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…

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…