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AU Summit on Industrialization — Addis AbabaEthiopia commits $2B to the African Continental Free Trade Area (AfCFTA) industrial parks fund, targeting textile and pharmaceutical manufacturing zones.
Nigeria and South Africa sign a bilateral agreement on critical minerals processing, establishing a joint venture for lithium refining in the Northern Cape.
AU Commissioner Amani Abou-Zeid announces the launch of the Pan-African Payment & Settlement System (PAPSS) in 12 additional countries by Q4 2026.
Kenya's President Ruto proposes a continental green hydrogen alliance, inviting Namibia, Morocco, and Egypt to form a production and export bloc.
Summit opens with a keynote from AU Chairperson Moussa Faki Mahamat, calling for "industrial sovereignty" and reduced dependency on imported manufactured goods.
Delegates arrive at the African Union Headquarters for the 3-day Extraordinary Summit on Industrialization and Economic Diversification.
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Flutterwave Secures Banking License; Expands to 15 Nations
Nigerian fintech unicorn receives regulatory approval to operate across 15 African nations.
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South Africa Launches 5G Network in Major Cities
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Categories
Africa's FinTech Revenues Projected to Hit $65B by 2030
Africa is currently the fastest-growing FinTech market globally, with revenues projected to expand nearly 13-fold by 2030.
Amara Okafor
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Google Opens First African AI Research Center in Accra
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Hydroponic and aeroponic systems are transforming Egypt's desert into productive agricultural land.
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Namibia Green Hydrogen Project Secures $10B Funding
Namibia's ambitious green hydrogen project has secured $10 billion in funding from international investors.
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This Week in Africa
Full Recap →ECOWAS Lifts Sanctions on Niger, Mali & Burkina Faso
The West African bloc formally ended economic and travel restrictions on the three junta-led nations, paving the way for renewed regional dialogue and a potential return to democratic transition timelines.
What happened →Safaricom Ethiopia Hits 10 Million Subscribers
Just 18 months after launch, Safaricom's Ethiopian unit reached the 10 million subscriber milestone, making it the fastest-growing telecom operator in East African history.
What happened →Zambia-DRC Copperbelt Corridor Gets $5B Upgrade
The African Development Bank and a consortium of Chinese and European lenders committed $5 billion to rehabilitate the Lobito Corridor, linking the Copperbelt to Angola's Atlantic port.
What happened →