• Gabon aviation regulator seeks suspension of new N7 passenger fee• Airlines told to halt payments; Gabon among highest-taxed markets• High fees raise ticket prices, hinder profitability, SAATM integration Gabon's National Agency for Civil Aviation (ANAC) has officially requested that "the High Authorities" suspend the N7 passenger security fee, which has been charged by airport security...

• Nigeria to turn Abuja stadium into culture, sports innovation hub• Project includes museum, arenas, markets, and youth creative center• Gov’t targets $100B GDP boost, 3M jobs from creative industries by 2030 Nigeria's Federal Ministry of Arts, Culture, Tourism, and Creative Economy and the National Sports Commission (NSC) signed a memorandum of understanding on Thursday to...

• African leaders meet in Addis for 2nd Africa Climate Summit• Aim: turn $26B 2023 pledges into concrete climate projects• Addis Ababa Declaration expected to guide Africa’s COP30 position African Heads of State are meeting in Addis Ababa this week for the second Africa Climate Summit (ACS2) amid high stakes. The first summit in 2023 generated significant momentum, with...

• Egypt unveils 2030 plan targeting 7% growth, 18% investment/GDP• Private sector share of investment to rise to 66% by 2030• Plan aims to create 1.5M jobs, boost competitiveness, reforms Egypt launched a new national economic development plan on Sunday, August 7, 2025, that aims for a 7% growth rate by 2030 and a total investment increase to 18% of its gross domestic product...

• Pan African Resources to move from AIM to LSE main market• Seeks greater investor access, no new shares to be issued• Targets 40% gold output growth, up to 292,000 oz in FY26 Pan African Resources announced on Monday its intention to transfer its listing to the main market of the London Stock Exchange (LSE). Previously listed on the alternative AIM market, which was created by the LSE...

• Angola’s BFA launches $239M IPO, largest in BODIVA history• Sale includes 4.46M shares, valuing bank at $801 million• IPO part of 2023–2026 privatization push to diversify economy Angolan bank Banco de Fomento Angola (BFA) began its local stock market listing process on Friday, September 5, as part of the country's 2023-2026 national privatization program (ProPriv). The...

• Lagos launches education needs assessment covering 1,238 public schools• Data-driven plan aims to improve learning outcomes, teacher support• 70% of Nigerian 10-year-olds face learning poverty, UNESCO/World Bank say The Lagos State government has launched the "Needs Assessment Project," a comprehensive operation covering 1,238 public primary schools, vocational centers, inclusive...

• Uganda, South Korea launch $4M rice seed project under K-Rice Belt• Tochi scheme to yield 13,000 tons of certified seeds yearly• Aims to cut imports; Uganda averaged 344,000 tons annually (2020–23) In Entebbe last Saturday, the Ugandan Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and its South Korean counterpart (MAFRA) launched the "Development of an African...

• Kenya partners with Visa to boost tourism via data, payments• Country saw 2.4M international visitors in 2024, up 15%• Sector forecast to hit $9.2B GDP contribution, 1.7M jobs in 2025 The Kenya Tourism Board (KTB) announced last week that it has partnered with Visa to develop marketing campaigns, facilitate payment accessibility, and encourage both cross-border and domestic tourist...

• Altvest plans $210M raise to adopt bitcoin as treasury asset• Would be Africa’s first listed firm to bet treasury on crypto• Seeks cross-border listings; crypto use rising 52% in region South African company Altvest Capital Ltd., which is listed on the Johannesburg Stock Exchange, plans to raise $210 million to buy bitcoin and make it its main treasury asset, its founder and...