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Ghana plans a port at Mpakadan to transfer part of the freight from Tema to Lake Volta, then to Buipe and the road corridors heading north to the country, Burkina Faso, Mali, and Niger.
Decentralized financial systems must now complete a new “IDENTIFIER” sheet in the OTHER INDICATORS file before uploading their data to the ANSSFD e-Control platform.
The United Arab Emirates are accelerating the development of ports, pipelines, railway networks, and trade corridors to reduce their dependence on the Strait of Hormuz, which has been destabilized by the war between the United States and Iran.
Nigeria Relaunches the Cabotage Vessel Financing Fund (CVFF) After More Than Two Decades of Stagnation. Up to 25 Million Dollars Can Be Granted Per Shipowner, While 92 Applications Have Already Been Received.
Kenya has appointed James Mworia as the first Chief Executive Officer of the National Infrastructure Fund (NIF), a public-private vehicle aimed at mobilizing up to 5,000 billion shillings to finance infrastructure.
NICON Insurance is facing a liquidation procedure following the cancellation of its license by the Nigerian regulator. The insurer is contesting the measure, while a hearing is scheduled for September 21 in Abuja.
Nigeria places six major stocks — Aradel Holdings, Dangote Cement, FirstHoldCo, GTCO, MTN Nigeria, and Zenith Bank — in the FTSE Frontier 50 effective September 21, 2026, marking a new phase in its return to the frontier markets universe.
The 8th Ministerial Conference on Korea-Africa Economic Cooperation opened on Tuesday, September 8, 2026, in Seoul, with government delegations from 45 African countries and an agenda focused on artificial intelligence and digital infrastructure.
The pan-African fund Africa50 aims to more than double the cumulative value of the infrastructure projects it supports, from approximately 9 billion dollars today to at least 20 billion over five years. Energy and power grids are among the priority sectors.
The General Directorate of Taxes (DGI) is taking a tougher stance on tax compliance. In an official statement, the institution reminds that pursuant to articles 132 point d) and 135 of the General Tax Code (CGI), individuals not listed in the taxpayer registry are required to pay an Advance on Income Tax based on profits […]
The Beninese banking sector continues its upward trajectory. According to the 2025 annual report of the Banking Commission of the West African Monetary Union (UMOA), Benin has a
Since mid-August 2026, major fuel price gaps have been observed across the eight countries of the West African Economic and Monetary Union (WAEMU). The price of petrol has now reached 990 CFA francs per litre in Senegal, the highest in the bloc. By contrast, Niger offers the lowest rate at 499 CFA francs per litre […]
The president of the Court of Auditors, Ismath Bio Tchané Mamadou, took the oath this Thursday, May 7, 2026 at the Palais de la Marina, for a second five-year term. The ceremony, presided over by the head of state Patrice Talon, highlighted the stakes of public-finances oversight and the ongoing governance reforms undertaken since the […]
The Central Bank of West African States (BCEAO) is sounding the alarm. In response to the spread of a viral video on social media reporting the presence of presumed counterfeit bills, particularly in money transfer points, the issuing institute of the West African Monetary Union (UMOA) urges the public to exercise extreme caution. Without directly […]
Six African countries meet the minimum budget transparency requirements of the U.S. State Department, according to its 2026 report published on August 11. Among the African governments that remain below this threshold, nine made significant progress during the examined period from January 1 to December 31, 2025. Globally, Washington assessed 139 governments and the Palestinian […]
Africa captures less than 10% of the global market value for most tree-derived products it supplies, according to a report by Landscape Alliance announced on August 7, 2026, in Nairobi. The organization, which brings together the Center for International Forestry Research and the World Agroforestry Center, calls for strengthening local processing, innovation, and industrial policies […]
Since August 2013, artists based in Senegal can, provided they meet YouTube’s criteria, join its Partner Program and earn a share of the advertising revenues generated by their videos. This access makes the country an exception in French-speaking sub-Saharan Africa, where direct monetization of channels remains unavailable in most markets. Google announced on August 19, […]
Libya needs $30 to $40 billion in funding to develop more than 60 already discovered oil and gas fields, said the president of the National Oil Corporation (NOC), Masoud Suleiman, in an interview with the Financial Times published on August 18, 2026. The stated goal is to increase crude production from about 1.4 million to […]
The Parliament of Botswana adopted in July 2026 an amendment to the industrial development law to facilitate the implementation of the legal cannabis industry. The measure concerns exclusively medical, scientific, research, and industrial uses, and does not legalize recreational consumption. The text, presented as the Industrial Development (Amendment) Bill No. 3 of 2026, aligns the […]
The Nigerian Federal Executive Council approved five road construction and rehabilitation contracts totaling 437.22 billion naira, nearly 438 billion, on Wednesday, August 19, in Abuja. The Minister of State for Works, Bello Muhammad Goronyo, presented these decisions following a meeting chaired by Bola Tinubu. The main contract, valued at 159.83 billion naira, involves the reconstruction […]
