INSIGHTS
jean-bamanisa-warns-kinshasa-faces-urban-breakdown-without-infrastructure-overhaul

• Jean Bamanisa says Kinshasa needs 3,500 km of roads rebuilt at a cost of over $10 billion.• He warns that without urgent investment, the city...

africa-in-2025-strategic-vision-sovereignty-and-global-relevance-jeanine-mabunda-s-op-ed

• Africa must transition from symbolic influence to active leadership on global platforms.• AU reform, peace architecture, and AfCFTA implementation are...

the-demographic-dividend-is-an-opportunity-for-the-continent-says-ethiopis-tafara-ifc-vice-president-for-africa

Recently appointed to lead the International Finance Corporation’s (IFC) operations in Africa, Ethiopis Tafara visited Lomé as part of “Africa Leads,” a...

turning-global-goals-into-local-gains-sanda-ojiambo-on-africa-s-sdg-opportunities

As challenges related to sustainable development, social inclusion, and ecological transition grow more pressing, mobilizing the private sector has become...

africa-to-see-fastest-growth-in-ultra-rich-population-by-2028-report

• Africa projected to see 17.8% growth in number of individuals with $10 million+ net worth by 2028.• This rate is more than twice the global...

trump-s-america-first-agenda-puts-u-s-aid-to-africa-at-risk

U.S. plans to slash 2026 foreign aid by $49.1 billion, targeting global health, education, agriculture $555 million cut to African...

u-s-unveils-trade-led-approach-to-africa-cuts-back-on-aid

• U.S. unveils a new trade-focused approach for Sub-Saharan Africa, moving away from aid• The strategy aims to link U.S. business interests with Africa’s...

isdb-to-invest-over-660-million-in-seven-african-nations

The Islamic Development Bank (IsDB) approves $665.75 million for seven African countries as part of a broader $1.32 billion...

nigeria-s-central-bank-keeps-key-rate-unchanged-at-27-5

The Central Bank of Nigeria has left its benchmark interest rate unchanged at 27.5% for the second time in a row. The decision was made after a Monetary...

savannah-energy-expands-gas-operations-in-nigeria-after-sipec-deal

• Savannah Energy plans to boost production at Nigeria’s Uquo field to meet rising gas demand.• The company recently acquired SIPEC Nigeria in...

ghana-explores-anti-iuu-fishing-deal-with-china-despite-controversy

• Ghana is considering a strategic partnership with China to combat illegal fishing.• China remains the world’s top IUU fishing offender despite joining...

ghana-issues-one-month-ultimatum-to-starlink-to-comply-with-local-regulations

This development underscores Ghana’s growing emphasis on digital sovereignty, consumer protection, and structured engagement with global tech players as...

cybersecurity-becomes-strategic-priority-for-african-port-hubs

• Over 90% of Africa’s trade passes through ports, now increasingly targeted by cyberattacks.• In 2024, 174 port-related cyber incidents were recorded...

big-four-hold-99-share-of-nigeria-s-audit-market-in-2024

Nigeria’s audit industry grew 65% in 2024, reaching 28.2 billion naira ($14.4 million). KPMG, EY, PwC, and Deloitte captured over 99% of audit fees...

lagos-to-release-nigeria-s-first-guidelines-for-artificial-intelligence

Lagos state will soon issue Nigeria’s first artificial intelligence (AI) guidelines for responsible development. The framework will guide developers...

Ghana plans to allocate 200,000 hectares for new industrial cocoa plantations under Cocobod. The effort aims to offset productivity losses caused...

Lagos State begins construction of a large aquaculture center on a 35-hectare site. The center will produce 50 million fingerlings and 46,000...

u-s-unveils-trade-led-approach-to-africa-cuts-back-on-aid

• U.S. unveils a new trade-focused approach for Sub-Saharan Africa, moving away from aid• The strategy aims to link U.S. business interests with Africa’s development goals• A new regional office in...

• Ghana secures 450,000 barrels of light crude oil from Nigeria to stabilize power supply• Additional stocks of heavy fuel and diesel procured to sustain...
The Islamic Development Bank (IsDB) approves $665.75 million for seven African countries as part of a broader $1.32 billion...
nigeria-s-central-bank-keeps-key-rate-unchanged-at-27-5

The Central Bank of Nigeria has left its benchmark interest rate unchanged at 27.5% for the second time in a row. The decision was made after a Monetary...

south-africa-uif-injects-21m-into-post-office-to-save-6-000-jobs

South Africa’s Unemployment Insurance Fund (UIF) will inject $21 million into the South African Post Office (SAPO) under the Temporary...

