NEWS
Breaking national and international news. This section keeps you updated on major events shaping the world, in real time.
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Cameroon: a awareness campaign at airports against the trafficking of protected species
A public awareness campaign against the trafficking of protected species is being conducted at the international airports of Douala and Yaoundé, initiated by the NGO WildAid. Messages displayed on digital screens engage travelers, while customs and agents from the Ministry… -
Education in Benin: the National Education Council (CNE) launches the 3rd session of its Consultative Assembly in Cotonou
The third session of the Consultative Assembly of the National Education Council (CNE) opened this Wednesday, August 5, 2026, in Cotonou. Scheduled to take place over three days, from August 5 to 7, the proceedings bring together 69 members of… -
Benin: the Beninese government clarifies the reasons for the extension of the Vodun Days 2027 in Ouidah.
The Vodun Days 2027 will take place from January 2 to 9 in the historic city of Ouidah, marking the transition of the event from three to seven days of celebration. In response to questions raised by this extension, the… -
Benin: no cabinet meeting this Wednesday, August 5
The government members did not meet this first Wednesday of August for the ordinary council of ministers. The absence of this institutional meeting, which has become monthly under President Romuald Wadagni, is due to the government’s departure on leave. This… -
Morocco will host Africa’s first waste-to-energy power plant.
The city of Casablanca has entrusted a consortium that includes Nareva, Kanadevia Inova, and I-Environment Investments with the task of constructing a large waste treatment and recovery center in Médiouna. The facility is expected to process around 4,000 tons of… -
The Dangote refinery plans its stock market launch in October without dual listing in Africa.
Dangote Petroleum Refinery & Petrochemicals is preparing for an introduction on the Nigerian Exchange with the goal of raising about $5 billion. The operation could be completed in October 2026, following the publication of a prospectus expected in September, pending… -
Sudan: the army is hunting down the FSR paramilitaries involved in gold trafficking at the Egyptian border.
A joint security operation has been underway for several days by Sudan and Egypt on either side of their border to combat gold smuggling networks. This initiative follows the decision of the Sudanese Security and Defense Council to take enhanced… -
Nigeria: the country is refinancing its oil debt under more favorable terms.
The National Economic Council of Nigeria approved, on Tuesday, August 4, 2026, the refinancing of Project Gazelle, an important financing mechanism backed by future crude oil sales. The operation is intended to reorganize the repayment conditions of this debt, without… -
Mining and Energy: Côte d’Ivoire Strengthens Cooperation with Botswana
Côte d’Ivoire and Botswana have signed a cooperation agreement in the mining and energy sectors. The partnership is intended to promote the sharing of experiences in governance of natural resources, skills development, and local processing of minerals. Côte d’Ivoire wants… -
Togo: the BIDC grants 80 million euros to Coris Holding to finance SMEs
The ECOWAS Investment and Development Bank and Coris Holding have signed a financing agreement of 80 million euros, which is approximately 52.5 billion CFA francs. This line of credit is intended to strengthen the funding capacity of the banking group,… -
Ghana: John Dramani Mahama explores the payment in cedis for crude delivered to local refineries.
Ghana’s President John Dramani Mahama has asked the Ministry of Energy to consider amending the rules that require local refineries to pay for crude oil produced in the country in dollars. The aim is to reduce their exposure to exchange… -
Akpakpa and PK14 cemeteries: grave concession holders are invited to update their files.
The Cotonou city hall has invited individuals who have already obtained a grave reservation in the municipal cemeteries of Akpakpa and PK14 to verify and update their files. Those concerned have a period of 60 days to complete the necessary… -
Afreximbank estimates the untapped potential of intra-African trade at 77 billion dollars.
Africa could generate an additional $77 billion in exports by further developing trade among its economies. According to Afreximbank, most of this potential is concentrated in manufactured and semi-processed goods, while the implementation of the African Continental Free Trade Area… -
Oil: OPEC+ approves a final production increase before a pause in complex negotiations.
Seven OPEC+ members have decided to increase their production targets by 188,000 barrels per day starting September 2026. This new hike aims to complete the gradual phasing out of a voluntary reduction of 1.65 million barrels per day that was… -
Nigeria: First HoldCo is preparing to sell nearly a quarter of its capital.
First HoldCo, the parent company of First Bank of Nigeria, plans to bring back to market a block of 10.43 billion shares representing nearly 25% of its capital. Temporarily held by RC Investment Management, this stake is valued between 1.3… -
Bank of America trusts Simbah Mutasa with the leadership of its investment bank in Africa.
