Burundi adopted a national e-commerce regulatory guide and a national e-commerce development strategy on 28 November. Statista projects the country’s e-commerce revenue to reach $78.38 million in 2025, with an annual growth rate of 14.5% to 2030. The African e-commerce market is expected to hit $112.73 billion by 2029, highlighting regional opportunities for Burundian...

Eskom forecasts $937M profit for FY2026 after strong first-half results Fewer blackouts, lower finance costs, and tariff hike boost performance Utility plans $17B investment to upgrade grid and expand capacity to 107 GW South African state power utility Eskom said it expects to post a second consecutive annual profit. The company forecasts an after-tax profit of about 16...

Nigeria’s Q3 2025 GDP grew 3.98%, slightly below previous quarter’s 4.23% Non-oil sector led growth; oil sector slowed sharply from Q2 surge New reforms and 2030 GDP plan aim to boost long-term economic stability Nigeria’s economy grew 3.98 percent year on year in the third quarter of 2025, the National Bureau of Statistics (NBS) said on Monday, slightly higher than the 3.86...

China’s SHICO signals intent to fund 60% of Genmin’s Gabon iron project Follows earlier $250M financing offer from Sinohydro, part of PowerChina Baniaka targets 2026 output; Gabon to hold up to 35% project stake Genmin Limited said on Monday it has received a letter of intent from Chinese industrial firm Sino-Hunan International Engineering and Development (SHICO). The document...

UK and Netherlands withdraw $2.2B support over rights abuse concerns Allegations link security forces guarding TotalEnergies LNG site to war crimes Project restart hinges on budget approval, legal clarity, and funder confidence The UK and the Netherlands have withdrawn a combined 2.2 billion dollars in support for the TotalEnergies-led Mozambique LNG project. The decisions followed...

“Daandè Liptako” to broadcast from Ouagadougou with relays in Bamako, Niamey Station aims to counter disinformation and promote AES regional sovereignty The foreign ministers of Burkina Faso, Mali and Niger signed a memorandum of understanding last week to create a confederation-wide radio station. The station, named “Daandè Liptako” (“The Voice of Liptako” in Fulfulde), was...

“Best of Ethiopia” auction to connect producers with high-end global buyers New body aims to improve quality, traceability, and sector sustainability Ethiopia’s coffee industry is stepping up efforts to expand the production of higher-grade beans. The new Specialty Coffee Association of Ethiopia (SCAE) was launched on Tuesday at a ceremony attended by officials from the agriculture...

Two-phase project targets 90,000 tons output; $160 million funding needed Project valued at $1.08B; aims to diversify graphite supply beyond China Blencowe Resources published a definitive feasibility study on Monday for its Orom-Cross graphite project, which is set to become Uganda’s first graphite mine. The British company outlined a two-phase development plan, with initial...

New office to serve six West African countries including Côte d’Ivoire Launch follows shareholder exits; EBID silent on governance implications The ECOWAS Bank for Investment and Development (EBID) opened its first regional office in Abidjan on Monday, a move the institution says will bring it closer to member states and speed up project delivery. The launch follows a May 2025...

Ethiopia’s ESX is not hindered by slow IPOs but by the deeper challenge of building a market culture that matches its emerging-market institutions. Investors lack trust, not capital; credible, transparent early IPOs—not higher listing counts—will determine the ESX’s long-term success. Ethiopia is undergoing a structural shift toward transparency and market discipline; the ESX’s...