Morocco’s 2026 budget totals 761.3 billion dirhams focusing on health, education, infrastructure, and reducing inequalities across regions.

Nigeria’s Dangote Refinery clarified that recent crude reductions were strategic responses to high global oil prices, not operational issues.

The IMF forecasts Sudan could grow 3.2 percent in 2025 if fighting ends, with inflation falling from 87.2 percent to 54.6 percent this year.

Ghana rebuilt its foreign reserves with a state-run gold trading body while planning crypto regulation and central bank reforms.

South African Reserve Bank Governor Lesetja Kganyago warned that rising global debt threatens financial stability and requires urgent attention from the G20.

South Africa has secured commitments from Chinese and Indian carmakers to expand SKD operations into full CKD manufacturing to boost domestic auto production and industry sustainability.

Exxon Mobil is positioning South Africa as a priority market for LNG, aiming to support its energy transition with new infrastructure and long-term supply.

Ethiopia meets bondholders in Paris to address its defaulted $1 billion bond and explore options under the G20 Common Framework

The European Union pledged €545 million to support renewable energy projects across Africa, aiming to improve electricity access and accelerate the continent’s clean energy transition.

Nigeria’s oil workers’ union halted gas supplies to Dangote refinery following mass layoffs and alleged replacement of Nigerian staff with foreign workers.

Dollar near 3,600 SDG as Sudan’s pound slides; euro ~4,212. Street quotes far above the official rate

UAE halted Sudanese crude imports in August, squeezing Fujairah ULSFO supply and lifting spot premiums

UAE’s halt of Sudanese crude imports has driven marine fuel spot premiums higher at Fujairah amid regional supply disruptions.

After the Nyala swearing-in, TASIS pushes a regional bank plan to revive cash, payments and salaries across Darfur–Kordofan

Egypt grew 4.5 percent in 2024-25 as reforms and investment supported recovery despite inflation and canal revenue losses.

South Africa commissions a report on wealth inequality for the G20 summit to highlight poverty and support developing nations.

Qatari firm Al Mansour Holding has pledged $20 billion to Mozambique, focusing on energy and agriculture as part of its growing African investments.

Japan rejected Nigeria’s announcement of special visas for Africans under JICA Africa hometown program and asked for an official correction.

Africa’s millionaire population is projected to grow sharply with South Africa leading and wealthy Africans seeking global mobility options

Libya’s National Oil Corporation announced plans to host a forum with U.S companies to strengthen energy partnerships.

Zambia and Israel pursue closer relations to benefit both countries economically and socially

Burundi launches a historic railway project with Tanzania to improve trade links and regional economic growth.

Mastercard promotes responsible AI adoption across Africa, aiming to boost inclusion, digital growth, and regional leadership by 2030.

The head of Guinea’s junta has revoked GAC’s bauxite concession and placed it under state control amid growing pressure on foreign mining firms.