Master Plastics receives undisclosed funding from Nedbank and Investec to expand sustainable packaging production. • Metier Capital Growth Fund III replaces Fund II in ownership shift, signaling a new ...

Key Highlights • Ivory Coast ends TSDAR, a petroleum tax introduced in 2018 to reduce SIR’s debt. • Government to redirect two-thirds of revenue to electricity sector via new tax starting July 1. • ...

Sri Lankan textile group, Star Garments, inaugurates its first factory in Africa with an anticipated 4,520 jobs by 2030. • This $15 million project, backed by global lingerie provider Komar and ...

Kenya allocates $27 million to renovate 19 tea factories as part of sector reforms. • Producers can now sell tea directly on international markets, bypassing auctions. • Government targets major ...

Nigeria plans to establish a real-time tracking system for all exported crude oil consignments to curb the losses Nigerian authorities move to implement mandatory registration of all crude oil ...

Ghana requires approximately $6 billion in funding to implement comprehensive flood prevention and control measures. • Flooding annually impacts an average of 45,000 people in the country, according ...

Laurent Gbagbo’s PPA-CI and Tidjane Thiam’s PDCI have joined forces to challenge what they call a rigged Ivorian presidential election process. Both leaders remain banned from the electoral list.

(AfDB)-Kenya and Senegal have claimed the top spots in the African Development Bank’s 2024 Electricity Regulatory Index (ERI), demonstrating exceptional progress in power sector governance and ...

African agriculture still faces barriers to food self-sufficiency. As mechanization drove the Industrial Revolution, digital technology now offers transformative potential in the Fourth Industrial ...

Rwanda targets $335.4 million in private capital to strengthen climate resilience in agriculture The plan aims to support 170,200 farmers and 375 businesses through sustainable financing Investment ...

West Africa’s regional exchange is exploring a shift from T+3 to same-day settlement Global markets are already adopting faster cycles like T+1 and T+0 Experts say the move could raise efficiency but ...

Highlights: Moody's confirms confidence in Bank of Africa's Moroccan operations but raises concerns over asset quality in Sub-Saharan Africa BOA's diversification supports profitability but exposes it ...