• Algeria’s INATEL to export 2M POS terminals to Nigeria• $300M deal signed at IATF 2025, may double next year• Project supports AfCFTA trade, digital finance expansion in Nigeria Algeria's INATEL, a subsidiary of the National Telecommunications Company (ENTC), has partnered with China's Morefun Electronic Technology to produce and export two million electronic payment terminals to...

• L’Africaine de courtage launches in Gabon amid market downturn• Gabon’s insurance revenue fell 54.6% in Q1 2025• Firm aims to boost broker role, led by industry veterans L’Africaine de courtage, a new insurance brokerage firm, officially launched its operations on Saturday, September 6, in Akanda, Gabon. Founded by Prisca Koho Nlend, the company aims to strengthen the role of...

• LINX to manage Asteroid’s IXPs in Mombasa, Nairobi• Migration of networks to LINX hubs set by end-2025• Move supports LINX’s broader African digital expansion strategy The London Internet Exchange (LINX), an operator of internet exchange points (IXP), announced Monday, September 8, a new cooperation agreement with Asteroid, a global IXP incubator. LINX will take over the management...

• Gabon proposes $13B budget for 2026, up 72% from 2025• Shift to zero-based budgeting to prioritize impactful spending• Budget supports economic reforms amid slowing growth forecasts The Gabonese government is proposing a budget of approximately 7.23 trillion CFA francs ($13 billion) for 2026, a significant 72% increase over the 2025 budget of 4.20 trillion CFA francs, according to a...

As a relatively small issuer in the West African Economic and Monetary Union (WAEMU) market, Benin is surprisingly borrowing at more favorable terms than its larger neighbor, Côte d'Ivoire, which is considered the regional benchmark. Its highly sought-after debt is attracting significant investor interest. How could that be? Benin raised 33 billion CFA francs ($59 million) through a 91-day...

• Ghana to introduce biometric-linked SIM law to fight fraud• Mobile money fraud made up 20% of 2023 financial scams• New system to boost data security, traceability, and trust The Ghanaian government plans to introduce a new legal framework for SIM card registration to combat the rise in mobile money fraud, Minister of Communication, Digital Technology, and Innovations Samuel Nartey...

• Ghana cashew processors target 85,000 tons annually by 2026• 2024 processing was 45,360 tons, just 18% of harvest• ACPG seeks government support, financing, and energy subsidies The Cashew Processors Association of Ghana (ACPG) aims to boost the country's annual cashew processing volume to 85,000 tons by 2026, ACPG President Antonio Manuel Caramelo Raposo announced in a statement to...

As Africa's digital revolution accelerates, telecommunication towers face mounting challenges from their reliance on diesel power. Rising costs, frequent network outages, and environmental impact are making the transition to renewable energy solutions a necessity. More than half a million telecommunication towers across Africa remain dependent on diesel for power, hindering digital...

• WAEMU banks focus lending on commerce, services, manufacturing sectors• Commerce leads with over $22B in short-term credit• Senegal records highest credit volume, driven by infrastructure, energy  Banks in the West African Economic and Monetary Union (WAEMU) are channeling most of their financing into three key sectors: commerce, community and household services, and...

• Africa holds vast solar and wind resources that can drive sustainable power generation but must manage ecological risks.• The International Renewable Energy Agency (IRENA) proposes six “nature-positive” planning principles tailored for Africa.• Successful case studies in Morocco, Mali, Gambia, and Sierra Leone show how renewables can balance energy access with ecosystem...