AfDB and UNDP aim to mobilize up to $10 billion for AI development by 2035. Funds will target data infrastructure, computing capacity, start-ups and skills training. Initiative projects up to 40 ...

Government aims to attract local and foreign investment into sugar industry. Annual demand stands at 700,000 tons, well above local output. Sugar imports nearly tripled between 2020 and 2024. The ...

Central Bank reviewing core banking laws to clarify fintech and digital banking oversight. Kenya remains one of Africa’s largest fintech investment destinations. New legislation ...

New naira 75 billion ($55.4 million) private debt fund targets Nigeria’s agribusiness sector. First phase aims to raise naira 25 billion from institutional and qualified investors. Vehicle complements ...

Free mobile roaming between Gabon and DRC expected to reduce costs for millions of travelers and businesses. Agreement supports regional trade, mobile financial services, and SME connectivity across ...

Sasol commissioned a coal-sorting plant at its Secunda complex. The system improves coal quality and reduces emissions per unit of energy. Company reports positive cash flow despite asset impairments.

ECOWAS and Spain’s AECID signed two agreements under a 2025–2028 program. The €16 million ($19 million) package targets resilience and regional integration. Focus areas include agriculture, energy, ...

Brazil suspends cocoa imports from Côte d’Ivoire Move cites phytosanitary concerns over mixed-origin beans Ivorian cocoa exports to Brazil hit $177 million in 2024 Brazil has suspended purchases of ...

Burundi-DRC Kavimvira-Gatumba border crossing reopens Closure followed M23 seizure of Uvira in December Ceasefire talks advance under Doha Framework Agreement The Kavimvira-Gatumba border crossing ...

Blencowe to publish maiden Iyan graphite resource estimate Orom-Cross could become Uganda’s first graphite mine Project targets 2027 production, $160 million capex Blencowe Resources said on Tuesday ...

Field capacity about 20,000 barrels per day NOC targets 1.6 million bpd output by 2026 Libya’s National Oil Corporation (NOC) said on Sunday, Feb. 22, that production has resumed at the Sinawen oil ...

Nigeria cuts benchmark rate 50 basis points to 26.5% Inflation eases to 15.10% in January 2026 FX reserves rise to $50.45 billion, highest in 13 years The Central Bank of Nigeria, CBN, cut its ...