Africa ETP News
you are currently viewing::AfDB and IGAD launch a new initiative to stimulate a blue economy breakthrough in the Horn of AfricaDecember 1, 2025-The Intergovernmental Authority on Development (IGAD), in partnership with the African Development Bank Group (AfDB), recently launched a new multinational project to accelerate coordinated blue economy actions across the Horn of Africa. Entitled the Building Blue Economy Resilience and Prosperity in IGAD & the Horn of Africa (BE-Prosper) project, it was given the green light at a three-day event at the IGAD headquarters in Djibouti, from 17-19 November, which brought together senior government officials, development partners, experts, and regional institutions. Speaking on behalf of Workneh Gebeyehu, IGAD Executive Secretary, Mohy Tohami, IGAD Director of Economic Cooperation and Regional Integration, reaffirmed IGAD's commitment to unlocking the region’s blue economy potential. Source: AfDB (African Development Bank) |
West Africa growth projected at 4.6% in 2026, remains resilient-AfDB Regional Economic Outlook Report
August 10, 2026---Câte d'Ivoire remains largest economy in the West African Economic and Monetary Union (WAEMU), expected to grow by 6.5% in 2025
West Africa demonstrated economic resilience in 2025, recording growth of 4.8%, above the continental average of 4.4%, amid geopolitical tensions, insecurity in parts of the region, increasing fragmentation of the global economy and heightened volatility in international financial markets.
Africa: 'Nigeria's Fintech Ecosystem Has Become One of Africa's Largest'
August 10, 2026---Chairman of the House Committee on Insurance and Actuarial Matters, Ahamadu Usman Jaha, has said Nigeria's fintech ecosystem has become one of the largest in Africa, noting that the country's growing payment ecosystem continues to attract significant investment.
Africa: Zimbabwe Overtakes Nigeria As Africa's Best-Performing Stock Market
August 6, 2026--Zimbabwe ended last month as Africa's best-performing equity market, overtaking Nigeria, the continent's most populous nation, after months of sustained gains driven by easing inflation, a more stable domestic currency, and renewed investor appetite for local equities.
Nairobi Securities Exchange Plans East Africa's First AI ETF- But Its CEO Is Watching for a Bubble
August 5, 2026--The Nairobi Securities Exchange is building East Africa's first exchange traded fund focused on AI stocks, with plans to offer it to investors before year-end- though its chief executive says the launch could be delayed if the global AI rally starts to look overdone.
