• Nigerian oil unions reject plan to sell NNPC JV assets• Say divestment threatens revenue, jobs, and sector stability• Unions warn of possible action; government yet to respond Nigerian oil unions are strongly opposing a federal government proposal to sell off portions of its joint venture (JV) oil assets currently managed by the Nigerian National Petroleum Company Limited (NNPC...

• Benin approves 2025–2029 jobs plan to boost youth employment• Strategy targets underemployment, informal work, and skills gaps• Backed by budget, performance metrics, and stakeholder input Benin has officially approved the National Employment Agency's (ANPE) 2025-2029 strategic plan, according to a summary from the Council of Ministers meeting on Wednesday, Sept. 24, 2025. The plan...

The first woman to hold the position of Governor of the Central Bank of Mauritius, she takes the helm of the institution following internal tensions. Her second Deputy Governor is Ramsamy Chinniah, a veteran chartered accountant. Economist Priscilla Muthoora Thakoor has been appointed governor of the Bank of Mauritius for a three-year term beginning Sept. 29, 2025, the Mauritian presidency...

• Visa hosts compliance forum to strengthen Cameroon's financial system• Focus on AML, digital ID, and AI to boost trust, security• Aims to align African compliance with global investor standards Global digital payments giant Visa convened banks, fintech companies, and institutional partners in Douala on Monday, Sept. 22, 2025, for its Visa Compliance Forum. The meeting’s goal was to...

Ramaphosa urges AGOA renewal to fight youth job crisis South Africa sees 62.4% youth unemployment in early 2025 Calls for U.S. ties, trade, and skills to boost opportunities South African President Cyril Ramaphosa called for the renewal of the African Growth and Opportunity Act (AGOA), stressing its critical role in supporting jobs amid a national youth unemployment crisis....

Morocco to launch D4SD Hub for Arab-African digital growth Talks held with Meta, UN to boost AI, skills, cooperation Initiative aims to drive public services, tackle development gaps Morocco is slated to launch its Morocco Digital for Sustainable Development (D4SD) Hub this Friday, Sept. 26, establishing a center for digital transformation that will serve Africa and the Arab...

Gabon launches drive to clear domestic debt backlog Firms must submit verified claims by Sept. 30 deadline Plan aims to restore fiscal order, boost business confidence Gabon's government has launched an extensive operation to regularize domestic debt owed to private businesses, which accumulated between 2022 and 2025. The Economy and Finance Ministry announced the drive, stating...

Mastercard teams up with SmileID to roll out secure digital identity solutions The deal integrates SmileID’s verification tools into Mastercard’s ecosystem Partnership aims to fight identity fraud and boost digital inclusion across Africa US payments operator Mastercard announced on September 25 a new partnership with SmileID, a pan-African start-up specializing in digital...

Eni sold 30% of its Baleine project stake to Swiss energy trader Vitol Eni keeps 47.25% and Petroci retains 22.75%, with Eni staying operator Baleine field, producing since Dec. 2024, could reach 150,000 bpd at full phase In Côte d’Ivoire, Italian oil and gas group Eni has finalized the sale of a 30% stake in the producing Baleine oil project to Swiss energy trader Vitol,...

UBA’s CFA zone subsidiaries offset naira weakness, delivering a consolidated gain of ₦364bn ($ 243 million) from a 10% depreciation, while the Nigerian parent alone posted a ₦33bn loss. The CFA franc peg to the euro provides rare monetary stability, making Côte d’Ivoire and Cameroon key anchors compared with more volatile markets such as Ghana and Kenya. UBA’s risk balance...