ECONOMY

Since December 2025, the Chinese company Fuhai Energy has been associated with the Barracuda gas project, located off the coast of Equatorial Guinea. The company aims to participate in the exploitation of promising reserves, but its involvement in the project…

The World Bank has announced an initial funding package of $425 million to finance the modernization of the road corridor linking Douala, Cameroon, to Bangui, Central African Republic. Work on the Cameroonian section of this strategic axis, which spans approximately…

In the Democratic Republic of Congo, artisanal mining sustains many people, but remains low in productivity and difficult to regulate. The lack of financial resources particularly hampers its evolution towards a small mechanized mine, which is considered to be more…

The International Monetary Fund has announced a new disbursement of about $1.7 billion in favor of Egypt. This brings the total amount allocated to the country under agreements with the institution to $7.3 billion. The payment comes after the completion…

In Africa, projects funded by the World Bank regularly face execution delays and are subject to insufficient monitoring of their results. In this context, the mere disbursement rate no longer fully appreciates the impact of interventions on beneficiary populations. The…

The prolonged absence of Cameroonian President Paul Biya raises new questions as the head of state has been out of the country for nearly two months. The government assured on Sunday that he is alive and that there is no…

Financed 90% by China, the railway connecting Mombasa to Nairobi remains at the center of debates in Kenya regarding the sustainability of public debt, several years after its inauguration. The railway line, touted as the most modern in the country,…

The Democratic Republic of the Congo has extended the temporary restrictions on the import of grey cement and clinker in the western and south-eastern regions of the country. The measures also concern the import of lime in the south-eastern part.…

A drone struck the port of Damietta on the Mediterranean coast of Egypt on Wednesday, July 29, causing a fire aboard two gas vessels, the Egyptian government announced on Thursday. A preliminary investigation established that the incident was caused by…

The President of the Republic, Romuald Wadagni, held a meeting on Tuesday, July 28, 2026, at the Marina Palace with the Nigerian businessman Aliko Dangote. This meeting mainly aims to strengthen economic and trade relations between Benin and Nigeria, while…

The International Budget Partnership officially launched its regional office for French-speaking Africa on Wednesday, July 22, 2026. Based in Dakar, the new structure will operate in eleven countries to enhance budget transparency, citizen participation, and accountability in public resource management.…

As part of strengthening economic relations between Benin and Nigeria, an important high-level Nigerian delegation is undertaking an official visit to Benin. Led by the Vice President of Nigeria, this mission includes the governors of Kwara, Imo, Jigawa, Plateau, Katsina,…

A new major financial envelope will support agricultural development in Benin. The European Investment Bank (EIB) and the International Bank for Industry and Commerce (IBIC) have formalized an agreement providing for the injection of 100 million euros (around 114 million…

Ghana is preparing a memorandum of understanding with Benin to supply cotton to the Volta Star Textiles factory in Juapong, which Ghanaian authorities want to reactivate. The project is still in the preparatory stage, and no volume or delivery schedule…

Logistics and customs clearance stakeholders in Benin need to quickly review their practices. Starting from Saturday, August 1, 2026, new strict documentary requirements will govern the removal of used goods at the Port of Cotonou. This measure, formalized by a…

The Dangote refinery has started pricing its products for the Nigerian market in dollars. The reason: the insufficient crude obtained under the “naira for crude” mechanism, which forces the group to import part of its supplies. This is a development…

Côte d’Ivoire and Ghana, already engaged in coordinating their cocoa policies, are looking to involve Nigeria and Cameroon in a common approach. The goal: to better defend the income of African producers against the fluctuations of the global market. African…

Togo is on the path to creating a Deposit and Consignment Fund. Meeting on Wednesday, July 8, 2026, in Lomé, the Council of Ministers adopted a bill concerning the creation, missions, organization, and functioning of this future public institution. The…

The Senegalese government has decided to suspend, for a month, the issuance of Food Import Declarations for rice. This measure aims to facilitate the sale of local rice stocks, estimated at 37,000 tons, and to support a sector facing significant…

A strategic working session recently brought together the teams from MCA-Benin Regional and the Communication Directorate of the Presidency of the Republic according to information from LaMarina.bj. The stakes of the meeting are high: to lay the groundwork for a…

The Congolese government adopted a revised finance bill for the fiscal year 2026. Meeting in the Council of Ministers on Tuesday, June 30 in Oyo, under the presidency of Denis Sassou-N’Guesso, the executive approved a budgetary collective that raises the…

In Togo, rail transport is returning to the heart of the national logistics strategy. Long marginalized in favor of road transport, the railway must once again become a lever of competitiveness for the country, particularly around the Autonomous Port of…

Long awaited and announced for a long time, the Dry Port of Parakou has now entered its operational phase. On Tuesday, June 23, 2026, the first container loading operations were launched on this strategic logistics platform, designed to relieve the…

The Council of Ministers on Wednesday, July 1, 2026, approved a significant reduction in fees applicable to merchant spaces across the country. This financial relief measure will officially take effect at the end of July 2026. It applies to urban…

The President of the Republic, Romuald Wadagni, explained the motivations behind the government’s decision to reduce the monthly fees applied in the country’s modern markets. In a post shared on his official Facebook page, the head of state indicated that…

INStaD has finalized the rebasing of the national accounts of Benin with 2023 as the new reference year, replacing the 2015 base. This statistical operation re-evaluates the 2023 GDP at 14,020.2 billion CFA Francs, representing an increase of 25.2%, reflecting…

It went almost unnoticed amid the flow of social announcements that dominated discussions in the National Assembly on Friday. However, among the fiscal measures of the revised finance law for 2026 adopted unanimously, one of them could radically change the…

Ekoué Djro Glokpor has officially taken the lead of the National Directorate of the BCEAO for Togo during the second ordinary session of the National Credit Council held on June 18, 2026, in Lomé. This installation took place in a…

The synergies between the customs administration and port stakeholders are intensifying. The new Director General of Customs of Benin, Mr. Rouf Malehossou, paid a courtesy visit to the Autonomous Port of Cotonou (PAC) this Tuesday, June 16, 2026. This initiative…

Air France will permanently close its local representation in Bamako on June 30, 2026, nearly three years after suspending its flights to Mali. This decision marks a new step in the retreat of French presence in the country against a…