Benin
West Africa’s BRVM market cap hits record $21.2bn driven by telecoms, banks
West Africa’s regional bourse hit a record market capitalisation, up 29% YTD, supported by strong performance among telecom and banking stocks, and rising participation from domestic institutional investors.
EBRD sees 4.7% growth in six sub-Saharan African economies in 2025, warns of sharp divergence
EBRD projects six sub-Saharan African economies to grow 4.7% in 2025, led by Benin and Côte d’Ivoire, while Nigeria and Ghana struggle with high inflation and Senegal enters a hydrocarbon boom.
UK-based energy think tank Ember reports record growth in solar panel imports across Africa
Imports of solar panels from China into Africa have surged dramatically over the past year, pointing to the start of a transformation in how the continent generates electricity.
Nigeria-Morocco Gas Pipeline project advances towards construction phase
The $25bn Nigeria-Morocco Gas Pipeline (NMGP) project is nearing the start of its construction phase. The 6,000-kilometre infrastructure initiative has gained momentum following high-level meetings in Rabat in July.
Hilton, Marriott announce large-scale Africa hotel expansion drives
Hilton executive describes Africa as "brimming with potential" as its hospitality sector undergoes a major revival.