Standard Chartered Zambia raised its capital to 520 million kwachas (about $27.5 million) through a bonus share issue, without raising new funds. The move complies with new central bank rules requiring foreign banks to hold at least 520 million kwachas in capital. The increase comes as the group scales back retail operations in Zambia and refocuses on priority markets in Asia and...

Senegal’s Gamers Association and the Digital Ministry signed a partnership to organize Efest Africa in Dakar. Senegal’s video game market reached an estimated CFA49 billion ($88.5 million) in 2025, with 1.7 million regular players. The government aims to position Dakar as an African innovation hub under its New Deal Technologique strategy. The Senegalese Gamers...

Hayat DHC will invest 13.4 billion Algerian dinars ($103 million) to build a paper products plant in Relizane. The facility will produce 70,000 tonnes of jumbo paper rolls and more than 44,000 tonnes of tissue and hygiene products annually. The project will create 960 direct jobs and aim to reduce Algeria’s import bill. Turkey’s HAYAT DHC will build a new paper products...

Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) after Ramadan. The TSGP would transport 20–30 billion cubic meters of Nigerian gas annually to Europe via Algeria’s Mediterranean infrastructure. Morocco advances a rival $25 billion Nigeria–Morocco pipeline with a projected capacity of up to 30 billion cubic meters per...

B2Gold expects up to 460,000 ounces of gold production in Mali in 2026, down 13% year-on-year. Mali holds 35% of Fekola Regional, compared with 20% in the main Fekola mine. Fekola generated $1.74 billion in revenue in 2025, up 83% year-on-year. Canada’s B2Gold expects to produce up to 460,000 ounces (14.30 tonnes) of gold in Mali in 2026. The company forecasts a 13%...

The Orange Foundation Côte d’Ivoire allocated CFA60 million ($108,000) for the 2026 Ramadan and Christian Lent caravan. The foundation mobilized more than CFA317 million ($570,000) between 2022 and 2026 to support vulnerable Christian and Muslim communities. Nearly 40 churches and mosques across the country will receive food and non-food donations. The Fondation Orange Côte...

ANADER adopted a CFA167.42 billion ($300 million) strategic plan for 2026–2030. The plan targets higher yields in rice, cassava, maize, horticulture and livestock. Côte d’Ivoire imported $2.89 billion in agricultural and food products between 2021 and 2023. The National Agency for Rural Development Support (ANADER) announced on February 17 that it adopted its new...

Morocco, AXA sign digital skills and AI partnership Deal covers training, R&D, internships in tech fields Supports plan to train 100,000 youths annually by 2030 Three Moroccan ministries signed a partnership agreement with French insurance group AXA on Monday in Rabat to strengthen national capabilities in data, artificial intelligence and digital technologies. The agreement, signed by...

Tshisekedi’s $50 million for MIBA awaits recapitalization deal ASA Resource must contribute $12.5 million to maintain stake Funds to support $70 million plan targeting 2.5 million carats The $50 million promised by President Félix Tshisekedi in December 2024 to relaunch Société Minière de Bakwanga (MIBA) is available. André Kabanda, the company’s director...

Five southern African countries plan one-stop border posts Ministers review PPP financing model with DP World, AfCFTA Project aims to cut transit times, lower trade costs The Democratic Republic of Congo, Zambia, Mozambique, Zimbabwe and Botswana are developing a financing model for the construction of one-stop border posts. On Feb. 18, 2026, trade ministers from the five countries...