News

MTN has announced the launch of the MTN Cloud Accelerator, a 12-week hybrid program designed to help African startups scale faster by leveraging MTN’s vast infrastructure, products, and networks. The ...
IMF extends Niger’s Extended Credit Facility (ECF) program by one year through December 2026. • IMF approves a $41 million disbursement tied to governance and fiscal reforms. • Niger’s economy ...
Kenya plans to import 1.05 million tonnes of palm oil in 2025/2026, near its highest ever level. Malaysia supplies 90% of Kenya’s palm oil, sharply overtaking Indonesia since 2019. Kenya acts as a ...
EBRD grants $100 million loan to Banque Misr to expand credit access for SMEs and women-led businesses. Loan supports Egypt’s green finance goals and sustainable development. Partnership furthers EBRD ...
Power Africa closed after 12 years, leaving a gap in Africa’s electrification push. Mission 300 aims to connect 300 million Africans to electricity by 2030 using diverse financing. Risk perception ...
Upskill Universe partners with Google and HP to train 10,000 SMEs in Nigeria and South Africa. The program targets digital marketing, e-commerce, and AI use to boost business agility. Women-led ...
Flutterwave gained a BCEAO license to operate in Senegal, expanding to 35 African countries. It targets growth in Africa’s booming $1.5T digital payments market despite lacking profitability. Faces ...
Côte d’Ivoire has pre-sold 850,000 tons of 2025/26 cocoa, nearing the 1.3M ton cap The cap aims to reduce delivery risks amid uncertain weather High cocoa prices prompt Barry Callebaut to forecast a 7 ...
Russia to supply 50% of North Africa’s wheat imports in 2024/2025, led by 13.5M tons shipped Russia dominates Egypt’s market and overtakes France in Morocco; strong gains in Libya and Tunisia ...
The former Nigerian president has passed away. A feared military figure and controversial head of state, he left a lasting mark on several generations of Nigerians, beginning in the 1960s. News of ...
UTB’s restructuring delayed to end-2026 due to incomplete audits; reorganization plan expected by March. Despite a CFA 15.2B injection, the bank still violates key prudential rules and faces ...
The Emerald Sea is a vast turquoise lagoon located in the northern part of Madagascar, just a few kilometers from the town of Antsiranana (formerly Diego Suarez). Protected by a coral reef, this ...