Inside the Benin Financing Deal Behind a €500 Million Loan
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 164 Tonnes Gold Refinery Opens, Where Will the Gold Come From?
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.
CBN to Force Banks to Honour Domiciliary Account Withdrawals
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.
Dangote Fuel Pipeline Breaks Ground in Djibouti, Racing to End Ethiopia’s 5-Day Truck Run
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.
Inside São Tomé and Príncipe’s Debt Crisis: A Quiet Island Nation’s Fragile Recovery
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 Oil Exploration in Côte d’Ivoire Gets Major Boost
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’s dollar cap squeezes the very citizens who need forex most
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 Moves To Jail The Money Behind Illegal Gold Mining
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.
Libya’s Sharara pipeline shutdown, valve No. 7, and unfinished argument over Fezzan’s oil
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 Launches SM10 Agro Mango Processing Project in Bambali
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.
Senegal IMF Programme Nears Approval but Debt Crisis Still Casts Long Shadow
Senegal has secured a staff-level agreement for a $2.2 billion IMF programme, but approval depends on debt restructuring, creditor support and IMF board approval. As bond prices tumble and fiscal reforms continue .
Africa’s critical minerals processing gamble puts sovereignty to the test
Across Africa, governments are restricting raw mineral exports and promoting critical minerals processing to keep more value at home. But turning policy into industry will require power, investment and regional coordination.
