Senegal signed new partnerships to turn major tech events into drivers of investment and job creation. The government aims to label over 500 tech startups and generate 150,000 direct jobs. Upcoming events include Dakar SLUSH’D, SIPEN, SALTIS, and NEXTEN Summit 2025.  Senegal is stepping up efforts to strengthen its digital economy by leveraging major technology events to...

African sovereign bonds gain 20.45% YTD, driving renewed investor demand and improved Eurobond market conditions. Key performers Ghana, Zambia, and Morocco post double-digit returns after restructurings and rating upgrades boost sentiment. Eurobond spreads narrow to 388 bps, lowest since 2019, as stable currencies and easing inflation support cheaper African debt. According to data...

Malawi’s telecom regulator launched a national broadband mapping system with support from the ITU and the European Union. The project aims to identify and fill coverage gaps to expand digital access between 2025 and 2028. Despite 75% 4G coverage, only 18% of Malawians actively used the Internet in 2023. The Malawi Communications Regulatory Authority (MACRA) has launched a...

Djibouti signed a $90 million financing agreement with the International Islamic Trade Finance Corporation (ITFC) to secure refined petroleum for electricity production. The funding supports Djibouti’s Vision 2035, targeting universal energy access and 100% renewable electricity generation. Around 70% of Djibouti’s electricity relies on hydro imports from Ethiopia,...

Nigeria's CBN mandates single-principal exclusivity for POS agents, effective from April 2026, which will end the use of multiple terminals from various providers. The reforms impose strict transaction caps, geo-fence all POS terminals to a fixed location, and make principal financial institutions fully liable. While agent income may decline and the market consolidates, the ultimate...

Ecofin Agency has entered into a strategic partnership with La Tribune Afrique under which it will handle both daily editorial production and advertising sales, including display and branded content. Drawing on a newsroom of 53 journalists across six African bureaus — Abidjan, Yaoundé, Cotonou, Lomé, Tunis and Kinshasa — Ecofin will publish around 15 exclusive articles a day covering...

Kenya’s Parliament passes Virtual Asset Bill to regulate crypto, awaiting Ruto’s assent for final approval. Law mandates VASP licensing, AML/KYC compliance, and consumer safeguards to boost trust and investment. Reform could attract FDI, create 10,000 fintech jobs, and make Kenya a regional blockchain innovation hub. In Kenya, the passage of the Virtual Asset Service Providers...

Nigeria launched a nationwide campaign to vaccinate 106 million children against measles, rubella and polio by 2026. The campaign will roll out in two phases, starting in 20 northern states at high risk before expanding nationwide in January 2026. Nigeria remains free of wild polio since 2020 but faces outbreaks of type 2 poliovirus, measles and rubella. Nigeria launched a campaign...

Ziauddin Yousafzai said 12 years of schooling for all Nigerian girls could add $100 billion annually to GDP. The World Bank’s AGILE program targets 8.6 million adolescent girls in 18 states, while the Malala Fund pledged $50 million over five years. Each additional school year boosts women’s income potential by nearly 10%, with broad economic and social...

Theta Gold Mines secured firm commitments from investors for $33.9 million to fund construction at its TGME gold project. The financing combines equity placements and a $10 million loan from private investors, adding to an existing $35 million IDC credit facility. TGME is designed to produce 1.24 million ounces of gold over 12.9 years, with updated feasibility studies...