• Kenya loses about $1.5 billion each year to corruption, according to the African Development Bank (AfDB).• President William Ruto approved the creation of a new Inter-Ministerial Anti-Corruption Task Force (MAT) on August 18, 2025.• Kenya ranks 121st globally on Transparency International’s 2024 Corruption Perceptions Index, scoring 32/100. Kenya loses an estimated $1.5...

• President Ruto projected 5.6% growth for 2025, higher than the Finance Ministry’s 5.3% and Central Bank’s 5.2% forecasts.• Kenya’s GDP slowed to 4.7% in 2024, down from 5.7% in 2023, due to weaker output in construction, mining, and agriculture.• Ruto said the new outlook shows resilience “despite global difficulties” such as tariffs and trade disruptions. Despite structural...

• MTN processed 11.1B MoMo transactions worth $212.2 in H1 2025, a 45.4% rise in value, with 63.2M active wallets.• The fintech arm’s carve-out is advancing, with 99.9% of MTN Uganda shareholders approving separation on July 22, 2025.• MTN aims to build a pan-African “super app,” competing with B2B players like Flutterwave and disruptors such as Chipper Cash. MTN Group is...

• Nigeria commissions a 40,000 m³ LPG tanker to expand regional gas exports.• WAGL’s fleet capacity rises to 162,000 m³, aiming for more frequent shipments across West Africa.• Regional infrastructure limits could hinder LPG distribution despite growing demand. Nigeria, sitting on Africa’s largest proven gas reserves, is moving fast to cash in. In June, it pledged to extend liquefied...

• The Group is seeing shifting earnings mix toward the rest of Africa in the medium term, led by East Africa scale and a pan-African model.• Competition will intensify with Standard Bank, Moroccan lenders, and Nigerian groups, as Nedbank exits ETI and FirstRand eyes Kenya.• Absa targets client-led delivery, cashless branche,s and a Dubai hub, with Africa Regions flagged as the group’s...

• Eskom opens bidding for 291 MW of solar power under long-term PPAs.• First renewable plants expected online by December 2027.• Coal still dominant at 82% of capacity, but shift toward 32 GW clean energy by 2040. Eskom announced on August 19 the launch of its first Renewable Energy Offtake Program, marking a strategic step in reshaping South Africa’s power mix. The tender invites large...

• President Biya authorizes CFA930 billion ($1.6 billion) in new borrowing.• Funds to finance 2025 projects and settle unpaid state bills (RAP).• Public debt reached CFA14,105 billion in June, up 1.8% year-on-year. Cameroon plans to raise CFA930 billion, about $1.6 billion, on domestic and international financial markets. Finance Minister Louis-Paul Motazé received authorization from...

• Algeria approves live sheep imports from Brazil• Move aims to offset drought-hit domestic production• Brazil seeks stronger agricultural trade with Algeria Algeria has authorized imports of live sheep from Brazil, the Brazilian Ministry of Agriculture announced in a statement on Tuesday. The move follows a bilateral sanitary and zoosanitary agreement between the two governments. For...

• Lindian approves Kangankunde rare earths mine investment in Malawi• Raises A$91.5M, secures $20M loan, Iluka signs offtake deal• Targets 15,300 t/y by 2026, expansion studies underway Lindian Resources announced on Wednesday a final investment decision for the construction of its Kangankunde rare earths mine in Malawi. The funding, which includes a 20 million loan from Iluka...

• Tokyo to commit $1.5 billion in impact investments at TICAD-9 in Yokohama.• Funds to target emissions reduction and sustainable development projects.• Backed by JICA and private finance, with focus on wind power and healthcare. Japan plans to mobilize $1.5 billion in impact investments to help African countries cut greenhouse gas emissions and achieve sustainable development...