Nigeria’s Bank of Industry has named Kuramo Capital Management to run the $170.6 million DICE Fund of Funds under the iDICE program The deal is Kuramo’s second major state mandate in two years, ...

Benin has reduced monthly fees by 15% to 30% for most traders in its modern markets to make commercial spaces more affordable and encourage higher occupancy The government will increase subsidies for ...

OPEC+ is expected to approve another production increase at its July 5 meeting, according to Reuters. The proposed increase of about 188,000 barrels per day would match the hikes adopted for June and ...

Mabani Aljazeera Holding Group agreed to buy a 50%-minus-one-share stake in Tatu City's Jabali Towers The investment is made through its Swan Properties unit, a bet on Kenya's largest investment hub ...

Côte d'Ivoire has ratified two World Bank loan agreements totaling $399.2 million to support private investment and job creation. The financing will back reforms in key sectors, including energy, ...

TotalEnergies plans to build a 7.1 MW solar plant at its Mozambique LNG site in Afungi to help power construction and operations. The project is part of the company's efforts to reduce emissions from ...

Africa Finance Corporation (AFC) has issued a $500 million five-year eurobond with a 5.375% coupon, its lowest spread ever over U.S. Treasuries for a bond of that maturity. The bond attracted strong ...

Ghana’s new $300 million World Bank-backed education program highlights the growing cost of expanding free secondary education. Benin is preparing to make public secondary education free for all girls ...

Anglo American says a deal to sell De Beers could be reached within weeks after more than two years of negotiations. Botswana remains one of the leading contenders as it seeks greater control over its ...

The United States and Tanzania have signed a five-year, $3.1 billion health cooperation agreement. The partnership aims to strengthen Tanzania’s health system through joint investment, infrastructure ...

The Congolese government has submitted a revised 2026 budget of CFA2.561 trillion ($4.4 billion), up 10.4% from the original spending plan. The revision reflects higher expected oil revenues and ...