Ghana: Ghana Inflation Cools Again Despite Oil Price Pressures

Ghana's annual inflation rate eased to 3.2% in March from 3.3% in February, marking a 15th straight month of decline, according to data released by the national statistics office. Read more »

Nigeria: Dangote Targets $40b Expansion to Scale Refining, Fertilizer Output

Dangote Group plans to invest at least $40 billion over the next 5 years to expand its refinery and fertilizer operations, as part of a strategy to scale production and reduce… Read more »

Congo-Kinshasa: DR Congo Raises $1.25b in First-Ever Eurobond Sale

Democratic Republic of Congo raised $1.25 billion in its first international bond sale, taking advantage of improved global market conditions following a pause in geopolitical… Read more »

South Africa: FirstRand Issues $149m Ecological Restoration Bond in Global First

FirstRand Ltd. sold a 2.5 billion rand bond, about $149 million, that ties investor returns to environmental outcomes in a Cape Town water catchment. Read more »

Mozambique: Mozambique Clears $700m IMF Debt Ahead of Schedule

Mozambique has repaid about $700 million to the International Monetary Fund ahead of schedule, eliminating all outstanding credit with the institution. IMF data shows the… Read more »

Africa: Governments Push for Increased Local Control of Africa's Gold

Gold Fields Ltd.'s Damang mine in Ghana is at the center of a policy shift as the government moves to increase local ownership in the gold sector. The state will take over the mine… Read more »

West Africa: Nigeria Seeks $5b Swap Deal With UAE Lender to Cut Borrowing Costs

Nigeria plans to raise $5 billion through a derivatives transaction with First Abu Dhabi Bank, as it looks for lower-cost funding amid rising global yields. Lawmakers approved… Read more »

East Africa: Kenya Revives Delayed Tech Hub With Fresh $26m Funding

Kenya Industrial Research and Development Institute's stalled techno-centre in Nairobi has been revived with new funding and a new contractor, extending delays on a project first… Read more »

Kenya: Kenya Mobile Subscriptions Rise to 51.4m As Growth Shifts to Usage

Communications Authority of Kenya said mobile subscriptions rose by 9 million to 51.36 million in the year to December 2025, up from 42.30 million the previous year. Read more »

Ghana: MTN Completes Ghana Mobile Money Spinoff to Scale Fintech Unit

MTN Group has completed the separation of its mobile money business in Ghana, as it moves to position fintech as a standalone growth unit. The company said its Ghana subsidiary,… Read more »

Kenya: Safaricom Moves M-Pesa Users to Unified App in Consolidation Push

Safaricom has begun migrating users from its standalone M-PESA app to a new platform, My OneApp, as it consolidates services and strengthens its position in Kenya's digital finance… Read more »

Nigeria: Paga Founder Moves to Group CEO As Fintech Targets Expansion

Tayo Oviosu is stepping back from day-to-day operations at Paga after 17 years, moving into a Group CEO role as the company restructures its leadership. Read more »

Africa: SMC DAO Acquires Nigeria's Bread Africa in Crypto Consolidation Move

SirMapy and Co DAO has acquired Nigerian crypto startup Bread Africa in an all-cash six-figure deal, as consolidation continues in the country's digital asset sector. Read more »

West Africa: Media King Targets Nigeria With Cloud-Based Public Wifi Model

Croatia-based Media King Group is expanding into Nigeria, aiming to deploy a cloud-managed public WiFi system in one of Africa's most complex connectivity markets. Read more »

Africa: Egypt Leads As African Tech Startups Raise $711m in First Quarter

African startups raised $711 million across more than 80 deals in the first quarter of 2026, according to data tracked by TechCabal Insights. About 18% of deals had undisclosed… Read more »

Nigeria: Flutterwave Gets Nigerian Banking License to Expand Payments Control

Flutterwave has obtained a banking license in Nigeria, allowing the company to hold deposits and process financial flows directly within the country's regulated system. Read more »

Africa: Cascador Opens Applications for Scaleup Program for African Founders

Cascador has opened applications for its 2026 ScaleUp program, targeting growth-stage founders building businesses across the continent. Read more »

Morocco: Morocco-Based Zsystems Raises $1.65m to Digitise Retail Supply Chains

ZSystems has raised 1.65 million dollars in a seed round led by Azur Innovation Management, as the company expands its platform linking brands, wholesalers, and retailers. Read more »

North Africa: Egypt Expands Startup Support Beyond Cairo With Aswan Program

Information Technology Industry Development Agency has supported 61 startups in Upper Egypt through a program run with Plug and Play, as the country seeks to broaden its tech… Read more »

North Africa: Egypt's Lucky Raises $23m to Expand Consumer Credit Platform

Lucky has raised 23 million dollars in a Series B round combining equity and debt, as the company looks to expand its consumer credit platform and enter new markets. Read more »

Africa: BRVM Updates Benchmark 30 Index With New Entrants and Exits

Bourse Régionale des Valeurs Mobilières has revised the composition of its benchmark BRVM 30 index following its quarterly review, according to a notice published on… Read more »

Africa: Iran War Drives Fuel Shock Across Africa As Govts Scramble to Respond

The war involving Iran is pushing fuel prices higher across Africa, forcing governments to take emergency measures as supply tightens and costs rise, according to a Bloomberg… Read more »

Africa: Mozambique Becomes Africa's Most Distressed Sovereign As Spreads Surge

Mozambique has overtaken Senegal as Africa's most distressed sovereign borrower, as rising global energy costs add pressure to its finances. Read more »

Burkina Faso: Bank of Africa Burkina Faso Confirms to Pay Dividends On April 23

Bank of Africa Burkina Faso (BRVM: BOABF), a unit of Morocco's BMCE Group, will pay a net dividend of 397 XOF ($0.70) per share on April 23, 2026, for the 2025 financial year, the… Read more »

Cote d'Ivoire: Boa Côte d'Ivoire Plans to Distribute $47.5m in Dividends for 2025

Bank of Africa Côte d'Ivoire (BRVM: BOAC), a unit of Morocco's BMCE Group, posted a net profit of 35.54 billion XOF ($62.4 million) for the year ended December 31, 2025,… Read more »