Ghana: Ghana's Fido Secures $5.5m Debt to Expand Digital Lending

Fido Ghana has secured $5.5 million in debt financing to expand its digital lending operations and scale its platform in Ghana and Uganda. Read more »

Nigeria: Nigeria Signs $1.3b Deal With AFC for Alumina Refinery

Nigeria has signed a $1.3 billion agreement with the Africa Finance Corporation to build an alumina refinery that will process bauxite locally and expand the country's role in the… Read more »

Togo: Togo Advances Plans for New Industrial Zone in Agbélouvé

Togo is moving forward with plans to develop a new industrial zone in Agbélouvé, about 65 km north of Lomé, as part of its strategy to expand local processing… Read more »

Africa: BRVM Extends Rally to Seventh Week As Solibra Hits Record High

The BRVM posted its seventh consecutive weekly gain, supported by dividend season flows and rising trading activity. The Composite index rose 3.81% to 417.71 points. The BRVM 30… Read more »

West Africa: Nigeria Extends Shea Export Ban to Boost Local Processing

Nigeria has extended its ban on the export of raw shea nuts for another year, reinforcing its push to expand domestic processing and retain more value from one of its key… Read more »

West Africa: AfDB Backs Saviu With €6.5m to Boost Francophone Startup Funding

The African Development Bank has approved a €6.5 million investment in Saviu II, a venture capital fund targeting early-stage technology startups in Francophone West and… Read more »

West Africa: Sitab Q4 Sales Rise 4 Percent As Profit Drops On Higher Costs

Société Ivoirienne des Tabacs (BRVM: STBC) reported a 4% increase in fourth-quarter sales volumes for 2025, but earnings declined sharply due to higher costs and… Read more »

South Africa: Toronto-Based Aimia Completes Listing On JSE Main Board

The Johannesburg Stock Exchange has recorded its first Main Board listing of 2026 with the secondary inward listing of Aimia Inc., a Toronto-based diversified investment holding… Read more »

Nigeria: Ngx Suspends Zichis Shares After 859 Percent Post-Listing Surge

The Nigerian Exchange Limited has suspended trading in the shares of Zichis Agro-Allied Industries Plc pending an investigation into recent market activity. Read more »

Zambia: Zambia Neobank Lupiya Extends Series a to $11.25m

Zambian digital bank Lupiya has extended its Series A funding round to $11.25 million as it prepares to scale operations in Zambia and expand into new markets. Read more »

Africa: Spiro Raises $50m to Expand Electric Motorcycle Network Across Africa

Kenya-based electric mobility company Spiro has secured $50 million in new funding to expand its battery-swapping network and electric two-wheeler operations across Africa. Read more »

Kenya: PWC Seeks Buyers for Koko Networks After Administration Filing

PwC has begun seeking buyers for the business or assets of Kenya's KOKO Networks after the clean cooking company entered administration. Read more »

Egypt: Beltone Holding Launches Platform to Back Growth-Stage Firms

Egypt-based Beltone Holding has launched a Private Equity platform, expanding its multi-stage investment strategy beyond early-stage venture capital. Read more »

Egypt: Egyptian Exchange to Launch Futures Market On March 1

The Egyptian Exchange will launch its long-awaited futures market on March 1, 2026, beginning with contracts linked to the EGX30 index. Read more »

Nigeria: Nigeria Central Bank Cuts Benchmark Rate to 26.5% in Cautious Move

The Central Bank of Nigeria lowered its benchmark interest rate by 50 basis points to 26.5%, delivering a smaller cut than many analysts had expected. Read more »

Africa: South Africa Opens Applications for 2026 National Cleantech Challenge

Applications are now open for the 2026 South African National Cleantech Innovation Challenge, a programme designed to support locally developed solutions addressing provincial… Read more »

Kenya: Kenyan Climate Startups Invited to Apply for UK-Backed Program

Low-carbon entrepreneurs in Kenya are being invited to apply for the Climate Finance Accelerator, a UK government-funded programme aimed at preparing climate ventures for… Read more »

Nigeria: Nigeria's Terra Raises $22m More to Expand Autonomous Security Systems

Nigerian defence-tech startup Terra Industries has secured an additional $22 million in funding, bringing its total raise to $34 million within months of launch. Read more »

Cote d'Ivoire: Ivory Coast Faces 200,000 Tons of Unsold Cocoa Over Price Dispute

Ivory Coast may end March with close to 200,000 tons of unsold cocoa, as tensions between regulators and international buyers slow exports. Read more »

Senegal: Mali Eyes Atlantic Access Through $800m Senegal River Corridor

Landlocked Mali could gain direct access to the Atlantic Ocean under an ambitious plan to transform the Senegal River into a major commercial shipping corridor linking Mali to… Read more »

Morocco: Morocco Fintech Wafr Raises $4m to Digitise Corner Stores

Morocco-based fintech WafR has raised $4 million in an oversubscribed seed round to expand its network of digitised neighborhood stores and broaden its financial services offering. Read more »

Kenya: Kenya Central Bank Signals More Rate Cuts After 10th Easing Move

Kenya's central bank has cut its benchmark rate for the 10th consecutive time and signaled room for further easing to support growth. Read more »

Zimbabwe: U.S. to End $367m Health Aid Program in Zimbabwe After Talks Collapse

The United States will wind down its health assistance programs in Zimbabwe after Harare withdrew from negotiations over a proposed bilateral agreement. Read more »

South Africa: South Africa Debt Set to Peak As Budget Signals Fiscal Turn

South Africa's government debt will peak this fiscal year, ending 17 years of steady increases, Finance Minister Enoch Godongwana said in his annual budget speech. Read more »

Kenya: Kenya Raises $2.25b in Eurobond Sale to Fund Debt Buyback

Kenya has raised $2.25 billion from international markets through a dual-tranche Eurobond to finance a $500 million debt buyback and support its budget. Read more »