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DRC Raises $1.25 Billion in Maiden Eurobond to Fund $2.5 Billion Mining Infrastructure Projects

Vaughn Hillyard Apr 22, 2026
The DRC raised $1.25 billion in its first Eurobond to fund $2.5 billion in mining infrastructure, energy, and social projects with UNDP oversight.
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Ghana Cocoa Board inks $1.5 billion deal with US firms amid global prices hitting $12,000 per ton…

Vaughn Hillyard Apr 22, 2026
Ghana Cocoa Board signed a $1.5B deal with US firms to finance cocoa purchases amid $12,000/ton global prices under AfCFTA protocols.
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South Africa’s National Treasury reinforces Black Economic Empowerment rules in draft public…

Vaughn Hillyard Apr 22, 2026
South Africa’s National Treasury proposed draft rules to strengthen Black Economic Empowerment in $2.5 billion annual public procurement contracts.
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Ethiopia’s Ethio Telecom Earnings Hit $1.2 Billion, Partners Chipper Cash for $100 Million…

Vaughn Hillyard Apr 21, 2026
Ethiopia's Ethio Telecom earned $1.2 billion in 2023 and partnered with Chipper Cash for $100 million in cross-border digital wallet transfers.
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Kenyan President Ruto Defends High Fuel Prices

Vaughn Hillyard Apr 20, 2026
Kenyan President Ruto defended high fuel prices, citing Kenya's middle-income status and fuel levies funding road projects during a Nairobi church service.
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Nigerian Government Debunks Hidden Spending Claims, Clarifies World Bank Report

Vaughn Hillyard Apr 20, 2026
Nigeria’s Finance Minister Taiwo Oyedele refutes claims of hidden spending, clarifying the World Bank report supports fiscal reforms.
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Donors pledge 1.7 billion dollars for Sudan humanitarian crisis

Vaughn Hillyard Apr 18, 2026
Donors pledged $1.7 billion at a Berlin conference to aid 14 million people affected by Sudan’s civil war humanitarian crisis.
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Seven Nigerian listed banks miss NGX audit filing deadline

Vaughn Hillyard Apr 18, 2026
Seven Nigerian banks missed the January 30, 2026 NGX deadline for Q4 and full-year financial filings, opting for audited accounts within 60 days.
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Kenya seeks World Bank emergency funding amid oil price shock

Vaughn Hillyard Apr 17, 2026
Kenya requested emergency funding from the World Bank to address fuel price shocks caused by the Iran war, Central Bank Governor Kamau Thugge said.
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IMF warns of mounting economic pressures for Sub-Saharan Africa amid global instability

Vaughn Hillyard Apr 17, 2026
The IMF warns Sub-Saharan Africa faces rising inflation and slower growth in 2024 due to global instability and Middle East conflicts.
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