Guinea signs partnership with Brazil’s Rio Verde to boost livestock output Over 2,000 purebred Brazilian cows to be introduced at Boké center Move aims to cut dairy imports averaging 9,373 tons a year Guinea’s Ministry of Livestock announced on February 16 it signed a partnership with Brazil’s Rio Verde Group to strengthen animal productivity and output, especially meat...

The fast-growing installment payment market is set to expand sharply across the continent, even as stricter licensing and compliance rules reshape competition and put pressure on smaller fintech firms. Africa's buy now, pay later (BNPL) market is expected to grow from $5.2 billion in 2025 to $16.8 billion in 2031, according to a report published on January 29, 2026, by market research...

Egypt to invest $4 billion upgrading six refineries Plan aims to boost capacity, cut fuel imports Output lags 840,000 bpd capacity, driving imports Egypt plans to invest $4 billion in six modernization and development projects at its existing oil refineries, Petroleum and Mineral Resources Minister Karim Badawi said on Monday. “The government has developed a strategy to...

The federal government signed a memorandum on Feb. 16, 2026 to establish Medipool as a national group purchasing organization for medicines. Authorities aim to cut treatment costs and improve supply chain efficiency after essential drug prices rose by up to 78% in the private sector. The government targets 70% local pharmaceutical production by 2030 and 60% local vaccine production by 2040...

Liberia expects to finalize a revised mining code within three months, according to Mines Minister Matenokay Tingban. The government plans to allow a national mining company to take stakes of 10–15% in projects, with a long-term target of 25%.  Mining exports accounted for 85% of $1.35 billion in extractive revenues in 2023, according to EITI data.  Liberia plans to...

NNPC signs gas cooperation MoU with China Gas, PCCS Deal covers LNG, gas-to-power, flaring commercialization Nigeria targets 12 bcf/d gas output by 2030 Nigeria's state oil company signed a memorandum of understanding with China Gas Holdings Limited and Peiyang Chemical Singapore PTE Ltd (PCCS) on Monday, local media reported. The signing ceremony was held at the Nigerian National...

Ghana timber exports fall 20% to 217,000 cubic meters Revenues drop 21% to 98.38 million euros ECOWAS demand rebounds despite global market slowdown Ghana exported 217,000 cubic meters of wood and wood products in 2025, a 20% decline from the 273,000 cubic meters shipped the previous year, according to data compiled by the Timber Industry Development Division (TIDD) in a report published...

Stakeholders discuss service standards, pricing transparency Move follows cooperation deal with Turkey’s regulator Somalia’s National Communications Authority (NCA) met telecommunications industry stakeholders on Monday to review a draft consumer protection regulation aimed at strengthening oversight of the fast-growing sector. The meeting, held Feb. 16, 2026, brought together mobile...

Senegal hosts regional satellite regulation training session Over 20 countries discuss rural connectivity, frameworks Africa faces 6% rural internet access rate Senegal hosted a regional training session on satellite regulation from Feb. 9-12, organized by the International Telecommunication Union (ITU), the World Bank Group and Smart Africa, in partnership with the country’s...

Qair secures MCB financing for Stor'Sun 3 solar project Plant combines 16.7 MW solar with 42.5 MW storage Commissioning set 2026 under 25-year power agreement Independent power producer Qair announced on Wednesday, Feb. 11, that it had signed a financing agreement with MCB Group for its Stor'Sun 3 solar project. Located in Balaclava, the project combines a 16.7 MW photovoltaic plant with...