WAMU banks face rising NPLs despite credit growth; average provisioning of 61.8% falls short of international standards. Gross NPLs hit CFA3.442T (8.8% ratio); significant disparities exist, with Niger and Guinea-Bissau at high risk. Declining NPL coverage (61.8%) raises concerns about banking sector stability, especially in fragile states. Banks within the West African Monetary...

• Tunisia plans 52% aquaculture growth to 35,000 tons by 2030.• Investments in sector nearly doubled in 2025 vs 2024.• Aquaculture aims to ease strain on overfished wild stocks. Tunisia plans to boost aquaculture production by 52% to 35,000 tons by 2030, according to a U.S. Department of Agriculture (USDA) report. The initiative aims to ease pressure on wild fish stocks and support rising...

• Tunisia partners with China to boost student training, jobs• Huawei-led programs target AI, renewables, healthcare• Youth jobless rate at 39.2% highlights urgency of reforms Tunisia is leveraging its partnership with China to expand opportunities for students and boost job creation, as the North African nation struggles with a youth unemployment rate nearing 40%. Speaking at the...

• Babban Gona secures $7.5M BII funding for Nigerian farmers• Investment to expand finance, training, and climate-resilient agriculture• Goal to support 140,000 smallholders in northern Nigeria by 2029 Nigeria-based agricultural technology platform Babban Gona has received a $7.5 million investment from British International Investment (BII). The British development finance...

• Black Rock Mining to raise A$12M for Tanzania graphite project• Funds to start Mahenge mine works, full build costs at $225M• Project targets 340,000 t/y output, production expected from 2026 Black Rock Mining plans to raise up to A$12 million (about $7.8 million) to advance its Mahenge graphite project in Tanzania. The company announced Tuesday, September 2, 2025, that the...

• Critical One, Dark Star sign deal on Namibia uranium projects• Dark Star gains control; Critical One gets 18.5% stake, $760K• Projects in Erongo province include Cobra North, Khan West deposits Canadian mining companies Critical One Energy and Dark Star Minerals have reached a new investment agreement for the Cobra North and Khan West uranium projects in Namibia. According to...

• Africa counts 211 active data centers, with 46% located in South Africa, Kenya, Nigeria, and Egypt• Rising demand for hyperscale, cloud, and AI drives investments across key hubs• Africa still holds under 1% of global data capacity, showing large growth potential Africa has 211 operational data centers, but nearly half of them are concentrated in just four countries, according to a...

• Côte d’Ivoire secures €433M sustainability-linked loan with World Bank backing• Loan tied to renewable energy growth and forest restoration targets• Guarantees from IBRD and MIGA reduce investor risk, improve terms Côte d’Ivoire has signed its first sustainability-linked loan for 433.3 million euros (about $504.6 million) with Standard Chartered Bank. Announced Tuesday,...

• MTN and ZTE have launched a new technology in the Western Cape, consolidating multiple frequencies into a single compact unit for faster, greener 5G.• The system reduces tower equipment by 50%, cuts weight by 23%, and lowers wind resistance by 18%, boosting reliability.• With South Africa’s 5G market set to grow tenfold by 2030, these upgrades position MTN to scale amid fierce...

• New project targets rice farmers in Ghana’s middle belt regions• Backed by AGRA and the Agriculture Ministry, with focus on training and financing• Yields expected to rise 28% to 4.5 tons per hectare, reducing import dependence Ghana has launched a project called Enhancing the Competitiveness of Rice Production, Processing and Marketing in Ghana to support rice farmers in the...