Venture debt surpassed equity as Africa's top startup funding source in 2025 Six major debt deals drove $1.6B raised, led by East Africa Southern Africa led equity value; fintech drew most investor interest Venture debt has moved from the margins to become the main alternative to traditional venture capital in Africa, overtaking equity investment for the first time in the first nine...

In November 2019, the Democratic Republic of Congo announced plans for a new state-owned mining company meant to bring artisanal cobalt mining into the formal sector. But institutional hurdles and operational setbacks have prevented the company from establishing the monopoly it was expected to hold. The Democratic Republic of Congo’s state-owned miner, Entreprise Générale du Cobalt (EGC),...

In African health news this week, the continent reported progress against major diseases even as funding gaps continue to weigh on public-health programs. South Africa has begun trials for its first locally developed cholera vaccine, a move seen as a step toward stronger regional health preparedness. Disease outbreaks remain a concern. Ethiopia has confirmed an outbreak of Marburg virus disease,...

Ghana allocates $3.03B to Education Ministry in 2026 budget, up 18% Funds support free education programs, infrastructure, materials, and teacher housing Additional $901M set for GETFund to boost nationwide education infrastructure Ghana has allocated 33.3 billion cedis ($3.03 billion) to the Ministry of Education in its 2026 budget. According to the government’s budget...

Cameroon drafts law to regulate organic farming, targeting global market access Framework covers crops, livestock, aquaculture; bans GMOs and synthetic inputs Government sees export, climate resilience, and GDP gains from formalizing sector Cameroon is preparing a legal framework to regulate the production of organic foods for both human and animal consumption. The aim is to formalize a...

Cameroon unveils renovation plan for Douala Airport; work starts in H2 2026 XAF95 billion project includes apron expansion, terminal upgrade, and added facilities Capacity to rise to 2.5M passengers; aims to boost regional hub status Aéroports du Cameroun (ADC) has presented the detailed preliminary design for the renovation of the passenger terminal at Douala International Airport,...

The second edition of Salon International de la Musique d’Afrique (SIMA) launched in Cotonou on Thursday, November 13. This year's event in Benin marks a return three years after the inaugural edition took place in Côte d’Ivoire. The second edition of Salon International de la Musique d’Afrique (SIMA) opened in Cotonou, drawing artists and music-industry professionals working to...

Built by Sinohydro with KFAED funding; aims to ease city traffic congestion Project part of Simandou 2040 strategy to boost infrastructure and economic growth Guinea will inaugurate the Bambeto interchange in Conakry on Saturday, the Ministry of Infrastructure and Public Works said. Officials reported that remaining work, including landscaping, side access routes, public lighting and safety...

Mozambique launches Blue Economy Satellite Account to track sector’s GDP impact ProAzul seeks $900M to fund fisheries projects, including MaisPeixe Sustentável Country uses under 50% of fishing capacity; aquaculture remains largely untapped Mozambique’s Fund for the Development of the Blue Economy (ProAzul) has launched a Blue Economy Satellite Account (BESA). The tool is...

Togo raises $53M via bonds and bills, surpassing 30B XOF target Auction saw 160.86% bid coverage; OATs issued at 6.25% for three years Total 2025 issuance hits 325B XOF, nearing 97% of annual goal Togo raised 33 billion XOF ($53 million) on the WAEMU public securities market on Thursday through a simultaneous sale of Treasury Bonds (OAT) and Treasury Bills (BAT), slightly above its 30...