Gaza war and Red Sea attacks incurred forgone revenue of $9–10bn to the Suez Canal Gulf tensions now threaten wider shipping routes and global supply chains Above Egypt, the overall region may face ...

The European Union has approved €6 million to support the next phase of Senegal’s regional express train expansion. The funding will help finance studies and preparatory work for extending the line to ...

Senegal plans dissolving 19 parastatal entities to cut public spending Reform could save 55 billion CFA francs over three years Plan includes restructuring 10 entities and redeploying affected ...

Investment firm Phatisa has sold its majority stake in Zambia’s egg producer Goldenlay. Belgian animal feed company Vanden Avenne acquired the shares, marking its entry into Zambia’s poultry sector.

Angola secures World Bank-backed debt swap to finance education system Up to $400 million commercial debt to be refinanced on better terms Savings will fund school construction and education ...

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom network. The project will upgrade about 1,500 mobile sites and expand 4G and 5G capacity. The investment aims ...

Nestlé Nigeria reported a net profit of 104.9 billion naira ($75.4 million) in 2025, reversing a loss the previous year. Revenue rose 26%, driven by stronger food and beverage sales. The company ...

Nigeria will launch its National Single Window platform on March 27 to centralize trade procedures. The system will allow online processing of import permits, cargo manifests, and risk management.

Chinese mining group MMG plans to invest $400 million in 2026 to expand the Khoemacau copper mine in Botswana. The project aims to raise output to 130,000 tons of copper concentrate per year by 2028.

The Ethiopian Securities Exchange has launched “Neway,” a web and mobile trading platform for investors. The tool allows users to open accounts, trade securities, and monitor portfolios online. The ...

Ghana has signed a debt restructuring agreement with Belgium, its eighth such deal with external creditors. The agreement forms part of the country’s broader effort to restore fiscal stability after ...

Nigeria is considering creating a Grid Asset Management Company (GAMCO) to manage transmission infrastructure. The move targets a key bottleneck in the country’s electricity system: limited ...