• Share of African adults with a mobile money account rose from 27% in 2021 to 40% in 2024, the highest rate worldwide.• Savings through mobile money accounts doubled in three years, but digital lending remains stuck at 7%.• Regulatory caution, high interest rates, and limited trust are slowing mobile-based credit growth. The share of adults in Africa with a mobile money account grew from...

H1 2025 revenue soar to USD 631.9 mln despite lower -production. Average gold selling price rose 41% to USD 3,113/oz; sales volume down 15%. B2Gold targets 2025 output of 515,000 oz, boosted by Fekola Regional deposit. B2Gold Corp said on Thursday its Fekola gold mine in Mali posted revenues of USD 631.9 million in the first half of 2025, a 19% increase from USD 526.9 million...

Essakane mine output fell 28.7% in H1 2025 to 181,000 ounces on lower ore grades. Iamgold keeps 2025 target of 400,000–440,000 ounces, expects H2 rebound. Stake cut to 85%, Burkina Faso now holds 15%. The Essakane gold mine in Burkina Faso produced 181,000 ounces of gold in the first half of 2025, a 28.7% decrease from the 254,000 ounces produced a year earlier. This decline...

Starting from January 2026, civil servants' bonuses in Ivory Coast will increase from one third to two thirds of their base monthly salaries. The Ivorian government has prioritized increasing social spending, with 789.1 billion FCFA ($1.4 billion) used to finance the Government Social Program (PSGouv) by the end of September 2024. President Alassane Ouattara of Ivory Coast announced...

Niger State opened a 100-ton/day shea plant in Kudu, with plans to quadruple capacity and add a refinery. ₦2 billion deal signed to source nuts from women and youth collectors. Sector could earn $700 million annually, but exports were $14.6 million in 2023. Niger State Governor Mohammed Umaru Bago inaugurated a new shea nut processing plant in Kudu, Mokwa on Thursday,...

Angola and Vietnam signed agreements on Aug. 7, 2025, to boost cooperation in justice, agriculture, defense, media, and energy. Deals cover oil and gas, agricultural action plan, defense for veterans, media exchanges, and legal cooperation. Bilateral trade hit $260 million in 2024, mostly Angolan exports. Angola and Vietnam signed several agreements on Thursday, August 7,...

Backed by the Texaf Group, Silikin Village has, in just five years, become a key player in Kinshasa’s entrepreneurial ecosystem, offering 9,500 m² of fully equipped and connected workspaces. In this interview, its Executive Director in charge of innovation programs discusses the project’s strategic vision, support mechanisms, accessibility challenges, and the regional ambitions of this...

Abdul Samad Rabiu is now the richest investor on NGX, with ₦15.23 Trillion in BUA Foods and Cement, surpassing Dangote. Aliko Dangote’s NGX wealth is ₦9.48 Trillion from Cement, Sugar, and NASCON; his unlisted refinery boosts his net worth. Rabiu and Dangote’s ₦24.71 Trillion in NGX holdings make up 26.9% of the market, dominating manufacturing. Abdul Samad Rabiu became the...

Starlink lost 2,000 Kenyan users in Q1 2025, dropping to 17,066, as local ISPs grew 8%. High costs and 47 Mbps speeds drove users to cheaper, faster local providers like Safaricom. Regulatory fees and urban congestion challenge Starlink, despite rural connectivity gains. Starlink, the satellite internet service owned by Elon Musk's SpaceX, has seen a notable decline in its Kenyan...

• Cameroon processed 109,431 tons of cocoa in 2024-2025, up 27.7% from 89,672 tons.• National cocoa output hit 309,518 tons, with 35% processed domestically.• EU regulations and price premiums drive increased local cocoa processing. Cameroon processed 109,431 tons of cocoa beans during the 2024-2025 season, according to data released by Trade Minister Luc Magloire Mbarga Atangana on August...