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 ...

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.

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 ...

FinCEN proposed on August 28 to restrict Banque Misr’s five UAE branches from accessing U.S. correspondent banking. The measure is not yet final. FinCEN says the branches processed about $1.8 billion ...

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, ...

Nyabarongo II will add 43.5 MW to Rwanda’s power grid when it enters service in December 2027. Its reservoir could irrigate 20,000 hectares and support up to 200 MW of floating solar capacity. The ...

Nigeria produces only about 39% of the fish it consumes, leaving an annual supply gap of nearly 2.2 million tons that the government wants to reduce through higher domestic production. The deficit ...

Former Energy Minister Deogratius Ndejembi became Tanzania’s vice president at age 43 after unanimous approval by Parliament. President Samia Suluhu Hassan presented his appointment as part of an ...

Subex disclosed on August 26 a three-year contract to run fraud detection across the mobile network and mobile money operations of an African operator owned by a global telecom group. The deal is ...

Rostam Aziz has acquired a stake of just over 50% in Nation Media Group through his company Taarifa. Minority shareholders will not receive a buyout offer after regulators exempted Aziz from the ...

Botswana is tightening controls on cattle movements as it works to contain foot-and-mouth disease and restore the animal-health status required for access to export markets. The European Union has ...

AFC has set up a wholly owned insurance company in Bermuda with $30 million in capital. The new company will allow AFC to insure some of its own loans instead of relying mainly on outside insurers.