Côte d’Ivoire opens $56.4M cocoa plant in Divo, adding 36,000-ton capacity. • Aims to process 100% of cocoa locally by 2030; 44% processed in 2024. • Processed exports earned $2.67B in 2023 vs. $3.5B ...

Africa to lead global pulses market by 2034, with per capita consumption topping 12 kg (OECD–FAO). • Production to grow by 900,000 tons annually, reaching 25% of global output. • Nigeria, Ethiopia, ...

New system will link banks, fintechs, and mobile operators in a single platform • Real-time transfers and payments to be available 24/7 across all channels • Platform aims to boost financial inclusion ...

Japan granted Burkina Faso $2.5M for food access under the K-R 2025 project. • Over 425,000 children face acute malnutrition amid ongoing crises. • The aid complements national food security efforts ...

Ghana has set the 2025/2026 cocoa farmgate price at $5,040 per ton, up 62.5% year-on-year. • Cocoa farmers say the new rate still falls short of their demands due to rising costs. • The government ...

Afreximbank announced $1.35B in financing for Nigeria’s Dangote refinery, part of a $4B syndicated deal. • The 650,000 bpd refinery has faced $3.65B in debt and a Fitch ratings withdrawal. • The ...

Ghana will introduce a scholarship program for children of cocoa farmers starting in 2026. • COCOBOD will manage the initiative, with first awards set for the 2026/2027 academic year. • The program ...

In Africa, transportation can account for up to 45% of the cost of some goods. Most trade is conducted over land, and resolving bottlenecks at border crossings could significantly lower these expenses ...

MTN Uganda, MTN Mobile Money and the Uganda Hotel Owners Association signed an MoU on 1 August 2025 to digitise operations across more than 780 hotels nationwide. The partnership will integrate mobile ...

OCP will increase its TSP production to 7 million tonnes by end-2025. • The Moroccan group aims to add 9 million tonnes of total fertilizer capacity by 2028 through the SP2M program. • Morocco holds ...

Ghana’s oil revenues fell 56% to $370.6 million in the first half of 2025. • Crude oil production dropped 25.5%, from 3.77 million to 2.81 million barrels. • Oil prices declined from $84.08 to $75.69 ...

African airline traffic fell 0.3% year-on-year in June Conflict between Israel and Iran weighs on global travel Global passenger demand up 2.6% in June, less than capacity growth The armed conflict ...