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MTN Uganda, MTN Mobile Money and the Uganda Hotel Owners Association signed an MoU on 1 August 2025 to digitise operations across more than 780 hotels nationwide. The partnership will integrate mobile ...
Ghana has set the 2025/2026 cocoa farmgate price at $5,040 per ton, up 62.5% year-on-year. • Cocoa farmers say the new rate still falls short of their demands due to rising costs. • The government ...
Ghana will introduce a scholarship program for children of cocoa farmers starting in 2026. • COCOBOD will manage the initiative, with first awards set for the 2026/2027 academic year. • The program ...
New system will link banks, fintechs, and mobile operators in a single platform • Real-time transfers and payments to be available 24/7 across all channels • Platform aims to boost financial inclusion ...
Japan granted Burkina Faso $2.5M for food access under the K-R 2025 project. • Over 425,000 children face acute malnutrition amid ongoing crises. • The aid complements national food security efforts ...
Afreximbank announced $1.35B in financing for Nigeria’s Dangote refinery, part of a $4B syndicated deal. • The 650,000 bpd refinery has faced $3.65B in debt and a Fitch ratings withdrawal. • The ...
In Africa, transportation can account for up to 45% of the cost of some goods. Most trade is conducted over land, and resolving bottlenecks at border crossings could significantly lower these expenses ...
Ghana’s oil revenues fell 56% to $370.6 million in the first half of 2025. • Crude oil production dropped 25.5%, from 3.77 million to 2.81 million barrels. • Oil prices declined from $84.08 to $75.69 ...
OCP will increase its TSP production to 7 million tonnes by end-2025. • The Moroccan group aims to add 9 million tonnes of total fertilizer capacity by 2028 through the SP2M program. • Morocco holds ...
Nigerian startup Upgraded Era launched Hack365 Global, a cybersecurity training program for young West Africans. • Hack365 equips trainees with technical modules, international certifications, and ...
The auction is the first 25-year bond (UGX 500B), scheduled for Aug 6, aims to extend debt maturities and ease fiscal pressure. • Targets long-term investors, cuts borrowing costs vs short-term, ...
African airline traffic fell 0.3% year-on-year in June Conflict between Israel and Iran weighs on global travel Global passenger demand up 2.6% in June, less than capacity growth The armed conflict ...
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