Turaco Gold plans to buy Sodim’s remaining 20% stake in Afema for $79 million, subject to shareholder approval and excluding the Ivorian government’s interest. Afema could produce about 200,000 ounces ...

The World Bank expects per capita income growth in sub-Saharan Africa to reach 1.8% in 2026, up from 1.6% in 2025, despite stronger regional economic growth of 4.3%. The regional poverty rate will ...

Fewer than 7% of microenterprises surveyed across seven African countries reported using smartphones and computers for business, while high costs and limited digital skills remained major barriers.

Togo plans to upgrade an additional 846 km of rural roads under the second phase of its Rural Roads Support Programme (PAPR), with an estimated budget of CFA35.54 billion. The government has completed ...

Gulf crude exports reached 13.9 million barrels per day in September, recovering to more than 75% of pre-war levels, but nearly 2 million barrels per day of regional refining capacity remained offline ...

Visa, a global leader in digital payments, today announced plans to strengthen its engagement with financial institution partners, regulators and other stakeholders in Senegal through the opening of a ...

Benin’s government-backed SME guarantee fund has received a financial institution license and is expected to begin operations soon. With initial capital of 5 billion CFA francs, the fund aims to help ...

Ivorian fintech Molo Molo Pay is exploring an entry into the Democratic Republic of Congo after launching in Côte d'Ivoire in April 2025 and pursuing expansion into Burkina Faso. The company has not ...

The ECOWAS Bank for Investment and Development (EBID) brought together leading representatives of central banks, development finance institutions, commercial banks, institutional investors and risk ...

Mobile money transactions in Togo reached CFA4.44 trillion ($7.2 billion approximately) in 2025, up 7.9% from 2024, across 409.7 million transactions. Togo recorded 5.69 million active mobile money ...

Zimbabwe has opened an investigation into whether rising pasta imports are harming local producers, with no import restrictions imposed so far. Imports rose 17.4% to 58,100 tons in 2025, capturing 87% ...

Rwanda has begun preparing its 2027/28 budget, directing central and local government agencies to prioritize ongoing projects and assess proposed investments against readiness requirements. Budget ...