Uganda’s state-owned National Oil Company (UNOC) is set to acquire a $2 billion loan from Vitol Bahrain EC (VBA) to fund oil-linked infrastructure, including a domestic refinery, pipelines, storage terminals,.
The African Development Bank (AfDB) has secured $11 billion for the African Development Fund (ADF), its concessional financing window for low-income African countries, marking a record replenishment amid tightening global.
Kenya’s Cabinet has approved the establishment of two landmark financial vehicles, the National Infrastructure Fund (NIF) and the Sovereign Wealth Fund (SWF) aimed at underpinning long-term national development without deepening.
The launch of the Nigeria–Central Europe Chamber of Commerce (NCECC) in Abuja, at first glance, may appear to be another diplomatic event. In reality, it signals something more consequential: Nigeria.
South Africa’s rand (ZAR) in mid-December 2025 traded around 16.85 to 17.10 per US dollar, reflecting a 5.66% appreciation over the past year. This resurgence is tied to a combination.
Ethiopia has reached a staff-level agreement with the International Monetary Fund (IMF). This will, in effect, bring in $261 million in fresh financing, pending board approval. For Ethiopia, this is.
The U.S. House of Representatives’ committee on trade signalled that it will take up a proposed three-year extension of AGOA, the landmark trade initiative that for over two decades provided.
Ghana’s economy expanded by 5.5 per cent year-on-year in the third quarter of 2025. The data, released by the Ghana Statistical Service (GSS), underscores a rebound in activity across a.
As 2025 draws to a close, Africa’s development story is increasingly defined not by the size of its GDP alone, but by the lived experiences of its people. Education quality,.
South Africa’s PetroSA has facilitated a deal giving Shell Offshore a 60% stake in Block 2C off the west coast. This represents a strategic shift in how the country approaches.
