• IFC plans to grant a $30 million loan to Banque El Amana, pending June 2025 board approval.• The funding will increase credit access for MSMEs, with 25% earmarked for women-led businesses.• The project includes a risk evaluation and follows BEA’s recent $11.25 million trade finance deal. Mauritania’s Banque El Amana (BEA) is expected to secure a $30 million loan from...

• Savannah Energy plans to boost production at Nigeria’s Uquo field to meet rising gas demand.• The company recently acquired SIPEC Nigeria in a $31.5 million transaction.• New drilling at Uquo North-East could unlock 154 billion cubic feet of gas reserves. Savannah Energy has announced plans to expand its natural gas operations in Nigeria following its recent acquisition of Sinopec...

• Uganda, South Sudan, and the Central African Republic launched a 1,100 km road project.• The corridor is intended to reduce trade costs, connect landlocked markets, and ease isolation.• Logistics inefficiencies currently inflate transport costs to up to 70% of goods’ value in the region. Uganda, South Sudan, and the Central African Republic (CAR) have officially launched a...

• Ghana is considering a strategic partnership with China to combat illegal fishing.• China remains the world’s top IUU fishing offender despite joining an international treaty.• Nearly 90% of trawlers operating in Ghana are reportedly Chinese-owned, despite restrictions. Ghana is seeking a strategic partnership with China to address long-standing structural problems in its fishing...

• Nigeria and Benin have deployed the SIGMAT system at the Sèmè-Kraké border to improve customs efficiency.• SIGMAT digitizes goods-in-transit processes, cutting wait times and reducing fraud.• The system strengthens the Abidjan-Lagos corridor and supports ECOWAS integration goals. Nigeria and Benin have officially launched the Interconnected System for the Management of Goods in...

This development underscores Ghana’s growing emphasis on digital sovereignty, consumer protection, and structured engagement with global tech players as part of its broader digital transformation agenda. Ghana’s Minister for Communication, Digital Technology, and Innovations, Hon. Samuel Nartey George, has issued a one-month deadline to satellite internet provider Starlink to meet key...

Cairo has launched the operational testing phase of a 35km BRT segment with 14 stations. The corridor is part of a 110km network designed to improve urban mobility and reduce congestion. The BRT will integrate with metro lines and support Egypt’s broader transit modernization efforts. Cairo has launched the testing phase for the first segment of its Grand Bus Rapid Transit...

Morocco will generate 25,000 jobs through a new energy and water infrastructure deal. Over 10,000 of those jobs will be permanent once construction is complete. The project supports Morocco’s push to lower unemployment and modernize key sectors. Morocco will create 25,000 jobs through a new partnership focused on building energy and water infrastructure. The agreement...

Algeria may establish a National Sugar Office to manage output, demand, and exports. The new Tafadis refinery in Boumerdès can produce 2,000 tons of sugar daily. With sugar demand second only to Egypt in Africa, Algeria aims to reduce imports and stabilize the market. Algeria is weighing the creation of a regulatory authority for its sugar industry to improve oversight and...

"Before, farming was an unattainable dream. Today, I feed my children from the land." These words from Assia Obakar Hassan, a mother from the village of Kalaf, epitomize the profound transformation benefiting part of rural northern Djibouti thanks to a regional project implemented by the Intergovernmental Authority on Development (IGAD) with funding from the African Development Bank through the...