Personal relationships, rather than formal laws and regulations, ultimately drive business success in Africa

Nigerian firm has been awarded Ethiopia’s first-ever foreign investment banking license

SA government says it is counting on renewable energy to significantly lower the country’s soaring electricity costs

Kenya’s central bank kept its benchmark lending rate at 8.75%

The International Monetary Fund (IMF) has approved a new 38-month programme for Rwanda under the Extended Credit Facility, providing access to about $250 million equivalent (SDR 185 million) to help the country navigate tighter global financing conditions and sustain economic growth.

The African Development Bank (AfDB) Group has approved approximately $111 million (€103.14 million) in financing for Côte d’Ivoire to expand electricity access and strengthen power infrastructure, with a focus on rural and underserved communities.