• GoviEx, Tombador merge to form uranium-focused Atomic Eagle• Deal brings ASX listing, up to $15.8M in funding• New leadership to advance Zambia's Muntanga uranium project GoviEx Uranium is bolstering its leadership team and project funding through a reverse takeover of Tombador Iron, an Australian Securities Exchange-listed company, to create a new entity named Atomic Eagle. The...

• Egypt approves launch of first fully digital bank, Onebank• Aims to boost financial inclusion for unbanked population• Operations to start in 2026, pending final inspection The Central Bank of Egypt (CBE) has granted initial approval for the creation of the country's first fully digital bank, a move aimed at boosting financial inclusion in the densely populated nation where less than 40%...

• 5G seen as key to handling Africa’s data surge• 5G promises high-speed data, but rural access still lags• Cost, infrastructure, and device prices hinder mass adoption Morocco has announced an investment plan of $8.9 billion to deploy a nationwide 5G network, joining nearly 30 other African countries that have already begun commercial rollout of the technology. While the fifth...

Cameroon authorized $1.039B in external borrowing from international private lenders to fund projects and clear arrears. The financing is part of a $1.67B package for 2025, split between commercial banks, private placements, and domestic markets. Heavy reliance on costly commercial debt raises refinancing risks as maturities cluster over the next three to five years. Cameroon has...

• Algeria and Occidental Petroleum signed study agreements on El Ouabed and Dahar.• The studies will assess hydrocarbon potential before any direct exploitation.• Hydrocarbons account for 83% of Algeria’s exports and 47% of budget revenues. Algeria has taken a new step in its energy cooperation with U.S. company Occidental Petroleum. On August 17, 2025, the National Agency for...

• Tanzania and Burundi begin construction of a $2.15 billion cross-border railway.• The 240 km line will cut Dar es Salaam–Bujumbura cargo trips from 96 to 20 hours.• Project seen as strategic for trade growth, with future extension toward the DRC. Tanzania and Burundi officially launched the construction of a modern railway line on August 16, 2025, linking Uvinza in Tanzania to...

• Inflation slowed for the third straight month, dropping from 23.71% in April to 21.88% in July.• Food inflation fell sharply year-on-year, from 39.53% to 22.74%.• Government wage hikes and tax suspensions on key staples helped curb price pressures. Nigeria has recorded a steady fall in inflation since April 2025, when the rate peaked at 23.71%. By July, inflation eased to 21.88%, down...

• Africa’s private equity market is shifting as exits increasingly involve sales between funds rather than IPOs or strategic buyers.• Q2 2025 saw 147 transactions, with mega deals rebounding, but insiders stress mid-sized peer-to-peer trades drive real momentum.• Peer-to-peer acquisitions are creating new liquidity corridors, signaling growing maturity and resilience in Africa’s...

• Insurers and reinsurers must comply with new capital requirements within 12 months or lose licenses.• Life, non-life, and reinsurance companies face steep hikes in minimum capital, up to ₦35 billion.• Despite strong revenue growth, Nigeria still contributes only 2.1% of Africa’s total insurance premiums. Nigeria, Africa’s most populous country, still lags in insurance, contributing...

• The government set a minimum farm gate price for shea nuts at CFA250 CFA ($0.44) per kilogram.• The government suspended raw shea nut exports to boost local processing.• Over 152,000 women in Ivory Coast earn incomes from the shea sector. Ivory Coast, part of the so-called "shea belt" alongside Nigeria, Mali, and Burkina Faso, remains a key global supplier of shea nuts. The 2025/2026...