Togo exports rise 14.6% to 249.1 billion CFA francs India top buyer, driven by phosphate shipments Trade deficit widens as imports reach 505 billion CFA Togo's exports reached 249.1 billion CFA francs ($411 million) in the third quarter of 2025, totaling 1.03 million metric tons, according to official data from the National Institute of Statistics and Economic and Demographic Studies...

Dangote refinery reaches full 650,000 bpd capacity First single-train refinery to hit nameplate output Output could cut imports, save $10 billion annually Nigeria's Dangote refinery reached its full nameplate capacity of 650,000 barrels per day, the facility said in a statement dated Wednesday, Feb. 11. The refinery said it was the first in the world to achieve such production levels...

IFC considers up to $8 million in Aruwa Fund II $50 million fund targets Nigerian, Ghanaian SMEs Focus on women-led firms in underserved sectors The International Finance Corporation (IFC), the World Bank Group's private sector division, is considering investing up to $8 million in Aruwa Capital Fund II (ACF II), a private equity vehicle targeting small and medium-sized...

Ecobank appoints Rebecca Mbithi CEO of Kenya unit She succeeds Josephine Anan-Ankomah, pending CBK approval Pre-tax profit rose to 734 million shillings by Q3 2025 Ecobank Group on Wednesday, Feb. 11, 2026, formally announced the appointment of Rebecca M. Mbithi as chief executive officer of its Kenyan subsidiary. She assumed her duties on Feb. 9, 2026, pending final approval...

With 60% of companies already adopting AI and many others set to follow suit, the role of AI model trainer is becoming essential. These specialists are critical to ensuring system reliability and performance, creating significant career opportunities for talent worldwide. AI model trainers play a crucial role in teaching digital systems. They prepare and annotate data, evaluate model responses,...

Zimbabwe projects at least 8.5% growth in 2026 Forecast follows IMF staff-monitored reform program Inflation below 10%, reserves exceed $1.2 billion Zimbabwe's economy is projected to grow by at least 8.5% in 2026, its fastest pace in 14 years, buoyed by reforms under a recently concluded Staff-Monitored Program with the International Monetary Fund. George Guvamatanga,...

Vista acquires 99.99% of Saham Assurances Niger Company rebranded as Vista Assurances Niger Deal marks entry into Niger’s small insurance market Vista Group Holding, a pan-African financial services group founded by Burkinabe entrepreneur Simon Tiemtoré (photo), announced on Thursday, February 12, 2026, that it has completed the acquisition of 99.99% of Saham Assurances Niger...

Companies with CFA5B+ revenue must establish headquarters in country Telecom operators Moov, Orange, Telecel affected by decree Firms have 36 months to complete construction Burkina Faso’s government adopted a decree on February 12 requiring large companies with annual revenue of at least CFA5 billion (about $9 million) over the past three fiscal years to build their...

CNNC unit to invest up to $321.5M in Bannerman’s Etango project Deal includes right to buy 60% of future uranium output Move expands China’s uranium footprint in Africa Australian company Bannerman Energy announced on Thursday, February 12 that it signed an agreement with a subsidiary of China National Nuclear Corporation (CNNC) to establish a joint venture to develop the...

ARE grants CrossBoundary Energy approval for production and sales Project includes 222 MWp solar plant and 526 MWh battery storage Mine to secure 30 MW continuous renewable power supply The Electricity Sector Regulatory Authority (ARE) of the Democratic Republic of Congo said on February 11 that it granted two favorable opinions in early January to CrossBoundary Energy for a solar...