West Africa
West Africa business news covering ECOWAS economies: Nigeria, Ghana, Côte d’Ivoire, Senegal, and regional trade. Oil, gas, cocoa, and investment intelligence.
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,…
Dangote exposes the oil mafia
Aliko Dangote publicly described a coordinated "oil mafia" that he says tried to prevent his $20 billion Lekki refinery from…
NNPC challenges Dangote’s prices in court
NNPC filed a court counter-affidavit on May 27 arguing that Dangote Petroleum Refinery's petrol is sold at significantly high and…
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…