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Nigeria's financial sector discussed fully market-driven currency exchange rates after President Tinubu ended the controlled float system in June 2023.

The IMF approved a $266 million funding deal for Liberia to support climate adaptation, pandemic preparedness, and economic resilience.

Shoprite has exited the Nigerian retail market after nearly 16 years, citing supply chain issues and financial challenges.

South Africa's annual inflation rose to 3.1% in March 2026, driven by higher education and housing costs, Statistics South Africa reports.

Rwanda signed an $800 million deal with China to finance a lithium processing plant in Kigali as part of China’s 15th Five-Year Plan.

The U.S. invested $50 million in South Africa's Phalaborwa Rare Earths Project to support critical mineral extraction amid diplomatic tensions.

Kenya’s Safaricom M-Pesa processes $15 billion in transactions, upgrades system, and partners with Flutterwave for Ghana cross-border payments.

Chinese firm CNGR and Al Mada invest $2 billion in Morocco to develop battery materials, connecting mining to Rwanda's AfCFTA supply chain.

Shoprite exited Nigeria after 15 years, selling 26 stores to local buyers for $200 million and shifting to a franchise model.

Safaricom’s M-Pesa processed $45 billion in Kenya-Côte d’Ivoire remittances under the AfCFTA pilot using PAPSS and regional partnerships.