Benin seeks $176.7M via two new bonds on WAEMU market Bonds offer 6% and 6.15% yields, maturing in 2032 and 2035 Return follows $1B international raise; IMF projects 7% growth in 2025 Benin has launched two new bond issues on the regional WAEMU financial market, seeking to raise 100 billion CFA francs ($176.7 million) to finance investment spending under its 2025 budget. The...

Cashew kernel exports rose 52% to 72,000 tons in 2024 Processing capacity surged with over 35 plants and $440M export earnings New investments aim to process 50% of harvest by 2030 Côte d'Ivoire’s exports of cashew kernels jumped 52% to 72,000 metric tons in 2024, according to the latest foreign trade data from the national Customs Directorate. The volume is more than five...

People aged 15–64 represent 47 % of Niger’s population Labor market remains dominated by informal and low-productivity jobs Report urges investment in skills and private sector growth A report published in February by the Pan-African Coalition for Transformation (PACT) shows that 47 % of Niger’s population falls within the 15–64 age group, representing significant...

Company begins commissioning of processing plant with ore already stockpiled Kiniero set to produce first gold bar by year-end at an initial cost of $243 million Merger with Predictive Discovery could affect project outlook, outcome still unclear In Guinea, Robex Resources is close to completing construction of its Kiniero gold mine. In an update published on Monday, November...

Kigali ends restriction imposed after South Africa’s 2017 listeriosis outbreak Decision follows completed health checks confirming the country is listeriosis-free South African farm exports to Africa totaled about $6 billion in 2024 Rwanda lifted on November 14 the ban that had restricted imports of agricultural and animal products from South Africa for nearly eight years....

Reform extends presidential, parliamentary, and local mandates to seven years New Senate created with members of right and appointed members Reform adopted with divided vote ahead of 2026 general elections Benin’s National Assembly adopted a new revision of the 1990 Constitution during the night of November 14 to November 15. The most significant change concerns the presidential...

The program will empower 7,500 African SMEs with AI and digital trade skills to boost cross-border business growth. It aligns with AfCFTA goals to support MSMEs, women, youth, and marginalized groups through localized training. It builds on Google Hustle Academy’s success, addressing Africa’s digital skills gap to drive economic inclusion.  Google and the African Continental Free...

TCS, Sybyl, and iXAfrica signed an MoU to establish sovereign cloud infrastructure in Kenya and East Africa. TCS provides AI-powered cloud architecture and security. Sybyl handles local deployment and support. iXAfrica supplies the scalable, AI-ready data center infrastructure. The regional sovereign cloud market is set to grow from $6.8 billion in 2024 to $42.8 billion by...

MTN Group reached 301.3 million customers across 16 markets, highlighting its expansive footprint in Africa. Fintech transaction value surged 38.0% to US$342.3 billion, reflecting rapid adoption of digital financial services. EBITDA margin increased to 45.0%, with service revenue growing 25.9%, underscoring strong operational performance and broad-based growth across MTN’s markets. MTN...

Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The Investment comes as Mozambique’s tourism sector struggles to recover following months of unrest after last year’s contested election. The public-private partnership includes a 25-year concession granted by Mozambique’s National Tourism...