• Savannah Energy plans to boost production at Nigeria’s Uquo field to meet rising gas demand.• The company recently acquired SIPEC Nigeria in...
• Ghana is considering a strategic partnership with China to combat illegal fishing.• China remains the world’s top IUU fishing offender despite joining...
nigeria-benin-launch-digital-customs-system-to-strengthen-trade

• Nigeria and Benin have deployed the SIGMAT system at the Sèmè-Kraké border to improve customs efficiency.• SIGMAT digitizes goods-in-transit processes,...

ghana-issues-one-month-ultimatum-to-starlink-to-comply-with-local-regulations

This development underscores Ghana’s growing emphasis on digital sovereignty, consumer protection, and structured engagement with global tech players as...

INSIGHTS
jean-bamanisa-warns-kinshasa-faces-urban-breakdown-without-infrastructure-overhaul

• Jean Bamanisa says Kinshasa needs 3,500 km of roads rebuilt at a cost of over $10 billion.• He warns that without urgent investment, the city...

ghana-avoids-power-crisis-with-emergency-fuel-shipment-from-nigeria

• Ghana secures 450,000 barrels of light crude oil from Nigeria to stabilize power supply• Additional stocks of heavy fuel and diesel procured to sustain...

south-africa-uif-injects-21m-into-post-office-to-save-6-000-jobs

South Africa’s Unemployment Insurance Fund (UIF) will inject $21 million into the South African Post Office (SAPO) under the Temporary...

nigeria-benin-launch-digital-customs-system-to-strengthen-trade

• Nigeria and Benin have deployed the SIGMAT system at the Sèmè-Kraké border to improve customs efficiency.• SIGMAT digitizes goods-in-transit processes,...

kenya-accelerates-fiber-rollout-with-world-bank-support

• Kenya plans to deploy 100,000 km of fiber by 2032 to ensure nationwide broadband access.• The current phase covers 940 km under the Horn of Africa...

nigerian-defense-academy-commissions-2-5-mw-solar-plant

A 2.5 MW hybrid solar power plant has been inaugurated at the Nigerian Defense Academy in Kaduna, impacting more than 12,368 people. The project is...

nice-summit-african-atlantic-fisheries-at-a-crossroads

Nice Summit : UN Ocean Conference in Nice seen as last chance to reverse overfishing trends by 2030 Morocco emerges as key player amid collapsing...

FINANCES
WHO'S WHO
FINANCES
waemu-securities-market-raises-8b-by-april-30-2025-up-96

WAEMU member states raised CFA4,751.95 billion ($8.14 billion) by April 30, 2025 Treasury bonds surged 172.86% to CFA2,122.07 billion, signaling...

algeria-secures-3b-infrastructure-development-loan-from-isdb

• The Islamic Development Bank will provide Algeria with $3 billion over three years.• Funds will support development projects including expansion...

banque-el-amana-set-for-30m-ifc-loan-to-support-mauritanian-msmes

• IFC plans to grant a $30 million loan to Banque El Amana, pending June 2025 board approval.• The funding will increase credit access for MSMEs,...

african-development-bank-approves-304-million-loan-to-support-botswana-s-fiscal-stability-and-economic-reforms
ebrd-grants-beneficiary-country-status-to-benin-cote-d-ivoire-and-nigeria

EBRD confers beneficiary status to Benin, Côte d’Ivoire, and Nigeria under its regional expansion These countries gain access to EBRD financing,...

INFRASTRUCTURES
dp-world-to-invest-2-5b-in-africa-focused-port-projects-by-2025

DP World to inject $2.5 billion into global logistics operations in 2025 African priorities include ports in DRC and Senegal to expand...

• Qair has begun constructing two 15 MWp solar plants in N'Djamena with 30 MWp of total storage.• The facilities will generate 65 GWh annually, serving...

• Uganda, South Sudan, and the Central African Republic launched a 1,100 km road project.• The corridor is intended to reduce trade costs, connect...

cairo-begins-testing-of-first-bus-rapid-transit-line

Cairo has launched the operational testing phase of a 35km BRT segment with 14 stations. The corridor is part of a 110km network designed to...

