Burkina Faso successfully raised $230.8 million (CFA131.355 billion) through a regional public bond offering. The issuance was oversubscribed at 109.5%, surpassing the initial target of CFA120 billion. The capital raised will support the financing of economic and social development within the country. The West African nation of Burkina Faso confirmed its strong appeal on the regional...

Kigali hosted Africa Blockchain Festival 2025, uniting 1,000+ investors, developers, and regulators to explore blockchain’s economic impact. Discussions focused on AI, financial inclusion, and transparency, highlighting how blockchain can advance Africa’s digital transformation. Startups in the sector raised USD 34.7 million in 2024, and participants called for stronger infrastructure and...

Sweden’s development-finance institution, Swedfund, is investing USD 10 million in Solar Saver as part of a USD 60 million equity raise. The funding will support Solar Saver’s deployment of distributed solar-and-battery installations in South Africa, Namibia, Botswana, and Zambia under rent-to-own and power-purchase agreements with no upfront cost to the client. Solar Saver says it now...

Changan partners with Yango to expand smart mobility in Africa and the Middle East. Yango Motors becomes the official distributor of Changan vehicles in West Africa, starting with Côte d’Ivoire. The partnership could reshape the ride-hailing market and accelerate electric mobility adoption in the region. Chinese automaker Changan Automobile has signed a strategic partnership with Yango...

UNHCR, ITU, and GSMA are expanding the Connectivity for Refugees initiative to connect 20 million forcibly displaced people and hosts by 2030. Chad hosts 1.5 million forcibly displaced people, mainly Sudanese. Initiative seeks $20 million in core support and $200 million in direct investment as connectivity becomes essential for displaced populations. The UN Refugee Agency...

Court issues arrest warrant for ex-oil minister Sylva over $14.86M fraud EFCC places Sylva on wanted list amid probe into failed refinery project Case highlights persistent corruption in Nigeria’s oil sector, key revenue source A Federal High Court in Lagos has issued a warrant for the arrest of Timipre Sylva, former Minister of State for Petroleum Resources (2019-2023) and...

MTN Business Botswana partners with Ethica to launch smart connectivity service New SDIA solution ensures seamless internet by switching between multiple links Targets business reliability amid rising demand for uninterrupted digital operations MTN Business Botswana, the enterprise division of the telecom operator, announced last week a partnership with Canadian tech firm Ethica. The...

TNM marks 30 years with $577M+ investment in network, tech, and expansion Plans include 5G rollout, rural coverage, solar tech, and AI innovation hubs TNM trails Airtel Malawi in subscribers, revenue, and net profit figures Telekom Networks Malawi (TNM) last week announced a series of initiatives to strengthen its network and improve service quality. The updates were shared during...

Senegal proposes $143M 2026 budget for digital economy, telecoms, and postal reform Funds target digital sovereignty, public service platforms, and communication upgrades Strategy supports national digital transformation and boosts ICT access, governance Senegal’s Minister of Communication, Telecommunications, and Digital Economy Alioune Sall presented his ministry’s 2026 draft...

Kenya launches “Dual Training” policy combining classroom and workplace learning Over 10,000 trainees enrolled in 100 institutions with 1,500 partner companies Reform aims to reduce youth unemployment and bridge skills gap in job market Kenya officially launched its national “Dual Training” policy on Thursday, November 6. The event took place at the Kiambu National Polytechnic...