South Africa is overhauling its automotive policy to strengthen local manufacturing and growth. The review includes tariff changes, battery manufacturing plans, and fiscal measures. The auto sector faces pressure from global competition and trade uncertainty. South Africa is conducting a comprehensive review of its automotive policy to stimulate local production, address structural...

Afreximbank finalized a $1.75bn syndicated receivables-backed facility for Sonangol. The deal aims to support Angola’s oil and gas sector and secure export revenues. Oil accounted for 30% of GDP and 94% of export earnings in 2024. The African Export-Import Bank has finalized a $1.75 billion syndicated receivables-backed facility for Angola’s state-owned oil company, Sonangol....

Ethio Telecom is seeking to expand digital services abroad through talks with Somaliland’s Somcable. The partnership focuses on cross-border connectivity and digital service development. The operator reported 87.1 million subscribers and about $850 million in revenue in H2 2025. Ethiopia’s incumbent telecom operator, Ethio Telecom, announced on January 28 that it had held a...

Chad signed two digital cooperation agreements with Azerbaijani agencies. The deals target digital transformation, e-government, and sector regulation. Azerbaijan’s strong digital governance record underpins the partnership. Chad’s ministry of telecommunications, digital economy, and public administration digitalization announced on January 28 the signing of two cooperation agreements...

Nigeria plans 12.4 billion naira fines over telecom service failures NCC tightens enforcement amid outages, rising consumer complaints Sanctions follow ministerial pressure despite higher tariffs, investments The Nigerian Communications Commission (NCC) plans to impose fines of about 12.4 billion naira (nearly $8.9 million) on telecommunications operators for failing to meet...

Côte d’Ivoire launches OIA Manioc to structure manioc sector Body targets governance, data, financing, quality standards rollout Sector backed by IDB loans; production up 31% since 2020 The Interprofessional Organization of the Manioc Sector (OIA Manioc) was formally launched in Côte d’Ivoire on January 27. The announcement was made during a roundtable in Abidjan that brought...

SGS cargo scanning at Cameroon’s Port of Douala has been disrupted since Jan 1, 2026, amid legal disputes over contracts and authority. The Port Authority and the Finance Ministry disagree on the duration of SGS’s contract, prompting a new operator and procedural uncertainty for port users. Despite the disruption, SGS remains active in Cameroon, while stakeholders seek a secure,...

Madagascar lifts 2010 suspension on mining permit issuance Move follows 2023 mining code, aims to boost investor clarity 1,650 permit applications pending; mining under 5% of GDP Madagascar’s Council of Ministers on Jan. 27 authorized the resumption of mining permit issuance. This decision ends a suspension on the granting of mining titles that has been in place since November...

GuarantCo issues $20 million, 23-year guarantee to Kenya’s Dhamana Guarantee boosts local-currency infrastructure financing in East Africa Portfolio to align with Paris Agreement, 30-40% climate finance GuarantCo, an institution that provides guarantees for infrastructure projects in Africa and Asia, has issued a $20 million guarantee to Kenya-based Dhamana Guarantee...

Nigeria awards first floating solar project, 7-MW plant at UNILAG Contract goes to CCECC; cost, financing and timeline undisclosed Project supports renewables as Nigeria’s power supply remains constrained Nigeria has awarded its first floating solar photovoltaic project through the Rural Electrification Agency (REA), the public body responsible for off-grid and institutional...