Access Holdings finalises deal to take over Standard Chartered Bank Gambia • Standard Chartered ends its 130-year presence in the Gambian banking market • Acquisition follows Access Holdings' recent ...

New oil find in Abu Sennan yields 1,400 barrels of crude and 1 million cubic feet of gas per day • Egypt invests $1.2 billion to drill 110 wells in 2024/2025 fiscal year • Onshore focus aims to secure ...

Wafa Assurance offers to acquire 51% stake in Cairo-listed Delta Insurance • Deal values Delta at EGP5 billion ($317 million), priced at EGP40 ($2.52) per share • Egypt Kuwait Holding to sell its ...

Africa No Filter study links negative perceptions to weak consumer interest abroad • Over 40% of Africa-related associations in US and UK were seen as negative • Positive narratives proved more ...

USDA forecasts 8% increase in paddy rice output, reaching 2.96 million tons • Cultivated area projected to expand 8% to 850,000 hectares • Improved climate, reduced pest pressure, and policy support ...

Giyani Metals receives EXIM Bank interest for $225 million in project financing • K.Hill to become Botswana’s first manganese mine, with $284 million capex • Site expected to produce 80,000 tons of ...

President Museveni signs law allowing military courts to judge civilians • Move follows Supreme Court ruling barring such trials as unconstitutional • Critics see the measure as undermining rule of ...

CNPC and South Sudan sign plan to rehabilitate key oil blocks 1, 2, 3, 4, and 7 • Output remains at 60,000–90,000 barrels/day amid ongoing export disruptions • CNPC commits resources and tech support; ...

Visa appoints Aminata Kane as Senior VP for West and Central Africa • Kane brings over 10 years of experience in digital finance and telecoms • She will lead efforts to expand financial inclusion and ...

Government to invest $30.9 million yearly to boost sugar sector • Funds sourced from a 4% Sugar Development Levy on local output and imports • Allocation to cover plantation expansion, infrastructure, ...

Côte d’Ivoire signs MoU with Raxio to support national data sovereignty strategy • CIV1 data center to launch in September 2024, at a cost of CFA36 billion ($63.5 million) • Facility to host sensitive ...

J.P. Morgan voices confidence in Afreximbank's bonds, despite the bank's exposure to sovereign debt and potential for further rating downgrades • Afreximbank's dubious credits have hit 7.1% at end of ...