Angola expects fuel subsidies to cost up to 3.8 trillion kwanzas ($4.16 billion) in 2026, against 1.7 trillion kwanzas initially budgeted. Higher oil prices are increasing the cost of maintaining ...

Malawi’s Kayelekera mine is preparing its first uranium shipment since restarting production, but exports through Namibia still require a final transport permit. African uranium producers use stock ...

A.P. Moller Capital has agreed to acquire Singapore-based Portek International, giving it control of two port terminals in Gabon and one in Algeria. The terminals include Algeria’s Bejaia ...

The Bundibugyo outbreak spread to an eighth province in the Democratic Republic of Congo this week, reaching the border with the Central African Republic, while Kenya confirmed a third case linked to ...

Senegal's inflation slowed to 1% in September 2026, down from 1.2% in August. Food prices rose 0.9%, while transportation costs increased 1.2%. Locally produced goods became 1.4% more expensive. The ...

Africa recorded the world's largest gains in resilience to disasters and everyday risks since 2023, with North Africa posting the biggest increase of five points. Greater internet access and stronger ...

BADEA plans to provide $20 million and €10 million to finance trade in Cape Verde, with a focus on small and medium-sized enterprises. The financing will prioritize agribusiness, renewable energy and ...

Norwegian company TGS will reprocess more than 11,000 square kilometers of offshore seismic data in Guinea-Bissau, with results expected in late 2027. The project aims to help oil companies assess ...

Ethiopia has joined the Pan-African Payment and Settlement System (PAPSS), allowing its financial institutions to connect to the network. The platform enables businesses to make cross-border payments ...

Egypt accounts for about 30% of the principal due between 2027 and 2030, and the five largest issuers for about 70%. Eight African sovereign Eurobonds have been issued at yields above 10% since 2024, ...

The African Development Bank and UNDP plan to begin implementing their $10 billion AI investment initiative in five countries, expanding to 20 by the end of 2027. Launched in February 2026, the ...

The World Bank Group plans to increase its critical minerals financing fivefold to $19 billion between 2026 and 2030. Twenty countries have been identified as potential partners, although the Bank has ...