Benin is moving to digitize public procurement to simplify processes and increase transparency. • New regulations have been introduced to strengthen governance and modernize the sector. • The reform ...

The Moroccan government aims to boost exports by using digital platforms to unlock the untapped potential of its export market. • A partnership agreement was signed on April 9 to advance the digital ...

Somalia has secured a debt relief agreement worth $306.5 million with the Arab Monetary Fund (AMF). • The agreement aims to ease Somalia's financial burden and support its ongoing economic reforms. • ...

Burkina Faso raised 40.35 billion CFA ($67 million) in a recent bond auction but had to accept high interest rates. • Investor confidence is shaken following a government request for commercial banks ...

Africa’s first and second-largest uranium producers, Namibia and Niger, exported most of their output to China and France. However, new producers, like Mauritania, are now emerging, resulting in the ...

Mali's 2023 Mining Code was applied to the Bougouni lithium mine project. Under the memorandum of understanding signed on the occasion, Bamako required a $15 million payment, split into two equal ...

Afreximbank successfully raised 2.2 billion yuan (around $303 million) with a bond issuance on the Chinese market, showcasing African institutions' growing ability to diversify funding sources. • The ...

Africa processed 65% of global mobile money transaction value last year, or $1.1 trillion. • The continent also led in volume, accounting for nearly 82 billion of the 108 billion global transactions.

Mali's inflation rose to 8.3% in February 2025, the highest rate in the West African Economic and Monetary Union (WAEMU). • Rising food, housing, energy, and communication costs continue to push ...

A new piece of legislation, known as the 'CEMAC Act,' is drawing attention to the management of foreign reserves in Central Africa’s six CFA countries—Cameroon, Gabon, Chad, Congo, Central African ...

Safaricom has launched the Spark Accelerator, a program to help bold, visionary founders grow and scale their startups. It targets early-stage, post-revenue startups in Kenya. Startups must have a ...

Movis CI will delist from the West African regional stock exchange following sustained financial losses. The company’s majority shareholder is offering to buy back remaining public shares at CFA40,000 ...