Nigeria allocated ₦50 billion each to NELFUND and its consumer-credit agency from recovered crime proceeds in 2024. Another ₦50 billion for each institution was approved in 2026. The EFCC recovered ₦1 ...

The West African Monetary Union's banking commission, in its annual report published on August 21, puts loans at 68.9 percent of deposits across the union's 135 banks, down from 77.6 percent two years ...

African air cargo growth slowed to just 1.1% in July 2026 after several months of stronger gains, reflecting weaker momentum on major international trade routes. The slowdown on the Africa-Asia ...

Ghanaian non-life insurers held 32 percent of their portfolios in government and Bank of Ghana securities at the end of 2024, up from 27 percent a year earlier; life insurers moved from 40 percent to ...

Morocco has reminded political parties that voter data, including information on political opinions, must be processed under strict privacy and consent rules. Research across African elections ...

Angola wants oil production above 1 million barrels per day, with the government now treating that level as a floor rather than a target. Recent projects from TotalEnergies and Azule Energy have added ...

PointZero is entering Africa’s power market through the planned acquisition of Azura Power, which operates 752 MW of generation capacity in Nigeria, Senegal and Mozambique. The deal gives the ...

IMF staff and Dakar reached a staff-level agreement on September 1 on a three-year, $2.2 billion program, the first agreement since lending was halted in 2024 over previously unreported debt.

The 16th International African Diaspora Film Festival will bring around 15 films to Paris from September 4 to 6, with several French, European and Paris premieres. The program focuses on memory, ...

Kenya created about 822,000 jobs in 2025, but more than 87% were in the informal sector, underscoring the economy’s continued reliance on low-formality employment. The government is shifting attention ...

Seychelles and Angola are considering a bilateral air services agreement to improve direct connectivity and facilitate travel between the two countries. The initiative revives discussions first ...

Mam Cherno Jallow has taken over GIABA with a focus on strengthening member states’ anti-money laundering capabilities ahead of the next round of mutual evaluations. The evaluations carry direct ...