The Bank of Central African States kept key rates unchanged at its September 29 meeting. CEMAC growth is forecast to slow to 2.6% in 2025, weighed down by oil and gas output. Inflation is easing, but ...
TotalEnergies has pushed the restart of its Mozambique LNG project to 2029. The $20 billion project has been on hold since 2021 due to violence in Cabo Delgado. Annual output of 13 million tons of LNG ...
Climate change could cut Uganda’s growth by 3.1% by 2050 without adaptation measures. Agriculture, 24% of GDP and employer of 72% of the workforce, faces severe risks. Uganda needs $28 billion for ...
Intra-EAC trade grew 22% in 2024 to over $11 billion, UN Economic Commission says. Growth was driven by agricultural and manufactured goods, including textiles and cement. Intra-African trade also ...
Nigeria secured a $500 million World Bank loan for the BRIDGE digital backbone project. The $1.6 billion plan will extend the national fiber network from 35,000 km to 125,000 km. Broadband penetration ...
Equatorial Guinea will open a new oil and gas licensing round in April 2026, offering 24 blocks. Oil output has fallen from 241,000 barrels per day in 2010 to 55,000 in 2023, pushing major firms to ...
Five- and seven-year bonds issued at 6.45% and 6.60% • Move part of Togo’s strategy to diversify financing amid high public debt • Listing expected to improve liquidity and attract regional investors ...
Nigeria’s 2025/26 grain imports projected at 10.1M tons, up 10% • Wheat imports reach 6.7M tons; rice 3.2M; corn 260,000 • Stable currency, lower global prices boost affordability, ease inflation ...
Pilot includes 12 institutions; part of 2030 digital strategy for “zero paper.” • UXP platform enables secure, real-time data sharing between government agencies. • Move aims to cut duplication, ...
National Drug Catalogue and AVGroupHub platform to be operational by 2025 • Regulation aims to modernize healthcare, secure access, and combat illegal distribution • Part of Guinea-Bissau’s 2025 ...
Seven Chinese firms plan industrial zone, manganese plant in Gabon • Project supports 2029 ban on raw manganese exports • Move aligns with strategy to boost local value addition, jobs A delegation of ...
Equatorial Guinea signed a $690 million deal with Chevron to develop the Aseng gas project. The project comes as the country’s oil output has fallen to around 55,000–62,000 barrels per day in 2025, ...
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