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Rwanda and Tanzania are linking their national payment systems—TIPS and RSWITCH—through a bilateral pilot.
Sending money from Tanzania to Rwanda costs an average of 44.27% in Q1 2025, according to the World Bank—nearly seven times the global average of 6.49%.
The initiative supports the EAC Cross-Border Payment System Masterplan and aims to reduce transaction costs and boost...
Cameroon's parliament has been called to ratify a January 2025 aviation agreement that positions the country as Qatar Airways' first direct CEMAC destination.
Currently, Cameroon-Doha flights require connections via Rwanda, Ivory Coast, or Morocco; ratification will grant unlimited traffic rights for direct commercial services.
The agreement challenges Ethiopian Airlines' dominance across...
IFC provides CFA14.5 billion ($25.5 million) senior loan to BOA Congo
Funding targets micro, small, and medium enterprises, including women-led firms
IFC will also support risk management, governance, and sustainability efforts
The International Finance Corporation (IFC), a member of the World Bank Group, has granted a CFA14.5 billion (about $25.5 million) senior loan to...
Tiger Brands plans to complete its Cameroon exit by mid-2026 after signing a sale deal for its 74.69% stake in Chococam to Minkama.
The XAF 46.68 billion debt-financed sale reflects Tiger Brands’ shift toward core South African operations and higher-margin categories.
Chococam’s strong local performance may continue under new ownership if it manages debt costs, supply risks, and brand...
Agreement covers annual imports worth about £700,000 ($922,000)
Deal aims to improve sheep and goat breeds and boost meat production
Kenya’s goat and sheep meat output rose sharply between 2022 and 2024
Kenya has finalized a trade agreement to import sheep and goat genetic material—including embryos, live breeders, and gametes—from the United Kingdom. The announcement was made on...
China plans to grant zero-tariff access to exports from 53 African nations
Afreximbank says policy could boost value chains, logistics, and integration
Report urges investment in infrastructure, trade financing, and standards alignment
African countries can make full use of the zero-tariff treatment that China plans to apply to their exports by developing regional value chains in...
MINFOF and FAO launch the Legal Hub in Yaoundé to centralize wildlife laws and promote sustainable resource governance under the SWM Programme.
The platform strengthens legal literacy, combats poaching, and safeguards rural livelihoods amid growing pressures on food and biodiversity.
Integrated with the 2024 Forestry Law, the Hub boosts transparency and aligns Cameroon’s conservation...
Inflation slowed to 10.1% in October from 10.3% in September
Lower prices for fruits, hotels, and travel helped curb overall inflation
Prices for vegetables, dairy, clothing, and energy remained higher
Egypt’s annual inflation rate fell slightly to 10.1% in October 2025, compared with 10.3% in September, according to data released on November 10 by the Central Agency for Public...
The company exercised its option to acquire 80% of Kouroufaba Gold.
The move strengthens its control over the Didievi gold project.
African Gold plans to accelerate exploration at Didievi and Konahiri.
African Gold announced on November 11 that it has exercised its option to acquire an 80% stake in Kouroufaba Gold in Côte d’Ivoire, under a 2021 agreement. The move marks a major step for...
FEDA injects $75 million into Spiro, Africa’s largest electric two-wheeler company, to fund expansion and battery infrastructure.
Spiro targets 100,000 e-bikes by end-2025, up from 60,000 today across seven countries.
Afreximbank aims to drive local production and technology transfer through this investment.
The Fund for Export Development in Africa (FEDA), the impact investment arm...