Vaughn Hillyard 918 posts 0 comments

Kenya and Uganda pledged $2 billion to a $4.3 billion oil refinery project in Tanzania to enhance regional oil processing and integration.

Egypt received a $1.2 billion IMF tranche after its central bank raised interest rates to 27% to support economic reforms.

Dangote Refinery plans a $5 billion IPO in 2026 across Lagos, London, and Johannesburg exchanges to fund its Vision 2030 expansion.

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.

Ghana Cocoa Board signed a $1.5B deal with US firms to finance cocoa purchases amid $12,000/ton global prices under AfCFTA protocols.

South Africa’s National Treasury proposed draft rules to strengthen Black Economic Empowerment in $2.5 billion annual public procurement contracts.

Ethiopia's Ethio Telecom earned $1.2 billion in 2023 and partnered with Chipper Cash for $100 million in cross-border digital wallet transfers.

Kenyan President Ruto defended high fuel prices, citing Kenya's middle-income status and fuel levies funding road projects during a Nairobi church service.

Nigeria’s Finance Minister Taiwo Oyedele refutes claims of hidden spending, clarifying the World Bank report supports fiscal reforms.

Donors pledged $1.7 billion at a Berlin conference to aid 14 million people affected by Sudan’s civil war humanitarian crisis.