Governance
African governance and policy news: elections, regulatory decisions, government-business relationships, institutional reforms, and policy developments that move markets.
Ethiopia clears IMF review, unlocks $468m
The IMF reached a staff-level agreement on Ethiopia's fifth ECF review on June 3, paving the way for a $468…
Tinubu’s three-year reform scorecard is mixed
Three years into Tinubu's reforms, Nigeria's GDP averages 3.46% quarterly growth, external reserves stand at $49.26 billion and federal revenues…
Markets price Senegal for debt restructuring
JPMorgan's May 26 research note revealed that Senegal's 2033 Eurobonds are pricing in a restructuring scenario with a 15% haircut,…
Brazzaville gives AfDB’s NAFAD a mandate
The AfDB's 61st Annual Meetings closed in Brazzaville on May 29 with governors formally endorsing the New African Financial Architecture…
Newsletter
US-Iran truce sends oil crashing
A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…
MTN’s MoMo is going super app
MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…
AfDB backs Arua airport in Uganda
The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…
South Africa braces for June 30
South Africa's police service has activated joint operations in all nine provinces at a projected…