Mauritania Signs $1bn Islamic Finance Agreement to Back Energy Imports and Small Enterprises
Mauritania has reached a $1 billion trade finance framework agreement with the International Islamic Trade Finance Corporation (ITFC), a Saudi-based
Global Finance
Kenya and Rwanda central banks introduce cross-border payment system for fintechs.
Kenya and Rwanda’s central banks have taken steps to enable cross-border payment access, allowing fintech companies to operate more efficiently
$70bn Infrastructure Push in South Africa Backed by Credit Guarantees to Lure Private Funds
South Africa intends to quickly scale up a newly established credit-guarantee fund aimed at attracting billions of dollars in private
Second AES state, Niger, signs $128 million health pact with Trump government
The West African nation of Niger has completed a $128 million health pact with the U.S., marking it as the
Nigeria’s foreign reserves surge 772% to $34.8 billion, surpassing total gross stock for 2023
Over the last two years, Nigeria’s foreign exchange reserves have grown significantly, with net holdings increasing more than seven times
Oil surges while stocks dip amid rising Middle East tensions
Global oil markets have climbed as Iran continues retaliatory strikes across the Middle East in response to ongoing U.S. and
Africa deploys $2.5 trillion investment capacity to boost cross-border infrastructure development
A new pan-African funding mechanism has been unveiled by African leaders to channel the continent’s $2.5 trillion in domestic capital
U.S. signals strategic comeback in the Sahel with $147M Burkina Faso health pact.
The U.S. is reinforcing its presence in West Africa’s Sahel, signing a $147 million health agreement with Burkina Faso that
French and US oil firms lead $50B LNG boost in Africa.
Mozambique aims to cement its position as a leading African gas producer with LNG megaprojects restarting on Afungi peninsula, Cabo
Zimbabwe declines $350m US health funding deal, cites sovereignty concerns
Emmerson Mnangagwa has directed his administration to pull out of talks over a proposed $350 million health funding deal with