The operation, which aimed for about CFA 400 billion, exceeded expectations. Côte d'Ivoire has successfully completed a CFA 450 billion ($746.7 million) bond exchange on the West African Economic and ...

The merger is expected to be finalized in 2025, pending approval from the relevant authorities. Attijariwafa Bank is merging with its real estate subsidiary, Borj Attijari, in a move to streamline its ...

Yemen’s Houthi rebels said they would start attacking Israeli ships in the Red Sea again. They vowed to continue until Gaza’s border crossings reopen and humanitarian aid is allowed in. This could ...

The IMF notes that the measures introduced under the RSF program will help Morocco better manage its limited water resources, further open up the electricity sector, and address the climate risks ...

The Malagasy government has announced plans to connect more than 1,600 villages to telecommunications services in partnership with Chinese tech giant Huawei. This initiative is aimed at speeding up ...

After exporting 16,000 tonnes in 2021, the Democratic Republic of Congo (DRC) saw its zinc exports slump in the following two years. However, the tides turned last year. Drastically so. Zinc exports ...

Australian mining company Genmin has been developing the Baniaka iron ore deposit in Gabon, which has the potential to produce 10 million tonnes of iron ore annually. The company initially planned to ...

After building his mega refinery, Dangote is now looking to develop a seaport in Ogun State. The port could help streamline the supply chain for some of his cement plants and the nearby refinery.

Food inflation in Nigeria dropped significantly to 23.51% in February 2025, down from 37.92% in the same month of 2024. This was revealed in the latest Consumer Price Index (CPI) report by the ...

Minerals contribute 70% of Rwanda's exports and 3% of its GDP. However, critics accuse Rwanda of benefiting from rebel-led plundering of mineral resources in the eastern Democratic Republic of Congo ...

Old Mutual achieved its strongest profit since 2019, but continues to struggle outside of South Africa. However, its alternative investment division, which has a strong presence in Côte d'Ivoire, ...

In early March 2025, an IMF team from Washington visited Kinshasa. No official statement was released at the end of the trip, so Bankable reached out to the IMF’s resident representative in the ...