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 ...
WAEMU Growth to Slow to 5.6% in 2026, but Economy Remains Among Sub-Saharan Africa’s Fastest-Growing
The World Bank expects economic growth in the West African Economic and Monetary Union (WAEMU) to slow to 5.6% in 2026 before stabilizing at 5.7% in 2027 and 2028. Benin, Côte d’Ivoire and Niger are ...
Europe’s Copernicus monitoring service detected a methane leak exceeding 40 tons per hour at Niger’s Agadem oil field, with emissions continuing since September 25. The leak followed a blowout at a ...
Tunisia is preparing an emergency response after detecting olive knot disease in the Mahdia governorate. Olive oil production is forecast to fall to 300,000 tons in 2026/2027, down 40% from the ...
Egypt inaugurated the Al-Amriya dry port in Alexandria on October 14, 2026, following an investment of 700 million Egyptian pounds ($13.1 million). Covering 146,000 square meters, the facility is ...
Manufacturing's share of GDP fell from 13.9% in 2017 to 9.8% in 2025, according to the UN. The DRC averaged 7.2% economic growth between 2021 and 2025, largely supported by mining. The UN Economic ...
Nigeria’s annual inflation rate fell to 14.63% in September 2026, from 15.39% in August and 20.98% a year earlier. Food prices fell 1.55% in September, helping drive the slowdown in inflation, with ...
What practical steps can improve access to credit in the Central African Economic and Monetary Community (CEMAC)? That question was at the center of discussions held on October 1-2, 2026, in Bangui, ...
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 ...
Only 4,000 km of the 30,200 km of new railway lines planned across Africa by 2040 had been built at the time of the Africa Finance Corporation’s 2024 assessment. In Ethiopia, a railway project halted ...
U.S.-based Quantum Leap Energy and South Africa’s state-owned Necsa signed an agreement on October 15 to develop a uranium enrichment facility near Pretoria, with an 80%-20% ownership split. The ...
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, ...
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