Nigeria's CBN mandates single-principal exclusivity for POS agents, effective from April 2026, which will end the use of multiple terminals from various providers. The reforms impose strict transaction caps, geo-fence all POS terminals to a fixed location, and make principal financial institutions fully liable. While agent income may decline and the market consolidates, the ultimate...

Ecofin Agency has entered into a strategic partnership with La Tribune Afrique under which it will handle both daily editorial production and advertising sales, including display and branded content. Drawing on a newsroom of 53 journalists across six African bureaus — Abidjan, Yaoundé, Cotonou, Lomé, Tunis and Kinshasa — Ecofin will publish around 15 exclusive articles a day covering...

Kenya’s Parliament passes Virtual Asset Bill to regulate crypto, awaiting Ruto’s assent for final approval. Law mandates VASP licensing, AML/KYC compliance, and consumer safeguards to boost trust and investment. Reform could attract FDI, create 10,000 fintech jobs, and make Kenya a regional blockchain innovation hub. In Kenya, the passage of the Virtual Asset Service Providers...

Nigeria launched a nationwide campaign to vaccinate 106 million children against measles, rubella and polio by 2026. The campaign will roll out in two phases, starting in 20 northern states at high risk before expanding nationwide in January 2026. Nigeria remains free of wild polio since 2020 but faces outbreaks of type 2 poliovirus, measles and rubella. Nigeria launched a campaign...

Ziauddin Yousafzai said 12 years of schooling for all Nigerian girls could add $100 billion annually to GDP. The World Bank’s AGILE program targets 8.6 million adolescent girls in 18 states, while the Malala Fund pledged $50 million over five years. Each additional school year boosts women’s income potential by nearly 10%, with broad economic and social...

Theta Gold Mines secured firm commitments from investors for $33.9 million to fund construction at its TGME gold project. The financing combines equity placements and a $10 million loan from private investors, adding to an existing $35 million IDC credit facility. TGME is designed to produce 1.24 million ounces of gold over 12.9 years, with updated feasibility studies...

ITCILO hosts digital skills program to support fair transitions in Africa ILO framework promotes basic to advanced digital competencies for jobs Unequal internet access deepens job inequality, ILO urges integrated policies The International Training Centre of the International Labour Organization (ITCILO) is hosting the Skills for Fair Digital Transitions in Africa program on...

AfDB highlights inland fisheries' role in West African food security Niger, Burkina Faso, Mali most dependent on inland fish supply Nigeria leads in volume but relies more on marine and aquaculture West Africa is home to the Sahel’s three major river basins, Lake Chad, the Niger River, and the Senegal River, as well as many coastal rivers and lakes that sustain vast inland...

Angola returns to markets with $1.5B Eurobond issuance Bonds target refinancing, part of $6B 2025 financing plan New debt priced near 10%; previous Eurobond issued in 2022 Angola returned to international bond markets on Tuesday, Oct. 7, 2025, with a Eurobond issue aimed partly at refinancing debt maturing in November 2025. The Southern African oil producer is looking to...

The expansion of fiber-optic networks across Africa is set to boost productivity, education, and digital inclusion. Yet the continent faces a paradox: while it now has ample international bandwidth, its domestic and urban networks remain underdeveloped. Strengthening governance, investment, and regional connectivity will be essential to turn these digital backbones into affordable, accessible...