May 31
Mali: Moody's Cuts Mali Outlook to Negative On Security Deterioration
Moody's lowered its outlook on Mali's sovereign debt rating to "negative" from "stable" on May 29, 2026, while affirming the long-term issuer rating at Caa2 in both local and… Read more »
May 19
Nigeria: AfDB Approves $200m Facility for Nigeria's Bank of Industry
The African Development Bank approved a $200 million financing facility for Nigeria's Bank of Industry (BOI) to expand access to long-term credit for companies in sectors tied to… Read more »
Africa: WAEMU Treasuries Raise Cfa 92 Billion in Liquid Market
The WAEMU public securities market recorded strong demand in the week of May 12 to May 15, with 3 member states raising CFA92 billion against an initial target of CFA85 billion. Read more »
May 18
Africa: AFC Commits $100m to African Tech Venture Funds
Africa Finance Corporation (AFC), the pan-African development finance institution with over $19 billion in total assets, has committed $100 million to invest in Africa-focused… Read more »
Africa: WHO Declares Global Emergency Over Ebola Outbreak in Congo, Uganda
The World Health Organization declared the Ebola outbreak in Democratic Republic of Congo and Uganda a public health emergency of international concern, its highest alert level… Read more »
Ghana: Fitch Lifts Ghana Credit Rating As Recovery Gains Ground
Fitch Ratings upgraded Ghana's sovereign credit rating to B from B- on May 8, giving the country another sign of recovery after its debt crisis. Read more »
Nigeria: S&p Upgrades Nigeria's Credit Rating for First Time Since 2012
S&P Global Ratings upgraded Nigeria's long-term foreign and local currency sovereign credit ratings to 'B' from 'B-' on May 15, 2026, with a stable outlook. The agency also… Read more »
March 26
Ghana: UN Backs Ghana-Led Resolution On Slave Trade Reparations
The United Nations General Assembly adopted a resolution recognizing the transatlantic slave trade as a crime against humanity and supporting reparations for African nations, with… Read more »
March 18
Africa: Morocco Awarded Afcon 2025 Title After CAF Overturns Final Result
Confederation of African Football awarded the 2025 Africa Cup of Nations title to Morocco after its appeal board overturned the final result against Senegal and ruled the match a… Read more »
March 06
Benin: AfDB Backs Benin Deposit Fund With $330,000 to Boost SME Financing
The African Development Bank will provide $330,000 in financial and technical support to the Caisse des Dépôts et Consignations du Bénin to help expand… Read more »
March 02
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 »
February 04
Ethiopia: Ethiopia Sees Return to Double-Digit Growth On IMF-Backed Reforms
Ethiopia expects economic growth to exceed 10% this fiscal year for the first time in nearly a decade, as reforms supported by the International Monetary Fund ease foreign exchange… Read more »
October 07, 2025
Sierra Leone: IFC Provides $24m to Fund Sierra Leone's First Cement Plant in Decades
The IFC is investing $24 million in MACCEM Industries SL Limited to build Sierra Leone's first cement grinding plant in more than 40 years The package includes a $12 million loan… Read more »
September 25, 2025
Africa: Bii Invests $20m in Acumen Fund to Expand Off-Grid Solar in Africa
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July 31, 2025
Zambia: Zambia Seeks One-Year Extension of IMF Bailout Program
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July 17, 2025
Ghana: IMF Disburses $367m to Ghana As Economy Outperforms
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