Joins Afreximbank, Unlocks $8 Billion Country Program
South Africa has become the 54th member of the African Export-Import Bank, unlocking access to an $8 billion country program...
Finance
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Nigeria Issues $347 Million in Bonds to Clear Power Sector Debt
Nigeria issued ₦501 billion ($347 million) in bonds to begin settling more than a decade of debt owed to electricity...
Equatorial Guinea Moves Capital from Malabo to Ciudad de la Paz
Equatorial Guinea has officially moved its capital from the island city of Malabo to Ciudad de la Paz, or City...
Diana Orembe Wins Africa’s Business Heroes 2025 Top Prize
Diana Orembe, co-founder of Tanzania-based biotech startup NovFeed, has won the 7th edition of the Africa’s Business Heroes (ABH) Prize...
4 African Countries Removed from Global Illicit Finance Watchlist
Four African countries, namely Nigeria, South Africa, Mozambique and Burkina Faso, have been removed from the Financial Action Task Force...
Angola Secures $124M for Youth Jobs and Entrepreneurship Boost
The Government of Angola, in partnership with the African Development Bank and the European Union, has launched the $124 million...
AU: Africa Loses $88 Billion Annually to Illicit Flows
Africa is losing an estimated $88 billion every year due to illicit financial flows, according to a new report by...
‘Africa Is Watching. The Youth Are Waiting. It Is Time for Action’
“Africa is watching. The youth are waiting. It is time for action,” declared Dr. Sidi Ould Tah on Monday as...
Ethiopia, Dangote Group Sign $2.5B Fertilizer Complex Deal
Ethiopia has signed a $2.5 billion shareholder investment agreement with Nigeria’s Dangote Group to build a massive fertilizer production complex,...
Nigeria Launches $500 Million Climate Finance Platform
ABUJA - Nigeria has launched a new initiative to attract $500 million in climate funding to support clean energy, infrastructure...
Nigeria’s Dangote Refinery to Export Petrol After Meeting Domestic Demand
Nigeria’s Dangote refinery will export up to 20 million liters of petrol daily after surpassing domestic demand, a milestone that...
Ghana Reports Fiscal Gains as Debt Falls and Inflation Eases
Ghana recorded stronger fiscal results in 2025, with lower public debt, easing inflation, and improved growth indicators following fiscal consolidation...
Cameroon Cocoa Wins Gold at Global Quality Awards
Cameroon cocoa won gold at the Cacao of Excellence Awards in Amsterdam, reinforcing its standing in premium cocoa markets and...
AI Expansion Targets Health and Education Systems in Rwanda
Artificial intelligence tools are set to boost Rwanda’s health, education and public administration systems following a three-year partnership between the...