Acumen closed a $250 million blended-finance raise for off-grid electricity in sub-Saharan Africa. The H2R Amplify debt fund reached $180 million after a $7.8 million contribution from Switzerland’s ...
Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores in 2026 and open 17 additional outlets by 2028.
Ivory Coast expects a new government after the prime minister and cabinet resigned following December 27 legislative elections. The ruling RHDP won more than 75% of parliamentary seats as President ...
Rwanda ranks first in Africa in the World Bank’s Business Ready 2025 with a score of 67.94. Benin and Senegal enter Africa’s Top 10 for the first time in the B-Ready ranking. The World Bank says ...
West African Resources produced 205,228 ounces of gold at Sanbrado in 2025, within its guidance range. Total Burkina Faso output from Sanbrado and Kiaka reached 300,383 ounces as Kiaka ramped up.
Morocco digitized 68 of its 76 fish markets to improve transparency and transaction monitoring. Authorities now track all vessels operating in Moroccan waters by satellite and RFID to curb illegal ...
Ecobank Nigeria repaid about $245 million, or more than 80%, of its $300 million Eurobond due in February 2026. The early repayment reduced the outstanding amount to about $55 million. The move ...
Ethiopia and Oman signed a memorandum of understanding on January 5, 2026, during their first-ever political consultation in Addis Ababa. The two countries agreed to expand cooperation in trade, ...
Development Partners International sold its 20.17% stake in Atlantic Business International for more than $200 million. The transaction valued Atlantic Business International at more than $1 billion ...
Bio Tosha asked Kenya’s High Court to block Diageo’s $2.3 billion asset sale to Asahi. The transaction covers Diageo’s stakes in EABL and United Distillers Vintners Kenya. The court scheduled an ...
Egypt and Lebanon signed a gas supply memorandum for the Deir Ammar power plant in late December 2025. The agreement aims to support Lebanon’s electricity generation amid severe grid constraints.
Morocco welcomed 19.8 million tourists in 2025, exceeding the government target of 18 million. Tourism revenues reached 124 billion dirhams ($13.5 billion) in the first 11 months of 2025, up 19% year ...