Orange Money’s 100 million active accounts will host JUMO’s AI credit engine, issuing $5–$500 loans repayable automatically from wallet balances. • Roll-out begins in Burkina Faso, then Mali and ...

US reduced initial April rates (up to 50%) to 10-30% in August for some African nations, exempting minerals/oil, via negotiations to address trade deficits. • Southern Africa (e.g., South Africa at 30 ...

Presidential Decree 2019-034 transformed PAD from landlord to master developer, allowing PAD to monetise surplus plots and diversify revenue, exactly the playbook used by Rotterdam, Durban, and ...

A new bilateral commission will oversee energy, education, and security projects. The initiative follows President Traoré’s visit to Russia in May 2025. Trade reached $753.5 million in 2024 and is ...

Solarcentury has launched the first 25 MW phase of the Mailo solar project. Electricity is now sold on the Southern African Power Pool without a PPA. The plant is set to reach 118 MW, with 500 MW more ...

Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concentration in top banks (54% assets) holds 75% of bad loans, with deposits shifting to cash hoarding. A $550 ...

The government of Côte d’Ivoire will allocate CFA25.3 billion (about $44 million) to support its cotton sector in the 2025/2026 season, Agriculture Minister Kobenan Kouassi Adjoumani announced on July ...

MSC to launch Iroko service on Sept 10, directly linking China, Singapore, and West Africa. Route reduces transshipment, cutting transit times to ports like Pointe-Noire and Lagos. Part of MSC's ...

The agreement states that students will exchange for a semester or a year each year. It also includes joint research focused on tropical-ecosystem preservation, climate-change mitigation, and ...

MTN Rwanda invests heavily in network upgrades but faces growing service quality problems. The Rwandan regulator RURA summoned MTN after two days of major disruptions in voice, SMS, USSD, and ...

Zambia seeks a 12-month extension of its $1.7B IMF program beyond October 2025. • The extension supports reforms for economic stability and debt sustainability. • Zambia has restructured major debts, ...

Attijariwafa Bank’s H1 2025 net income rose 19.8% to 5.9B dirhams. • Strong loan growth and lower risk costs boosted performance. • Operating cash flow fell sharply to -11.6B dirhams, raising ...