The West African Monetary Union’s Banking Commission, in its annual report published on August 27, puts loans at 68.9% of deposits and borrowings across the 135 banks covered by its deposit-and-loan ...

Malawi’s largest listed conglomerate turns 120,255,713 ordinary shares into 4,208,949,955 on September 7, cutting the quoted price from about K9,520 ($5.50) to roughly K272 (16 U.S. cents). Fewer than ...

Haranga Resources has appointed Patrick Mutz as chief executive officer with immediate effect. Mutz brings more than 30 years of experience in mining governance, exploration, project development and ...

Guinea-Bissau voters approved the new Constitution with 70% of valid votes, while turnout reached 62.6%. The reform expands presidential powers, including authority to appoint and dismiss the prime ...

Morocco is building an integrated logistics hub around Dakhla Atlantique, combining the future port with the El Argoub logistics zone and the El Guerguerat trade corridor. The $1.6 billion port, ...

DR Congo is considering turning its National Housing Fund into a state-owned housing bank. The country faces a housing shortage of nearly 4 million units, with investment needs estimated at $132 ...

The ECOWAS Bank for Investment and Development (EBID) and the Banque de l'Habitat de Côte d'Ivoire (BHCI) signed a CFAF 10-billion financing agreement on 2 September 2026 to support housing finance ...

Mohammed Lamine Lebbou has moved from the Bank of Algeria to the Finance Ministry as part of President Abdelmadjid Tebboune’s latest cabinet reshuffle. He takes over as Algeria faces a large budget ...

Côte d'Ivoire launched a pan-African coalition against illegal artisanal and small-scale mining on the sidelines of the COP17 desertification talks, aiming to pool resources and coordinate ...

Senegal will keep CFA franc-denominated debt outside its restructuring plan, protecting regional banks that hold large amounts of its government securities. The government plans to rely heavily on the ...

Togo’s exports rose 29.5% year over year to CFA295.7 billion in the second quarter of 2026. Phosphate remained the top export, while India alone accounted for 40.6% of overseas sales. Imports reached ...

Goldman Sachs expects South Africa to regain investment-grade sovereign ratings in 2028, supported by stronger growth, improving public finances and a better political environment. Fitch raised South ...