Business & Economy

Senegalese fishermen say foreign-owned trawlers are encroaching on protected coastal waters, damaging equipment and reducing catches. Investigations and official reports suggest long-standing tensions between artisanal fishers and industrial vessels

Aliko Dangote has promised to complete the Lamu oil refinery within 40 months, but questions over financing, feedstock supply and a land dispute are already shaping the future of Kenya's biggest industrial project.

The Benin financing deal has secured €500 million from international lenders with backing from the African Development Fund and the Islamic Development Bank Group. While the financing promises support for infrastructure, health, education and energy projects ...

Burkina Faso has inaugurated its first major state-backed gold refinery, Raffinor-BF, as Captain Ibrahim Traoré accelerates efforts to retain more value from the country's largest export and position Ouagadougou as a regional refining hub.

The Central Bank of Nigeria is preparing measures to compel banks to honour domiciliary account withdrawals after complaints from customers who say they are being denied access to their foreign currency funds despite meeting account requirements.

Africa's richest man has launched the Dangote fuel pipeline, a $660 million project linking Djibouti and Ethiopia that aims to slash fuel transport times, strengthen energy security and reshape logistics across one of Africa's most important trade corridors.

São Tomé and Príncipe's debt crisis remains a defining challenge despite improving debt ratios. As voters head to the polls, the next government faces pressure to sustain reforms, resolve external arrears and deliver growth to households still struggling with power shortages and poverty.

Petrobras has secured eight offshore exploration blocks covering 63,000 square kilometres in Côte d'Ivoire, marking one of its biggest African expansions as it seeks new discoveries along West Africa's Atlantic margin.

Malawi has imposed strict new limits on foreign currency possession as it battles persistent forex shortages. While authorities say the measure targets the black market, critics warn it could hurt patients, travellers and businesses that rely on access to dollars.

Côte d'Ivoire has adopted a new bill aimed at the financiers, buyers and public officials accused of profiting from illegal gold mining. The proposed law introduces tougher penalties and expands criminal liability beyond miners operating at illegal sites.

The Sharara pipeline shutdown has reduced Libya's oil production by roughly a fifth after an armed group closed a key pipeline valve. The disruption has revived longstanding tensions over how oil wealth is shared in the southern Fezzan region.

Sadio Mané has broken ground on SM10 Agro, an 11.7 billion CFA franc agro-industrial park in Bambali that aims to transform mango production, create jobs and reduce agricultural waste in southern Senegal.