Ten African fintech companies have been named among the world’s top 300 Fintechs in 2025 by CNBC and Statista highlighting the continent’s growing influence in global financial innovation, despite a decline in global investment. Ten African fintech companies are recognized among the world’s top 300 fintechs in 2025 Highlighted categories include digital payments, assets, banking,…
Despite the devastating impact of ongoing conflict, Sudan’s gold production has surged to a record high of 64 tonnes, a remarkable 53% increase from 41.8 tonnes in 2022. Sudan’s gold production reached a record high of 64 tonnes in 2023, a significant 53% increase compared to 2022. The growth generated $1.57 billion in legal export…
In a decisive move to combat terror financing and weaken the financial power of militant groups, Somalia’s National Committee for Combating Money Laundering and Countering the Financing of Terrorism (AML/CFT) has reported significant progress in disrupting illicit financial flows fueling extremist networks across the country. Somalia has taken significant measures to combat the financial backing…
The $20 billion Dangote Petroleum Refinery in Lagos, Africa’s largest single-train oil refinery, is undergoing a strategic upgrade to expand its production capacity from 650,000 barrels per day (bpd) to 700,000 bpd by the end of 2025. The Dangote Petroleum Refinery in Lagos is expanding production capacity from 650,000 to 700,000 barrels per day by…
