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 ...
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) ...
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.
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 ...
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 ...
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.
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 ...
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, ...