News
Nsia Banque to launch securitizations in 5 West African countries to fund SMEs • Securitization frees credit by converting receivables into securities • Moves follow successful CFA40B deal and rising ...
IMF approves Burkina Faso’s third ECF review, unlocking $32.8M; total aid nears $131M • Growth hit 5% in 2024, seen slowing to 4.2% in 2025; insecurity hurts mining • Program on track despite missed ...
Oasis Capital sold its 16.12% stake in Mansa Bank Côte d’Ivoire The exit marks the second divestment by Oasis Africa Fund I Mansa Bank’s largest shareholder remains Mansa Financial Group with 37.5% ...
The African Development Bank Group has successfully concluded a high-level workshop and policy dialogue aimed at enhancing the Central Africa Republic’s capacity to combat illicit financial flows ...
Traffic congestion costs African economies an estimated $314 billion annually, according to a report by the French multinational Alstom. This figure is equivalent to four times Côte d’Ivoire’s Gross ...
Sonko signed industry, housing, and transport deals in China on June 22. He urged Chinese investment; 2023 FDI hit CFA665B. China-Senegal trade hit $1.5B in 2023. On Sunday, June 22, 2025, Senegalese ...
Ouattara delayed announcing 2025 candidacy, promises decision soon. • RHDP backs him; opposition calls the run unconstitutional. • A fourth bid may heighten political tensions. On Sunday, June 22, ...
Namibia signed an MoU with U.S. firm NANO Nuclear to boost uranium processing. The deal adds the U.S. to Namibia’s talks with China and Russia on nuclear cooperation. No formal nuclear agreements yet, ...
Mali deployed UNICEF’s CPIMS+/Primero platform to manage child protection cases The move follows a May 2025 agreement between the government and UNICEF The system provides secure, centralized data on ...
West Africa is Africa's primary cotton production hub. While Benin and Mali remain the undisputed leaders, Côte d’Ivoire and Burkina Faso are engaged in a tight competition to secure a lasting hold on ...
Nigeria secures €20 million from Germany to support its energy transition • The funds will promote renewables, expand infrastructure, and build skills • Nigeria targets 50% renewable electricity and ...
IFC lends $425M to Maroc Telecom for Chad and Mali networks. • Funds target 4G rollout and Mobile Money expansion. • Move backs Africa’s digital drive, boosts regional presence. The International ...
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