Macky Sall UN Bid Trails as Costa Rica Leads Straw Poll
Macky Sall UN bid placed fifth of seven in a leaked 30 July straw poll, while Costa Rica's Rebeca Grynspan...
July 31, 2026Section
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South Africa’s TFG Sees Profit Fall 59% After Writedowns
The owner of Foschini, Markham and Jet sold more clothing than a year earlier and still saw profit drop by...
July 31, 2026
De Beers Set to Sell for US$1 Billion, a Tenth of 2011 Value
Anglo American is in talks to sell the world's best-known diamond company for about US$1 billion, against the US$12.75 billion...
July 31, 2026
Ghana Wants US$700 Million to Restart Its Aluminium Smelter
Ghana is looking for a co-owner, not a buyer, to revive its idled aluminium smelter. Officials put the bill above...
July 31, 2026
Tanzania Raises US$100 Million in London for Small Firms
A shilling-denominated bond listed in London on July 25 raised the equivalent of US$100 million for Tanzanian small businesses, with...
July 31, 2026
Nigeria’s Bauchi Borrows US$91.6 Million for 24 New Roads
Bauchi State signed a $91.6M Nigeria roads loan with an ECOWAS bank to build 24 roads and bridges. Nigeria's federal...
July 31, 2026
South Africa’s Bengwenyama Mine to Triple Chrome Revenue
Southern Palladium lifts Bengwenyama chrome production to 1.054 million tonnes annually after chromite recovery hits 85.6%, shifting project revenue to
July 31, 2026
Nigeria Private FX Outflows Jump 165% to $16.3 Billion
Private-sector FX outflows from Nigeria surged 165% to $16.3 billion in 2025, reshaping who controls dollars in Africa’s largest economy.
July 31, 2026
Kenyans Shift Savings to Special Funds as MMF Yields Decline
Kenya special funds now hold 23.9% of CIS assets as money market funds plunge from 90% to 51.9% share. With...
July 31, 2026
Africa Intelligence Brief — Thursday, July 30, 2026
Africa Intelligence Brief July 30 — ICC links Darfur crimes to Sudan's leadership. DR Congo Ebola deaths hit 1,405 as...
July 30, 2026
BOAD Raises US$153 Million in Tokyo Without a Guarantee
The BOAD Samurai bond raised about US$153 million in two yen tranches, the first unguaranteed public Samurai issue by a...
July 30, 2026
S&P Global Buys Control of a Pan-African Rating Agency
African credit ratings gain a global owner as S&P Global takes a majority stake in Agusto & Co., the Lagos...
July 30, 2026
São Tomé’s Plantation Estates Become World Heritage
Six São Tomé roças — the cocoa and coffee estates built on forced labour — are now UNESCO World Heritage,...
July 30, 2026
Morocco Takes Its US$26 Billion Gas Pipeline to Washington
The Atlantic Africa Gas Pipeline has opened financing talks with US EXIM and the World Bank, a week after ECOWAS...
July 30, 2026
Angola Launches Studies for West-East Highway Megaproject
Angola signed a US$21 million deal for feasibility studies of a 1,300-km West-East highway linking Lobito port toward the DRC...
July 30, 2026
Mozambique Caps Foreign Card Payments at US$94,000 a Year
The Mozambique card payment limit caps overseas card spending at 6 million meticais (US$94,000) a year per holder as the...
July 30, 2026
Ethiopia Copies China’s Textile Park Model to Chase Export Jobs
Ethiopia has built seven textile industrial parks, with nine more planned, as Chinese firms finance and operate most of them...
July 30, 2026
Ghana Debt Distress Ends as IMF Exits Bailout with US$371M
The Ghana debt distress upgrade: the IMF moved the country to moderate risk and released a final US$371 million, closing...
July 30, 2026
West African Nation Benin Installs New Senate, Completing Reform
The Benin new Senate, a 25-member upper house, was installed on 30 July 2026, completing a constitutional reform that lengthens...
July 30, 2026
Senegal FDI Plunges to US$337 Million, Sounding Economic Alarm
The Senegal FDI collapse saw inflows sink to US$337 million in 2025, a near-90% drop, as a hidden-debt scandal and...
July 30, 2026