Rwanda and GiveDirectly will mobilize more than $150 million over five years to reduce poverty by 25% in the five poorest districts. Rwanda reduced its national poverty rate by 12.4 percentage points ...

Kenya plans to invest about $350 million over ten years to restore ecosystems and livelihoods in the Lake Victoria basin. The government allocated $100 million in the 2027/28 budget for the program’s ...

Togo initiated a revision of its aquaculture legal framework to align with production, investment, and biosafety needs. National production reached about 3,500 tonnes, up from roughly 120 tonnes in ...

DRC central bank to launch Bloomberg FXGO DRC platform Six-week beta underway before rollout within two months System aims to boost FX transparency, price discovery The Central Bank of the Congo (BCC) ...

IFAD approved $78.5 million to support Rwanda’s agricultural transformation and climate resilience. Agriculture employs about 64.5% of Rwanda’s population and contributes roughly 25% of GDP. Rwanda ...

Mwanza–Isaka SGR segment reaches 68% completion. Project is final lot of phase one linking Dar es Salaam to Mwanza. Rail upgrade aims to cut travel time and strengthen regional trade links. The ...

Bank records $10 million loss from sale of Cameroon and Gambia units. Exit cuts $300 million in risk-weighted assets. Move aligns with strategy to focus on higher-return corridors. Standard Chartered ...

Zambia signs deal for 118 MWp solar plant in Southern Province. Project aims to diversify power mix and reduce hydropower risks. Solar expansion targets grid stability rather than emissions cuts.

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 ...

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 ...

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 ...

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 ...