Nigeria’s Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) has introduced performance contracts for directors and department heads as part of its move toward results-based management.

NAPSA and Airtel Zambia are exploring a partnership to make pension contributions and services accessible through mobile money and agent networks. About 63.4% of Zambia’s employed population worked in ...

More than 4 million registered merchants across the West African Economic and Monetary Union (WAEMU) recorded no mobile payment transactions in the final 90 days of 2025. Only 2.97 million of nearly 7 ...

Shell has agreed to buy fuel from planned plants in Morocco and Egypt, giving developers predictable future revenue that could help secure financing. The Moroccan project is expected to cost $239 ...

Safaricom reported a 35.9% increase in first-half net profit attributable to shareholders to 58.2 billion Kenyan shillings ($448 million), supported by growth in Kenya and narrowing losses in Ethiopia ...

Benin has approved a 100 billion CFA franc ($171 million) Industrial Development Fund to improve access to financing, support factory development and accelerate domestic raw material processing. Three ...

Caledonia Mining has signed a financing agreement worth up to $150 million with a consortium of Zimbabwean financial institutions to support construction of its Bilboes gold project. Production ...

Mozambique has approved a 39.8 billion meticais ($622 million) plan for the 2026–2027 season to strengthen disaster prevention and humanitarian response, targeting 2.2 million people. Funding ...

Sucrivoire, a subsidiary of SIFCA Group, has delayed its agricultural and industrial capacity expansion programme by one sugar production season as rising inventories tie up cash. Production outpaces ...

The International Monetary Fund (IMF) expects annual inflation in the Democratic Republic of Congo to approach 9% by December 2026, driven by rising fuel and food prices. Monetary policy: The Central ...

Kenya has awarded 4,470 contracts worth 18.3 billion Kenyan shillings ($140.8 million) through its electronic government procurement (e-GP) platform since its launch in April 2025. Growing ...

Benin has approved a dedicated unit to oversee priority social infrastructure projects, coordinate implementation and ensure timely completion. Two-year mandate: The unit will operate for an initial ...