Ghana advances 111 GWh solar rollout by 2026, easing energy pressures and accelerating rural electrification despite slow disbursements. German-backed solar factory could shift Ghana from importer to regional producer, anchoring a new industrial base for West Africa’s green economy. Renewables expand across Africa, but Ghana’s gains remain incremental; governance, tariffs and utility...

IPO attracts 81,466 subscribers, the largest in Morocco in a decade Offer oversubscribed 65 times, raising 750 million dirhams Funds to support super-app rollout, merchant equipment, and tech upgrades Moroccan fintech CashPlus attracted 81,466 subscribers for its listing on the Casablanca Stock Exchange. This makes it “the largest stock market operation of the past 10 years...

As West and Central African governments push to accelerate their digital transformation, the question of how to finance the necessary infrastructure has become central. Regional data centers, interconnected fiber networks, and public digital service platforms require billions of dollars each year and increasingly complex financing structures. Nathalie Kouassi Akon, IFC’s regional director for...

Bank secures 81.8 billion yen from regular and retail samurai bonds Over 100 Japanese investors participate amid strong demand for short maturities Issue follows JCR’s A- rating affirmation and growing engagement with Japanese markets The African Export-Import Bank (Afreximbank) has raised 81.8 billion yen (about $528 million) through a new samurai bond issue, the bank...

The government values the Nairobi–Mau Summit and Nairobi–Maai Mahiu–Naivasha highway projects at $1.54 billion. President William Ruto says the projects will create 15,000 jobs for young Kenyans. Kenya recently secured a $1 billion lease financing deal with Afreximbank to develop two special economic zones. Kenya advances its reform agenda to boost job creation...

Telecom operator launches KES40 billion medium-term bond program First KES15 billion tranche offered at a fixed 10.40% rate for five years Issue includes green bonds to fund projects with environmental impact Safaricom PLC has launched a new domestic medium-term bond program aimed at raising up to 40 billion Kenyan shillings (KES), about $309 million. The program opened...

The government will apply a 15% tax on all payments to foreign digital platforms starting Jan. 1, 2026. The measure targets major platforms such as Netflix, Spotify, Amazon Prime, ride-hailing apps, and Starlink. Zimbabwe counts 12.5 million Internet subscriptions in 2025, more than double the 2015 level, driving digital-service consumption. Zimbabwe prepares to tax foreign...

Transition president Horta Inta-A Na Man installed a 27-member government led by Prime Minister Ilidio Vieira, who also keeps the Finance portfolio. The cabinet remains mostly civilian but includes five military officers, tasked with restoring order after the 26 November military takeover. ECOWAS and the African Union have suspended Guinea-Bissau, urging a rapid return to...

The two countries signed two MoUs covering political consultations and academic cooperation. They also signed a bilateral military agreement to strengthen security and defense ties. The accords aim to deepen bilateral and multilateral cooperation across government and academic sectors. The Democratic Republic of Congo and Serbia signed two memorandums of understanding to...

President Daniel Chapo denies allegations of torture and killings by security forces protecting Mozambique LNG in 2021. The ECCHR has filed a criminal complaint in France accusing TotalEnergies of complicity in war crimes. The Mozambican government says investigations by the Prosecutor General and the National Human Rights Commission found no evidence supporting the...