March 02
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: 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 27
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 »
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 »
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 »
February 26
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 »
February 25
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 »
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 »
February 22
Ethiopia: Ethiopia Ev Adoption Gains Pace After Gas Car Import Ban
Ethiopia's ban on imported gasoline and diesel cars is driving a rapid shift toward electric vehicles, reshaping one of Africa's smallest auto markets. In 2024, the government… Read more »
Nigeria: Wealthiest African Aliko Dangote Prepares Daughters in Succession Push
Aliko Dangote has appointed his three daughters to expanded leadership roles across Dangote Group as he pursues a plan to build the business into a $100 billion enterprise within 4… Read more »
South Africa: South Africa Unemployment Falls to Five-Year Low
South Africa's unemployment rate fell to 31.4% in the final quarter of 2025, the lowest level in more than 5 years, according to Statistics South Africa. Read more »
