Economy
Guinea’s gold: not a gram leaves the country without passing through a local refinery
Three months after banning raw gold exports, Conakry has spelled out the rules. From now on, every shipment must be…
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Chad-France: after a two-year rift, economic ties are picking up again
"Demilitarise" and "diversify": these are the two watchwords of the Franco-Chadian rapprochement. From the Paris business forum to the Tchad Connexion 2030 plan and its 30…
Economy
Economy
Sierra Leone: $45 Million from the OPEC Fund to Double the Output of the Bumbuna Dam
With $45 million from the OPEC Fund, Sierra Leone is set to more than double the capacity of its main…
Economy
The Gambia: a 66.8 billion dalasi budget for 2027, weighed down by debt
Higher taxes, new excise duties and a goal of 555 million dollars in revenue: the Gambia's 2027 budget is ambitious,…
Economy
Kenya: Dangote breaks ground on $16 billion Lamu oil refinery
Two years after shaking up Nigeria's oil market, Aliko Dangote is moving into East Africa. His future refinery on the…
Economy
Malawi: no more than $1,000 in your pocket without central bank approval
In Malawi, keeping a few dollars under the mattress can now be costly: above $1,000, you need the central bank's…
Economy
Gabon: Oligui Nguema and the IMF try to agree on the true size of the debt
In Port-Gentil, President Oligui Nguema and the IMF sat down to settle a basic question: how much does Gabon owe?…
Economy
Rate cut to 23%: Nigeria takes a bet on easing
The Central Bank of Nigeria has made a bold move, cutting its key rate by 3.5 points to 23% in…
Economy
Brent Above $105 and a Fed Hike: Africa Between Windfall and Bill
A Saudi pipeline shutdown has pushed Brent above $105 just as the Fed raised rates for the first time since…
Economy
Eritrea: US sanctions lapse, but Washington’s message remains unclear
148 characters): The US has delisted Eritrea's ruling party and army after a 2021 emergency order expired. Legal formality or…
Economy
Mali: JNIM Tightens Its Economic Grip on Kayes and Expands Offensives Into the Center
The jihadist group JNIM is entering a new phase in its campaign to strangle Mali's economy. Since September 3, it…
Economy
Angola Presses Ahead with Disinflation Drive Through Another Rate Cut
. Angola's central bank is staying the course on the monetary easing path it began this spring. Meeting September 14…
Economy
Guinea: The Iron Rush Powering a Record-Breaking Economy
Beneath the hills of southeastern Guinea lies a deposit vast enough to reshape a national economy. As Simandou's iron ore…
Economy
Aliko Dangote launches his refinery’s stock market listing, the largest financial operation in the continent’s history
Africa's richest man is taking his crown jewel public. On September 14, 2026, Dangote Petroleum Refinery opened subscriptions for what…
Economy
Mauritius Stock Exchange Holds Steady Despite a Gloomy Market Mood
The Official Market of the Stock Exchange of Mauritius has been going through a rough patch for several months now,…
Economy
Public debt in West and Central Africa: a booming bond market meets mounting arrears
As the CEMAC bond market swells past 10.5 trillion CFA francs, Senegal faces a mounting pile of unpaid bills to…
Economy
The Rosso Border Crossing: Mauritania Scraps Taxes to Ease Cross-Border Trade
Rosso is changing. This land crossing, where a ferry has for decades carried people and goods across the Senegal River…
Economy
Kenya Shuts the Door on Foreign Small Traders, With China Squarely in the Crosshairs
A countdown has begun in Nairobi. On Wednesday, September 2, President William Ruto issued an unambiguous ultimatum to foreign nationals…
Economy
Burkina Faso: How the Diaspora Raised Over 151 Billion FCFA to Fund the Country
A Sahelian country cut off from conventional international financing just pulled off one of its most striking financial wins in…
Economy
Uganda: Oil Ambitions Near Reality as Kingfisher and Tilenga Approach the Finish Line
Uganda is edging closer to its goal of becoming an oil-exporting nation before the end of 2026, driven by two…
Economy
Tanzania opens government securities market to all foreign investors
The Bank of Tanzania announced on August 6 a major overhaul of its public debt market, now open to all…
Economy
Hidden debt, closed chapter: Dakar and the IMF seal a 2.2 billion dollar deal
Two years of waiting have finally reached their conclusion. On Tuesday, September 1, 2026, the International Monetary Fund announced it…
Economy
CEMAC: Public Debt Crosses a New Symbolic Threshold
Ten thousand five hundred sixty billion CFA francs. That's how much the six countries of Central Africa's monetary union now…
Economy
Tanzania: The Rufiji Giant Reshapes East Africa’s Energy Map
For years, chronic blackouts held back Tanzanian businesses and stalled industrial growth. That equation has now shifted. A massive hydropower…
Economy
Cotton: World Price Rebound Opens a Window of Opportunity for Africa
For African producers to truly capture the benefits of this rise in world prices, several conditions will need to be…
Economy
Nigeria: Kidnap Ransoms Triple in a Year, Nearly €5 Million Extorted
Security experts warn of the lasting consequences of this criminal economy. Billions of naira flowing to armed groups are strengthening…
Economy
Nigeria: Ransom Payments to Armed Groups More Than Tripled in the Past Year
Armed groups operating in Nigeria collected nearly 7.78 billion naira, or about $5.8 million, in ransom payments between July 2025…
Economy
Tanzania Switches On the Julius Nyerere Dam, Africa’s New Hydropower Giant
Tanzania inaugurated the Julius Nyerere hydropower dam on Saturday, August 22, 2026, one of the largest energy projects ever completed…
Economy
Ethiopia opens second largest airport terminal at Bahir Da
Bahir Dar, Ethiopia. Ethiopian Prime Minister Abiy Ahmed has inaugurated the new terminal at Bahir Dar's Dejazmach Belay Zeleke International…
Economy
Senegal: IMF Sends Full Team to Dakar in Sign of Progress Toward New Program
The IMF suspended a $1.8 billion lending program in 2024 after the discovery of undisclosed public debt. A reconciliation exercise…