Afreximbank to Fund Levene Energy's Acquisition of a Minority Stake in Nigeria's Axxela Limited
The US$64mn facility will support Levene Energy's acquisition of a 30% equity stake in Axxela Limited, one of West Africa’s leading gas and power infrastructure companies.
African Football’s Future Hangs on the Choices of Its Fans
Every subscription, every pay-per-view ticket, every broadcast is more than a transaction, it is a vital link for African football.
Zambia Eyes New IMF Program After Current Deal Expires
Zambia plans to negotiate a new financing programme with the International Monetary Fund after its current IMF arrangement expires this month, opting not to extend the existing deal. The move comes as the country prepares for elections later this year, with the timing and scope of a successor programme expected to reflect both ongoing reform commitments and rising political pressures.
Climate Activists Take Aim at TotalEnergies' Role In AFCON
As African countries tackle it out in the Africa Cup of Nations (AFCON 2025) held in Morocco, environmental activists are heightening their vitriol against TotalEnergies’,Carrefour to Enter Ethiopia in Partnership with Country's Richest Man
Carrefour has signed a franchise agreement with MIDROC Investment Group to enter the Ethiopian market. The deal involves rebranding 13 Queens Supermarket locations, with the first stores opening in the first half of 2026. The partners aim to expand the network to 30 stores by 2028. This entry follows Ethiopia’s recent liberalization of its retail sector, allowing international brands to operate via local partnerships. MIDROC CEO Jemal Ahmed stated the move will bring global standards and affordable, high-quality products to Ethiopian consumers.Malawi Stock Exchange Leads African Markets With 248% Gain in 2025
The Malawi Stock Exchange delivered Africa’s strongest equity performance in 2025, rising 247.63%, far ahead of all regional peers. The rally was driven by sharp repricing in a small group of heavyweight stocks, led by National Investment Trust, FMB Capital Holdings, NBS Bank, NICO Holdings, FDH Bank, and Press Corporation, many of which posted triple-digit gains. Thin liquidity, low free float, and rising investor demand amplified price moves, while high inflation and kwacha weakness pushed equities as a store of value. The surge reflected concentration and valuation reset rather than broad economic expansion.
Data Centers Could Be the Spark Africa’s Power Sector Needs
Building and provisioning local data centers is a powerful step toward solving some of the pressing problems in any nation: improving infrastructure, growing the economy, and strengthening national security.
Uganda Restricts Starlink Ahead of Elections
A memo by the Uganda Revenue Authority (URA) dated December 19th directed customs officials to halt the entry of satellite internet equipment.A Stronger Africa Needs Stronger Investment Policies
Stable fiscal regimes, predictable contract terms, and anti-corruption measures help de-risk projects and give investors the confidence to commit long-term capitalAfreximbank Breaks Ground on New US$250mn Headquarters, Trade Center, in Egypt's New Capital
The African Export-Import Bank (Afreximbank) held a groundbreaking ceremony for the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital
AfDB's Partners to Replenish Fund with Record-Breaking US$ 11bn
The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group, has secured US $11 billion from 43 PartnersEquatorial Guinea Joins the Africa Finance Corporation
Equatorial Guinea has become the 47th member of the Africa Finance Corporation, the continental body said in a statement on Thursday.
