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 ...
CMOC increased cobalt production by 13% to 61,073 tonnes in the first half of 2025. • The DRC extended its cobalt export ban, forcing CMOC to stockpile while adapting. • CMOC maintains its 2025 cobalt ...
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 ...
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 ...
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 ...
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 ...
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 ...