• Nigeria to double soybean farmland by 2026, targeting 460,000-tonne output boost.• New strategy includes seed, soil, and private sector support; no action plan yet.• Production dropped 14% since 2021, prompting first U.S. imports in six years. Nigeria's government plans to allocate an additional one million hectares of farmland to soybean cultivation over the next two years. This is part...

Non-bank institutional investors, though still a minority, are increasing their presence in the West African Economic and Monetary Union (WAEMU) public securities market. They are capitalizing on renewed interest in medium and long-term bonds and a more favorable investment environment. Non-bank institutional investors are starting to gain a foothold in the West African Economic and Monetary...

The country bets on improved logistics to become a regional hub amid rising mineral demand and port congestion in South Africa. Highlights France and EU back €144M project to double key rail line linking Maputo to South Africa. New capacity will increase freight volumes to 19 million tonnes per year. Government plans $219M investment by 2030 to modernize rail and port...

Africa is becoming a major destination for Russian fuels facing international sanctions. The continent is importing more of these inexpensive products, but their quality and environmental impact are unclear because of insufficient standards and oversight. Nigerian businessman Aliko Dangote on Tuesday condemned the large influx of deeply discounted Russian fuels into Africa. Speaking at the "West...

In this interview with Agence Ecofin, Abdourahman Ali Abdillahi, CEO of Air Djibouti, discusses the national carrier's unprecedented choice to voluntarily contribute to Djibouti’s sovereign carbon registry. He explains how this innovative mechanism operates, its concrete benefits, and the company's wider strategic vision for ecological transition, regional development, and economic sovereignty....

The fintech leaders primarily emerge from Nigeria, Egypt, Kenya, and South Africa, nations recognized for having the continent’s most developed and well-funded technology ecosystems. Ten African financial technology companies have earned a place in the "World’s Top Fintech Companies: 2025," a global ranking announced on July 16, 2025. Compiled by U.S. broadcaster CNBC in collaboration with...

Exports surge 67% to reach 100,000 tonnes, defying forecasts and consolidating EU market position Highlights: • Morocco shipped a record 100,000 tonnes of avocados in the 2024/2025 season, outpacing South Africa• Sector growth driven by private investment, favorable climate, and EU trade access• Exports projected to reach up to 140,000 tonnes by 2030, per CIRAD estimates Morocco has...

Highlights: • The academy will train professionals locally.• Sector faces aging fleet, financial issues at TAAG, and lack of domestic training infrastructure• New academy part of broader reforms to boost profitability and regional competitiveness Angola will soon begin construction of a national Aeronautics Academy to train aviation professionals locally, in a move aimed at reducing...

Highlights: • $20 billion in investment pledged by Chinese firms for agriculture, mining, automotive, steel, and energy sectors.• Projects aim to support food security, job creation, and Nigeria’s industrial transformation.• Partnership also targets increased Nigerian exports to China and high-value supply chain development. Nigeria is banking on Chinese financing, technology, and...

• Uganda partners with Bukona Agro Processors to produce bioethanol from maize.• Over 10,000 farmers will supply 30,000 tonnes of maize annually for blending fuel.• Experts warn of rising food insecurity as maize shifts from food to fuel use. Uganda joins a growing list of African nations turning to biofuels to speed up their energy transition. While the shift brings economic opportunity,...