• Government to issue ₦80 billion in bonds through two tranches• Highest yield: 19.30% on four-year notes due April 2029• Bonds tradable, tax-exempt for some investors, and government-backed Nigeria’s federal government will raise ₦80 billion (about $52 million) by issuing bonds on July 28, the Debt Management Office (DMO) announced on July 23. Settlement is scheduled for July...

As AI reshapes global digital ecosystems, Africa is stepping forward to claim its stake. With limited representation in global AI systems—especially in local languages, datasets, and connectivity realities—there’s growing urgency to build solutions rooted in the continent’s unique contexts. Google has announced a $37 million commitment to strengthen research, education,...

• Only Seychelles, Mauritius, and South Africa rank in the global Top 50 for passport power.• Seychelles passport provides visa-free access to 156 destinations, the highest in Africa.• Eritrea, Libya, and Somalia hold the bottom spots in Africa, with the fewest visa-free destinations. The Henley Passport Index ranks the world’s passports by the number of places holders can visit without...

With a new international airport and plans for an aeronautics academy, Angola deepens ties with Ethiopia to strengthen air transport, support tourism, and drive economic diversification. Highlights: ● Angola and Ethiopia sign air transport cooperation deal in Luanda● Plans include local aviation training, airport–rail links, and revitalization of TAAG● The agreement supports AU’s...

Production declines at Sentinel mine offset gains at Kansanshi; company eyes rebound with new processing plant. Highlights: ● First Quantum’s Zambian copper output fell to 170,116 t in H1 2025, down 9% YoY from 188,800 t.● Sentinel mine posted a sharp 23% drop; Kansanshi rose 10% thanks to early ramp-up gains.● Despite setback, annual target of 360,000–420,000 t remains unchanged...

Rail weakness pushes freight to roads, intensifying pressure on the highway network. Highlights: ● SANRAL gets R7 billion loan from BRICS' New Development Bank to modernize N1, N2, and N3 routes.● Implementation stalled pending a sovereign guarantee amid toll revenue concerns and SANRAL debt.● Rail failures shift freight to roads, raising maintenance costs and threatening long-term...

The five-year deal allows Gambia to access liquidity without depleting foreign reserves or increasing debt. Highlights: ● Afreximbank to provide $75M in USD under a five-year currency swap agreement● Funds will finance rural-urban road links via the National Roads Authority● Oakwood Green Africa to offer technical support for bond-backed transaction The African Export-Import Bank...

The credit line, 50% guaranteed by the EU, will expand access to finance for women-led and climate-resilient agricultural businesses in East and Southern Africa. Highlights ● $10M loan from Swedfund to support MSMEs in Kenya, Uganda, Tanzania, and Zambia● Targets women entrepreneurs and climate-resilient agricultural SMEs● Platcorp disbursed $306M in MSME loans in 2024,...

Tripoli pitches major investment plan to Washington, targeting energy, minerals, and telecoms in a bid to attract U.S. capital and stabilize the country. Highlights: ● Libya’s unity government unveiled a $70 billion investment portfolio to U.S. officials, spanning energy, infrastructure, and telecoms.● The plan was presented to Donald Trump’s Africa advisor, Massad Boulos, during...

• Russia-Togo military pact nears ratification; joint drills, training, intel, free medical aid included• Togo turns to Moscow amid northern jihadist surge as French-US influence fades in Sahel.• The deal may unsettle ECOWAS; Lomé stresses the importance of multipolar diplomacy, anchored by its deep-water port. Russia’s legislative committee approved a bill on July 22, to ratify a...