Category: Key developments

More than $3 billion in new financing commitments have been secured to support climate action and sustainable development projects across the Congo Basin, one of the world’s most important ecological regions.

Bloomberg has highlighted 25 African Startups to Watch highlights in 2026.

Africa’s economic landscape is shifting, with new IMF projections for May 2026 showing how exchange rate movements, reforms, commodity prices, infrastructure investment, and industrial growth are reshaping the continent’s biggest economies.

The World Bank Group has announced plans to expand its guarantee operations in Africa, targeting $6.4 billion in annual guarantees by 2030 as part of a broader effort to attract private investment, create jobs, and accelerate economic growth across the continent.

A new philanthropic investment initiative dubbed Africa Job Fund has been launched with a target of raising $100 million to support businesses creating large-scale, quality jobs across sub-Saharan Africa.

The African Development Bank Group has approved a $61 million funding package to help expand access to finance for women-led businesses in Nigeria, with a strong focus on agriculture and other sectors critical to economic growth.

British International Investment (BII) and Ecobank DRC have unveiled a $30 million risk-sharing programme to improve access to finance for small and medium-sized businesses in the Democratic Republic of Congo (DRC).

French President Emmanuel Macron has announced a €23 billion investment commitment for Africa during the Africa Forward Franco-African Business Forum in Nairobi, as France seeks to deepen economic ties with the continent through a renewed partnership model centered on investment and trade.

Israel has launched a mobile climate research laboratory in Kenya to strengthen climate monitoring and improve access to scientific data across Africa, where experts say a shortage of reliable ground-based measurements continues to weaken climate planning and policy decisions.