Investors seem to keep focusing on yields, which are high for the moment • New Leadership might seek to address rating concerns • April 2026 allows testing investors’ sentiment with a call option on a ...

ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project • Lagos-Calabar highway seen boosting regional trade and investment • Part of broader plan to modernize Nigeria’s transport ...

ENGIE installs 15 mini-grids with 1.4 MW capacity in three Nigerian states. • Project aims to cut diesel use and reduce CO₂ emissions by 33,000 tonnes. • Abu Dhabi’s Ignite Power plans to acquire ...

Ivory Coast grants two new four-year gold exploration permits to Global Industries Sarl and Rampage Exploration Sarl. • National gold production reached 58 tonnes in 2024, with a target of 100 tonnes ...

Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo • License award comes on stream as part of the national strategy for digital development aimed at ...

IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema • Sector could grow to $20 bln annually and create 20 mln jobs with better funding and regulation • Nollywood and ...

IFAD initiates a program worth $358.26 million to bolster dairy sector in Kenya, Rwanda, Tanzania, and Uganda • The program, called DaIMA, aims to strengthen the resilience of dairy systems, with a ...

The World Bank convened a series of meetings in Brazzaville, Congo, in May, bringing together key economic stakeholders, including finance ministers, from the Economic and Monetary Community of ...

Dangote Group to build urea and nitrogen fertilizer plant in Somali region. • Ethiopia aims to reduce fertilizer imports and boost local production. • Construction to take 40 months, with $3 billion ...

Sante Fe Minerals signs deal to acquire Eburnea gold project from Turaco Gold. • Transaction gives Sante Fe full or majority stakes in Satama and Bouaké North permits. • Ivory Coast’s stable business ...

Gabon is targeting deepwater oil to offset declining output, now at 200,000 b/d Investor-friendly reforms and better data access are driving offshore interest Plans include a refinery upgrade and ...

Mailo solar plant begins feeding 25 MW into Zambia’s grid, part of a 110 MW project. • Zambia aims for 50% electricity access by 2030 with 1,000 MW of solar by end-2025. • AfDB report urges stronger ...