• First investments from FFA 3 are expected in early 2026, according to AfricInvest Europe.• AfricInvest Europe targets 13 transactions with Franco-African Fund 3.• The fund reached €50m in its first closing, with a final target of between €100m and €150m. AfricInvest Europe, the French subsidiary of the pan-African investment group AfricInvest and licensed by the AMF...

• CBK plans a 57% cut in transfer fees by 2028, aligning with Safaricom’s M-Pesa 2.0 super-app rollout.• Lower fees aim to boost savings, but may squeeze 90,000 agents and reshape rural access.• Women stand to save KES 1.2 billion yearly, while rivals and the Treasury prepare for shifts in revenue and competition. The Central Bank of Kenya (CBK) has released a consultation paper...

The former IFC Vice President for Africa is tasked with expanding the fund's portfolio and attracting new institutional capital. The structure is already capitalized with $275 million. Africa50 Group announced on Tuesday, September 30, 2025, the appointment of Sérgio Pimenta to lead the Africa50 Infrastructure Acceleration Fund (Africa50 IAF). The 12-year private equity fund has already...

• India targets record 30M tons rice exports in 2025/26• Surplus supply expected to push global rice prices lower• Competitors Thailand, Vietnam, Pakistan face tighter margins Hopes for a short-term rebound in global rice prices are likely to be dashed as India, the world's largest exporter, sets ambitious shipment targets for the 2025/2026 marketing year. The Indian Rice Exporters...

• UBS Sees Gold At $4,200/oz By Mid-2026• Mali, Burkina Faso Already Adopt Progressive Royalty Systems• Rising taxes may boost revenues but risk deterring investment Swiss bank UBS projected in a note published Tuesday, September 30, that the gold rally could drive prices to $4,200 per ounce by mid-2026. Such a scenario would see the price of the metal more than double from its...

• WTO, World Bank finish pilot of Digital Trade for Africa• Project assessed e-commerce readiness in six African countries• Next phase to provide tailored technical support, reforms guidance The World Trade Organization (WTO) and the World Bank have concluded the pilot phase of their Digital Trade for Africa (DTA) project, an initiative aimed at boosting e-commerce development across the...

• President Rajoelina Calls For Résumés Via LinkedIn And Email• Move Follows Mass Youth-Led Protests Over Water, Power Crises• UN Reports 22 Dead Amid Clashes With Security Forces Malagasy President Andry Rajoelina dissolved his government on Monday and made an unprecedented public appeal for citizens, especially young people, to apply for ministerial posts. In a statement released...

• Vet’Tronic To Provide Microchip System For Livestock And Pets• Platform Aims To Boost Traceability And Health Monitoring• ASF Outbreaks Cost $35M Since 2015, Ministry Says Côte d'Ivoire's Ministry of Animal and Fishery Resources signed a partnership agreement on Monday with Vet'Tronic, a French company specializing in electronic animal identification using microchips. The...

• Funds To Support Pre-Feasibility Study And 35,000m Drill Program• Project Holds 1.7M Oz In Resources; Study Update Due 2026• Financing Boosts Parent Company Newcore Gold’s Liquidity To C$10.1M Canadian junior miner Newcore Gold announced on Monday that it raised C$3.8 million (about $2.7 million) after investors exercised outstanding warrants issued earlier this year. The new...

• Markabati DZ Lets Users Book Slots And Get QR Codes Online• Next Phase To Include Downloadable Conformity Certificates• Part of broader push to digitize public services nationwide Algerian authorities have launched Markabati DZ, a new digital platform to manage appointments for the mandatory compliance inspection of imported vehicles, the country's Ministry of Energy announced. The...