Stanbic IBTC and Zenith Bank cut monthly card spending abroad to $500 and $200 Foreign reserves fall by $3.5 billion in six months, down to $37.37 billion in June Central Bank steps up ...

Trump announces 50% tariff on all imported copper, citing national security • Copper futures jump past $12,330 per ton as traders react to looming restrictions • African exporters face indirect risks ...

Government covered 59.16% of billed power costs with CFA536.4 billion in subsidies Debt to power producers now exceeds 4 trillion naira, straining the energy sector Reforms continue under President ...

WAF targets 290,000+ ounces of gold in Burkina Faso for 2025, up 40% from 2024 • Output driven by new Kiaka mine and continued production at Sanbrado • Long-term peak of 473,000 ounces expected by ...

Backbone Infrastructure will build a $15 billion refinery in Nigeria's Ondo State, with a capacity of 500,000 barrels per day. This facility will be the country's second largest, trailing only the ...

Dangote refinery will use only Nigerian crude by end-2025 as export contracts expire • In June, 53% of crude was locally sourced; past reliance on imports was due to supply issues • Shift aims to cut ...

IsDB approved €200 million for Abidjan’s urban transport upgrade, focused on the Yopougon–Bingerville corridor. • Project includes a 20 km BRT line, transit system upgrades, and informal transport ...

South Africa signs a bilateral agreement with Austria to boost technical and vocational education and training (TVET). The partnership promotes skills exchanges and internships between South African ...

Angola launches a $300 million World Bank-funded project to tackle urban challenges. The project focuses on improving governance, housing, and living conditions in Benguela, Huambo, and Lubango.

Bomboré gold mine increased production to 56,236 ounces in H1 2025, up from 55,663 ounces in H1 2024. Orezone generated $177 million in revenue in the first half of 2025, a sharp rise from $123 ...

Cauri Money launches Gajo Money, an e-wallet for the Cameroonian diaspora, targeting €120 million in transactions by end-2025. The fintech partners with BFI S.A. to access Cameroon’s financial system ...

Agriculture contributes 22.7% to Nigeria’s GDP and employs 34% of its workforce. Nigeria plans to launch a satellite-based “Innovative Agriculture” project by January 2026. The project will establish ...