The European Union (EU) officially delivered a fleet of 40 vehicles to the Armed Forces of Côte d'Ivoire (FACI) on Tuesday, February 3, 2026. The move aims to sharpen the military's operational readiness against terrorist threats while enhancing civilian protection in sensitive regions. The delivery consists of 34 troop carriers, three double-cab pickups, and three Iveco tow trucks. While...

Labeled start-ups can list on the Algiers Stock Exchange without IPO fees The measure applies to capital raises of up to DZD500m between 2026 and 2028 Authorities aim to channel more start-ups toward equity financing Algeria has introduced a temporary incentive allowing labeled startups to raise funds on the Algiers Stock Exchange without paying IPO-related fees, as part of...

Starlink has launched commercial satellite internet services nationwide Monthly subscriptions range from CFA22,000 to CFA30,000, excluding equipment The service targets underserved areas amid uneven mobile network coverage Starlink has officially launched its satellite internet services in Senegal, expanding access to high-speed connectivity through its low Earth orbit (LEO)...

The 2026 budget for rural roads is set at CFA23bn The allocation is down 28% from 2025, marking a second straight decline Funding will focus on completing ongoing rural infrastructure projects Togo plans to allocate CFA23 billion in 2026 to the development and rehabilitation of rural roads, according to the government’s budget projections. The funding will support projects...

Cashew kernel processing reached 732,000 tons across West Africa in 2025 Côte d’Ivoire accounted for more than 80% of processed volumes Gains remain concentrated in three countries, with uneven progress elsewhere Cashew processing expanded sharply across West Africa in 2025, with volumes converted into kernels rising to an estimated 732,000 tons, according to preliminary...

Solar installations rose 54% in 2025, reaching about 4.5 GW South Africa, Nigeria, Egypt, and Algeria led new capacity additions Africa could exceed 31.5 GW of installed solar capacity by 2029 Africa sharply accelerated its deployment of solar power in 2025, driven by stronger economic growth and rising demand for reliable electricity, according to the Africa Market Outlook for...

External debt repayments by African states are set to exceed $90bn in 2026 Egypt alone accounts for nearly one-third of the amount due High debt and weak revenue bases keep refinancing risks elevated African governments are heading into a difficult year on the debt front. In 2026, repayments of external debt denominated in foreign currency are expected to exceed $90...

The UAE pledged $500m to a UN humanitarian fund for Sudan at a donor meeting The United States announced an additional $200m contribution Washington is pressing for a ceasefire ahead of Ramadan The United Arab Emirates pledged $500 million to a United Nations fund for humanitarian aid to Sudan. The announcement was made yesterday, Feb. 3 at a donor conference...

Ifeyinwa Osime succeeds Paul Usoro San, who retired on January 29, 2026 She has served on Access Bank’s board as an independent director since 2019 The appointment comes amid tighter governance demands in Nigeria’s banking sector Access Bank, one of Nigeria’s leading financial institutions, has appointed lawyer Ifeyinwa Osime as chair of its board of directors. She...

USTHB and Transylvania University signed a cooperation agreement in Algiers The partnership targets joint programs, academic exchanges, and research projects The deal comes amid pressure to align training with labor market needs Algeria’s Houari Boumediene University of Science and Technology (USTHB) on February 2 signed a partnership agreement with Romania’s Transylvania University to...