61-of-companies-in-africa-view-ai-skills-as-crucial-to-success-sap-study

• 61% of African businesses say AI skills are critical to their success.• All surveyed firms expect an AI talent gap in 2025, with many already affected.•...

AGRICULTURE
AGRICULTURE
cocoa-boom-draws-new-investors-to-nigeria
chad-has-what-it-takes-to-be-a-shea-butter-powerhouse-ifc-says
algeria-considers-national-sugar-office-to-manage-growing-output

Algeria may establish a National Sugar Office to manage output, demand, and exports. The new Tafadis refinery in Boumerdès can produce 2,000 tons...

itfc-grants-119m-to-boost-cotton-production-in-burkina-faso

• Burkina Faso receives €106 million ($119.4 million) under a 'Mourabaha' loan agreement with ITFC.• The facility supports the cotton sector, which...

Acute hunger affected over 295 million people across 53 countries in 2024. Conflicts, climate shocks, and economic pressures cited as key...

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senegal-targets-66-increase-in-cotton-seed-production-by-2025

Senegal plans to raise cotton seed output to 25,000 tons in 2025, a 66% increase Expanded planting area and long-term goal of 100,000 tons by...

cashew-processors-in-senegal-fear-repeat-of-2024-crisis

Cashew processors in Senegal are raising concerns over access to raw nuts despite recent government support In 2024, only 3% of the country’s...

INDUSTRY
anglo-american-platinum-to-rebrand-as-valterra-platinum-on-may-28

• Amplats will list as Valterra Platinum Limited on the Johannesburg Stock Exchange• Parent company Anglo American to retain 19.9% stake after May 31...

Ivanhoe Mines suspends operations at Kakula mine in eastern DRC after seismic activity Phase 1 and 2 concentrators continue at reduced capacity...

Sasol to improve coal quality to sustain profitability and limit emissions Secunda output to exceed 7.4 million tons/year by 2028 Renewable...

cameroon-eyes-mining-sector-to-power-post-oil-economic-growth

Mining contributes just 1% to GDP but is poised to surpass oil as a key growth driver Projects like Mbe gold, Mbalam iron, and Minim Martap...

• The ICJ granted Equatorial Guinea sovereignty over three disputed islands in the Gulf of Guinea.• The ruling opens access to potentially oil-rich waters...

• Ghana plans to cut liquid fuel costs by half through a new natural gas plant.• The project could reduce untreated gas losses of $151 million...

DIGITAL
ghana-u-s-chamber-of-commerce-explore-digital-cooperation-opportunities

The engagement marks a significant step toward deepening U.S.-Ghana digital cooperation, positioning Ghana as a strategic partner in the evolving global...

nigeria-cuts-corruption-in-nin-registration-by-40

NIMC says extortion and corruption cases dropped by at least 40% Over 120 million Nigerians enrolled in the national ID database Concerns...

abia-state-mtn-nigeria-sign-mou-to-drive-digital-transformation

Despite progress in digital development, significant disparities in digital access persist across regions and social groups. Strategic initiatives are...

SERVICES
MEDIAMANIA
NEWSWIRE

SERVICES

Between 2023 and 2025, the Mboa Paris fair, in partnership with the JFN Center, trained thirty young Cameroonians in entrepreneurship, applied innovation,...

The University of Lomé (UL) plans to launch a business language centre and a business school to better connect university training with the private...

MOST READ
01

The African Development Bank has approved a $304 million loan to Botswana to support the southe...

African Development Bank Approves $304 Million Loan to Support Botswana's Fiscal Stability and Economic Reforms 
02

BRVM and Africa50 signed a deal to create new infrastructure financing tools The plan inclu...

BRVM and Africa50 Partner to Fund Infrastructure in WAEMU
03

The Economic Community of West African States (ECOWAS) parliamentarians met in Lomé from May 6 to 9,...

ECOWAS Parliament Calls for Airfare Tax Cuts to Make Flying Affordable
04

Nigeria’s audit industry grew 65% in 2024, reaching 28.2 billion naira ($14.4 million). KPMG, EY,...

Big Four Hold 99% Share of Nigeria’s Audit Market in 2024
TOURISM

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