President William Ruto signs law strengthening financial crime enforcement Reform addresses FATF gray listing and enhances oversight in real estate and mining Ten laws amended to meet international ...

EU and EIB provide CFA27 billion to fund Congo’s Digital Acceleration Project (PATN) Investment targets education, health systems, administrative interconnection, and youth training Project aligns ...

Highlights: IDA grants $100 million concessional loan for urban mobility reform in Senegal Project to integrate BRT, TER, and formalized bus networks in Dakar Goal is to improve transport access for 3 ...

Highlights: Asante aims to raise $470 million through loans and equity for expansion Targeting 500,000 ounces of gold output by 2028 from Bibiani and Chirano mines Package includes $345 million from ...

Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Africa, Nigeria, and Namibia also ranked. Rankings mix data and executive views on economy and governance. Six ...

Wilmar to buy out PZ Cussons’ 50% stake in PZ Wilmar for $70 million Acquisition includes 26,500 hectares of plantations and a 1,000-ton/day refinery Nigeria’s rising demand and supply deficit drive ...

Five African producers to allocate 1% of rough diamond revenue to global campaign Agreement signed with key industry players to counter rise of lab-grown diamonds Campaign to be led by the Natural ...

CBN bars undercapitalized banks from dividends, bonuses, and offshore investments. Move aims to boost capital and address bad loans before March 2026 deadline. Critics fear impact on investor ...

West Africa’s $10B food trade is informal, per OECD. Staples like cereals and tubers dominate informal trade, missing from official data. Informality distorts trade planning and hinders ECOWAS ...

Mali begins building gold refinery with Russia’s Yadran; key project details remain undisclosed. Refinery capacity exceeds Mali’s output; neighbors have their own refining plans. No word on LBMA ...

Mauritania gets $2B pledge from Arab lenders for 2025–2030 development plan. Funds focus on energy, water, transport, and digital sectors. Reforms and strong FDI back growth and diversification goals.

Algeria allows foreign firms up to 80% in mining projects to cut hydrocarbon reliance. State firms retain 20% minimum stake with 30-year permits and anti-dilution rules. Law streamlines approvals, ...