African airlines increased passenger traffic 11.7% year-on-year in January 2026, among the strongest growth rates globally. Airlines increased capacity 10.1%, while the load factor reached 77.4%. The International Air Transport Association (IATA) expects global traffic to grow 4.4% in 2026, reaching 5.2 billion passengers. African airlines increased passenger traffic by 11.7% year-on-year...

The government ordered the creation of a joint expert commission to tighten environmental oversight in the mining sector. Authorities identified “serious breaches” by several mining companies and structural failures in control mechanisms in Lualaba and Haut-Katanga. The initiative supports DR Congo’s commitments to the International Monetary Fund under its Resilience and Sustainability...

Retail investors in Cameroon invested 25.9 billion CFA francs ($45.9 million) in government securities as of Jan. 31, 2026. Retail participation remains marginal across the CEMAC region, representing just 3% of outstanding Treasury securities. Banks acting as Primary Dealers (SVT) hold 63.2% of the market, reinforcing their dominance in the regional debt market. Retail investors in...

Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presumptive tax framework. Authorities exempt nano and small businesses with annual turnover below 12 million naira. The reform supports President Bola Tinubu’s broader tax overhaul launched in 2025, which includes higher capital gains taxes and a 15% minimum effective tax for large firms. The...

Regideso plans to build a bottled water plant in Kinshasa, with construction potentially starting within three to four months. The utility will deploy 80,000 to 90,000 prepaid smart water meters, mainly for public administrations and institutional clients. Authorities aim to reduce financial dependence on government payments, which Regideso says can arrive 10 to 12 months late. During a...

Nigeria approved the implementation of a geolocation-based alphanumeric digital postal code system to improve address accuracy nationwide. The initiative will replace the country’s traditional addressing system introduced in 1986. Authorities expect the system to support logistics, e-commerce, emergency services and digital public administration. Nigeria’s Federal Executive Council...

Libya supplied 13.4 million tonnes of crude oil to Italy in 2025, making it the country’s largest supplier. Libyan crude accounted for nearly one-quarter of Italy’s total oil imports during the year. Italy’s energy group Eni resumed exploration activities in Libya in 2025, supporting efforts to boost production to about 1.4 million barrels per day. Libya delivered about 13.4 million...

Nigeria is considering creating a Grid Asset Management Company (GAMCO) to manage transmission infrastructure. The move targets a key bottleneck in the country’s electricity system: limited transmission capacity. The proposal is part of broader reforms in Nigeria’s power sector, including debt settlement and subsidy changes. Nigeria is considering the creation of a new...

The European Union has approved €6 million to support the next phase of Senegal’s regional express train expansion. The funding will help finance studies and preparatory work for extending the line to Thiès. Authorities see the TER as a key pillar of mass transit to ease congestion and reduce road accidents. Senegal has secured €6 million (about $6.9...

The Ethiopian Securities Exchange has launched “Neway,” a web and mobile trading platform for investors. The tool allows users to open accounts, trade securities, and monitor portfolios online. The initiative reflects broader financial reforms aimed at building a modern capital market in Ethiopia. The Ethiopian Securities Exchange (ESX) announced on March 5 the launch of...