Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concentration in top banks (54% assets) holds 75% of bad loans, with deposits shifting to cash hoarding. A $550 ...

Solarcentury has launched the first 25 MW phase of the Mailo solar project. Electricity is now sold on the Southern African Power Pool without a PPA. The plant is set to reach 118 MW, with 500 MW more ...

A new bilateral commission will oversee energy, education, and security projects. The initiative follows President Traoré’s visit to Russia in May 2025. Trade reached $753.5 million in 2024 and is ...

MSC to launch Iroko service on Sept 10, directly linking China, Singapore, and West Africa. Route reduces transshipment, cutting transit times to ports like Pointe-Noire and Lagos. Part of MSC's ...

The government of Côte d’Ivoire will allocate CFA25.3 billion (about $44 million) to support its cotton sector in the 2025/2026 season, Agriculture Minister Kobenan Kouassi Adjoumani announced on July ...

NDPHC aims to commercialize 200 MW from idle plants, pending regulator approval. Nigeria generates only 4,000-6,000 MW despite 14,000 MW installed capacity. Poor coordination and delays block power ...

COBAC orders CEMAC banks & MFIs to comply with Islamic-finance rules by 31 Dec 2025, using only approved Islamic windows. • Regulation 04/22/22 defines instruments, mandates Sharia boards, enables ...

Rawbank announced in a statement dated 23 July 2025 the appointment of Françoise Lungangi Kitundu as an independent director, with the approval of the Central Bank of Congo (BCC). She has also been ...

Attijariwafa Bank’s H1 2025 net income rose 19.8% to 5.9B dirhams. • Strong loan growth and lower risk costs boosted performance. • Operating cash flow fell sharply to -11.6B dirhams, raising ...

Zambia seeks a 12-month extension of its $1.7B IMF program beyond October 2025. • The extension supports reforms for economic stability and debt sustainability. • Zambia has restructured major debts, ...

Ain Sokhna port received new cranes for Terminal 1, set to launch by year-end. • The terminal, led by Hutchison Ports, will handle 3.5M TEUs annually. • It supports Egypt’s Red-to-Med corridor linking ...

DRC signed a €43M deal with FC Barcelona, adding to earlier partnerships with AC Milan and AS Monaco, totaling €89.8M. • The deals face criticism amid local crises, with calls to prioritize basic ...