Bank of America has expanded Simbah Mutasa’s responsibilities by appointing him head of its investment banking activities across the African continent. The banker, who previously oversaw the South African market, will now coordinate the advisory and financing operations of the… -
UMOA: the rate of deterioration of the microfinance portfolio decreases to 7.5% by the end of 2025.
Microfinance institutions in the West African Economic and Monetary Union recorded an improvement in the quality of their credit portfolio at the end of 2025. The gross deterioration rate stood at 7.5%, down from 8.9% a year earlier, but remains… -
Nigeria: an operator revives OML 18 ten years after the departure of the majors
Nigeria has started exporting a new quality of crude oil from OML 18 thanks to the FSO Cawthorne, a floating storage unit with a capacity of 2.2 million barrels. Supported notably by NNPC and Sahara Group, this infrastructure illustrates the… -
Flutterwave is preparing to acquire a bank in East Africa.
Flutterwave plans to acquire a banking institution in East Africa as part of its expansion into financial services. The co-founder and CEO of the Nigerian fintech, Olugbenga Agboola, has not revealed which country is involved, nor the identity of the… -
Somalia: the Shebabs are making advances in the central part of the country
The Islamist insurgents shebabs announced on Sunday, August 2, the capture of Teedaan, a strategic locality in central Somalia, after 24 hours of fighting against government forces. Residents from nearby areas confirmed to Agence France-Presse that intense clashes had taken… -
Ivory Coast: AGL’s profit drops by 96.3% in 2025 despite revenue increase
Africa Global Logistics Côte d’Ivoire closed the 2025 fiscal year with a net profit of 784.9 million FCFA, compared to 21.1 billion FCFA in 2024. This decrease of 96.3% occurs despite a 7.4% increase in revenue. Africa Global Logistics Côte… -
Diplomacy: Canada officially opens its embassy in Benin.
The bilateral partnership between Ottawa and Cotonou has reached a historic milestone. Canada has officially opened its very first full-fledged embassy in Benin. The Canadian diplomatic representation has established its premises in the building housing the MTN Benin General Directorate,… -
Sub-regional security: Benin and Nigeria seal a strengthened partnership against terrorism.
The Minister Delegate to the President of the Republic responsible for National Defense, Gildas Agonkan, received on Tuesday in Cotonou General Christopher Gwabin Musa, Minister of Defense of the Federal Republic of Nigeria. This official visit is part of the… -
Benin: the Senate meets this Thursday to elect the office of its very first term.
The entry of Benin into the era of bicameralism marks a pivotal moment. Tomorrow, Thursday, August 6, 2026, the 25 members of the Senate will meet for a decisive session. The personalities that make up the second chamber will gather… -
Football: CANAL+ Africa secures the exclusive rights to the European Cups starting in 2027.
Starting from the 2027-2028 season, CANAL+ will exclusively broadcast the main men’s club competitions of UEFA in more than 40 countries in Sub-Saharan Africa. The agreement covers the Champions League, Europa League, and Conference League until 2031. CANAL+ is enhancing… -
Cybercrime: Africa lost at least 5 billion dollars in 2025, according to INTERPOL
Cybercrime caused at least $5 billion in direct economic damages in Africa in 2025, according to INTERPOL’s 2026 report on cyber threats on the continent. The organization particularly warns about the increasing use of artificial intelligence, now involved in 55%… -
Cameroon: Paul Biya adjusts his communication in light of his long absence from the country.
The issuance of presidential decrees aims to demonstrate that Paul Biya is still in office, while his prolonged absence from Cameroon raises questions about a potential vacancy in power. Since June 7, 2026, the head of state has been outside… -
Senegal: The African Development Bank approves a $35 million funding to reform public finances.
The African Development Bank has approved funding of 20 billion CFA francs, which is about 35.15 million USD, aimed at strengthening public finance management in Senegal. The announcement was made on Monday, August 3, by the institution in a statement.… -
Cameroon: a phone at the center of questions regarding the investigation in the Martinez Zogo trial
The trial for the murder of Martinez Zogo continued on Monday in Yaoundé with the testimony of Colonel Jean-Pierre Otolou, who conducted the initial investigations. The former radio host had been found dead near Soa, on the outskirts of the… -
Gabon: success of the international fundraising, failure in the regional market
Gabon has raised a total of 920 million dollars in international markets, far exceeding its initial target of 750 million dollars. This operation comes as the country faces budget tensions and still high borrowing costs. The Gabonese authorities present this…
