African domestic debt issuance rose from $150 billion in 2010 to nearly $500 billion in 2024. Governments now raise over half of their financing on local markets instead of abroad. Rising local borrowing costs and refinancing pressures heighten fiscal risks. The value of debt issued by African countries on domestic markets increased from $150 billion in 2010 to...

The $11.5 million deal aims to boost Chad’s imports and food security. It brings Proparco’s total guarantees to Ecobank to €125 million since 2018. The initiative supports Africa’s broader trade finance and resilience goals. Ecobank and Proparco signed on November 3, 2025, a €10 million ($11.5 million) trade finance guarantee for Ecobank Chad during the Africa...

IMF staff concluded a review under the ECF and RST programs. The country will access $13.98 million following satisfactory performance. Growth is projected at 5.2% in 2025, with inflation near 2%. Cape Verde is set to receive $13.98 million from the International Monetary Fund (IMF) under its ongoing reform programs, according to Martin Schindler, head of the IMF mission. In a...

The AU and Global Fund signed an MoU to fight AIDS, tuberculosis, and malaria. The deal aims to strengthen health systems and boost local resource mobilization. It supports the AU’s 2030 goal to eliminate major diseases across the continent. The African Union (AU) and the Global Fund have signed a memorandum of understanding (MoU) to eliminate AIDS, tuberculosis, and malaria, while...

The draft “Digital X.0” law sets a legal framework for AI integration in Morocco. It focuses on data governance, digital identity, and interoperability. The reform supports Morocco’s “Digital 2030” strategy to boost innovation and trust. Morocco is preparing to equip its digital ecosystem with a comprehensive legal framework through the upcoming “Digital X.0” law, currently...

Aya Gold & Silver plans to invest $446 million in its Boumadine gold-silver project. The mine could yield 2.3 million ounces of gold and 69.8 million ounces of silver over 11 years. A feasibility study is expected by 2027 following an expanded drilling program. Canadian mining company Aya Gold & Silver estimates the construction of its planned gold and silver mine at Boumadine,...

NOC announces a new oil and gas discovery in northwest Libya’s Ghadames Basin. The Arabian Gulf Oil Company drilled the well, yielding 4,675 b/d and 2 million cubic feet of gas daily. The discovery strengthens Libya’s recovery efforts amid renewed exploration activity. Libya’s National Oil Corporation (NOC) announced on November 4 a new discovery of oil and gas in the Ghadames Basin,...

Tandem Bank offset 2024 emissions through carbon credits from solar projects in Kenya and Uganda. Africa’s share of the voluntary carbon market tripled between 2020 and 2024. Credits are increasingly funding clean cooking and off-grid electrification. British lender Tandem Bank announced in late October 2025 that it had offset all its 2024 operational emissions by purchasing over 3,300...

NNPC Ltd rules out an IPO for now, remaining fully state-owned. The oil company focuses on operational reforms and refinery rehabilitation. Market and regulatory uncertainties weigh on African energy listings. Nigeria’s state-owned oil company NNPC Ltd has suspended plans for a potential public listing, confirming it will remain entirely government-owned for the foreseeable future. The...

Azura plans a $21.4 million investment in Dakhla to expand agroindustrial operations. The move follows the UN Security Council’s endorsement of Morocco’s autonomy plan for Western Sahara. The project will boost production and job creation in Morocco’s southern provinces. The Franco-Moroccan agrifood group Azura announced on November 1 an investment of 200 million dirhams ($21.4...