Egypt’s handset market is projected to leap from $2.5 billion in 2025 to $4.8 billion by 2031. Local factories now assemble Samsung, Oppo, Xiaomi, Vivo and Nokia, cutting finished-phone imports by 97 ...

Premium Trust Bank met Nigeria’s ₦200bn capital rule seven months early, equal to about $133m at current rates. Wema Bank, Stanbic IBTC, Ecobank, Lotus, and Jaiz have also complied, while UBA is close ...

Libya’s NOC to launch first USA–Libya Energy Forum to attract U.S. investment. Tripoli targets 2m bpd output by 2028, production hit 1.38m bpd in August. Nigeria faces structural hurdles as it seeks ...

Tanzania produced a record 12.26 million tons of maize in 2023/2024, up 53%. Output pushed the country ahead of Nigeria and Ethiopia, second only to South Africa. Growth was driven by fertilizer ...

West African Resources lifts total gold reserves to 6.5m ounces (202 tons). Assets include Sanbrado, Kiaka, and Toega, with output set to grow sharply. Burkina Faso holds 15% stakes in each project ...

State-run Transco receives 30 new Mercedes-Benz buses from local assembler. Government plans $82.5m investment for 750 buses and new facilities by 2027. Expansion targets Kinshasa’s 20m residents ...

Angola to start operations at Cabinda refinery in September with 30,000 bpd capacity. Combined with Luanda, refining capacity will reach 95,000 bpd, topping Congo, Gabon, and Cameroon. A $900m project ...

ECOWAS launches €4.5M school feeding program in West Africa Program boosts child nutrition, local farming, and rural jobs 16 NGO projects backed by Spain target multisectoral development The Economic ...

Bank loans in Niger fell 18.2% in 2024, the steepest decline in WAEMU. Long-term loans dropped 18.6%, while short-term loans rose 28.1%. Niger posted the highest rate of bad loans in the union at 26.8 ...

Ghana’s Mahama begins state visit to Singapore for cooperation Talks focus on trade, innovation, urban, and digital sectors Mahama to address Africa-Singapore Forum, lead investment roundtable ...

Algeria orders mobile coverage expansion along national road network Poor coverage linked to rising road accidents, safety concerns 4G rollout, 5G launch, and fiber upgrades underway by 2027 Algeria's ...

Global carriers dominate the continent’s ports, but countries are reviving national fleets and targeting regional niches to reduce a multibillion-dollar drain on foreign exchange. The growing ...