• Global carbon pricing reached $103 billion in 2024, down from $106 billion in 2023, with the EU and China leading.• South Africa’s carbon tax increased to 236 rand per tonne in 2025.• Ghana transferred 11,733 ITMOs to Switzerland in 2025, a first for Africa. Global carbon pricing revenues reached $103 billion in 2024, down slightly from a record $106 billion in...

• Yunus Group opens Ivory Coast unit to finance projects, launch Yunus Pay. • Plans Ghana and Nigeria expansion with energy and digital partnerships. • Operates in 12+ countries; aligns with BCEAO’s PI-SPI platform Yunus Group, a Cameroonian financial services firm, is expanding its footprint in West Africa with a new subsidiary in the Ivory Coast, a strategic move to tap into the...

• Gold Fields’ gold production in Ghana fell 10% in the first half of 2025 to 284,600 ounces.• Damang mine, in its final year of life, could see an extension under a new agreement with the Ghanaian government.• Gold Fields forecasts lower output at both Tarkwa and Damang in 2025, aligned with its stripping and stockpile programmes. Gold Fields, Africa’s largest gold producer, reported...

• First Quantum will no longer sell minority stakes in its Zambian copper mines, Sentinel and Kansanshi.• The company recently secured a $1 billion streaming deal with U.S. firm Royal Gold Inc. on Kansanshi’s gold output.• The decision comes as exports resume at its closed Cobre mine in Panama, though production remains halted. First Quantum Minerals has decided to keep its stakes...

• Cybercrime makes up over 30% of reported offenses in West and East Africa.• Financial losses from 2019 to 2025 estimated at more than $3bn.• Top threats are scams, ransomware, BEC fraud, and sextortion. Published in June, Interpol’s Africa Cyberthreat Assessment Report shows that more than two-thirds of its African member states see technology-driven or technology-enabled crime as...

• Air Mauritius posted a net profit of MUR 252.7m in Q1 FY2025/26, its best first-quarter result in nine years.• The airline faced 24 AOG incidents, including an eight-week A330neo grounding, adding MUR 139.2m in disruption costs.• Talks continue on a strategic partnership, with Qatar Airways seen as a contender, as the carrier targets break-even this fiscal year. Air Mauritius started its...

Egypt and UNECA launched a five-day workshop in Cairo to strengthen maritime tax audits and IFRS-based compliance. The move follows a sharp 2024 Suez Canal revenue drop and targets a two-point rise in tax-to-GDP under Egypt’s IMF plan. Training covers IFRS audits, VAT issues, cross-border cases, and consistent enforcement across tax offices. Egypt launched a comprehensive...

Premium Trust Bank met Nigeria’s ₦200bn capital rule seven months early, equal to about $133m at current rates. Wema Bank, Stanbic IBTC, Ecobank, Lotus, and Jaiz have also complied, while UBA is close at ₦355.2bn. Legacy banks like First Bank, GTBan,k and Union Bank are still fundraising amid tough markets and currency volatility. Three-year-old Premium Trust Bank has...

Egypt’s handset market is projected to leap from $2.5 billion in 2025 to $4.8 billion by 2031. Local factories now assemble Samsung, Oppo, Xiaomi, Vivo and Nokia, cutting finished-phone imports by 97 percent. Currency weakness and high inflation are driving demand for sub-$150 smartphones made in Egypt. Egypt’s mobile handset market sales are forecast to climb from an...

Libya’s NOC to launch first USA–Libya Energy Forum to attract U.S. investment. Tripoli targets 2m bpd output by 2028, production hit 1.38m bpd in August. Nigeria faces structural hurdles as it seeks OPEC quota hike to 2m bpd by 2027. Libya’s state-owned National Oil Corporation (NOC) said on Sunday it will organize the first USA–Libya Energy Forum, with the date yet to be...