Ecuador has nearly caught up with Ghana in cocoa production, producing 580,000 tons in 2024/2025 compared with Ghana's approximately 600,000 tons. Higher cocoa prices, better farmer earnings and ...
Côte d’Ivoire and Ghana together account for about 60% of global cocoa supply. Longtime rivals in international markets, the two countries have gradually built an alliance aimed at influencing prices, ...
On a recent field visit to Togo as part of a mission focused on the SSEQCU and SWEDD+ projects, Driss Zinedine, the World Bank Group’s sector director for Health, Nutrition and Population in Western ...
Côte d’Ivoire raised its guaranteed cocoa producer price by 10% to CFAF 1,100 per kilogram in September 2016, despite falling international prices, putting exporters under financial pressure. Unable ...
Foreign-controlled banks accounted for 57.4% of CEMAC's 54 banks at the end of 2025, down from 67.9% a year earlier. Acquisitions, ownership changes, and mergers have increased the share of banks ...
The Central African Banking Commission revoked 17 licenses in 2025, with most decisions accompanied by industry bans lasting five to ten years. Five license revocations in the microfinance sector led ...
The Central Bank of Nigeria held a business and financial roundtable in Beijing on October 21 to identify barriers to payments, settlement and trade finance between Nigeria and China. Nigeria imported ...
Eni is looking for contractors to build a 75 MW gas-fired power plant in Mozambique's Inhambane province. The $130 million project comes alongside the company's $7.2 billion Coral Norte LNG ...
Burkina Faso plans to invest more than CFA2,800 billion ($4.8 billion) in its energy sector through the Faso Wa-Fulu programme, which the Council of Ministers adopted on October 22. Only 34% of ...
Togo's largest companies want simpler tax rules and targeted incentives to encourage investment and business growth. Business leaders also called for cheaper energy, more financing options, and ...
Mobile money transactions in WAEMU reached $374 billion in 2025, up 39.7% from 2024, while transaction volumes rose 37.3% to 16.37 billion. Côte d’Ivoire, Senegal and Burkina Faso accounted for 79.12% ...
Scatec, EBRD Launch Renewable Energy Investment Platform in Egypt With Up to $221 Million in Funding
Scatec and the EBRD have agreed to create a renewable energy investment platform in Egypt. The EBRD will own 40% of the platform and commit up to $221 million, including about $170 million in equity.
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