West Africa
West Africa business news covering ECOWAS economies: Nigeria, Ghana, Côte d’Ivoire, Senegal, and regional trade. Oil, gas, cocoa, and investment intelligence.
Ivory Coast launches strategic sovereign wealth fund
Ivory Coast approved its Strategic Sovereign Fund for Development on April 15, establishing a three-component state vehicle to channel mining…
Flutterwave gets Nigerian banking licence at 10
Flutterwave secured a Nigerian banking licence on April 2, allowing Africa's most valuable fintech to hold deposits, lend directly and…
MTN and Airtel pocket $2.3bn from Africa data boom
MTN Nigeria and Airtel Africa generated a combined N3.6 trillion ($2.3 billion) from data services in 2025, as Africa's mobile…
Zenith and GTCO earn $183m from digital fees
Nigeria's two largest banks by market cap, Zenith Bank and GTCO, collectively earned N283 billion ($183 million) from account maintenance…
Newsletter
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…