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Jumia’s long march to profit

Africa’s best-known e-commerce company has spent a decade proving that selling online on the continent is hard. Its management says profitability is close. It has said that before. Jumia listed...
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Strive Masiyiwa’s bet: Africa’s own AI capacity

The Zimbabwean-born founder of Econet and Cassava Technologies has announced plans to build artificial intelligence computing capacity on African soil. The question is whether the continent can afford to run...
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Taxing mobile money: Ghana scrapped it, Cameroon kept it

Governments across Africa tried to tax digital transfers. Ghana’s levy became so unpopular it was abolished. Cameroon’s is still collected. Which approach raised money, and which drove people back to...
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Nigeria’s banks have recapitalised. What does that mean for the rest of Africa?

The Central Bank of Nigeria gave its banks two years to raise capital, with a deadline in March 2026. The consequences reach far beyond Lagos — including into Central Africa,...
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Buying land back home: the diaspora’s most expensive mistake

Every Central African family abroad knows a version of the story: money sent for a plot, a house half built, a title that turns out to belong to someone else....
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Diaspora bonds: Nigeria did it in 2017, so why not Cameroon?

Central Africa’s diaspora sends money home every month. No CEMAC state has ever asked it to lend. Nigeria raised $300m from its diaspora in 2017. The idea deserves a serious...
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Africa-France Impact Coalition: five months after Nairobi, time to check the numbers

On Sunday 4 October, Emmanuel Macron hosted the business leaders of the Africa-France Impact Coalition at the Élysée Palace, with Benin’s President Romuald Wadagni as guest of honour. Five months...
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Six Days to AFSIC 2026: Who Will Be in the Room, and What They Want

In six days, on 13 October, London once again becomes, for forty-eight hours, the place where part of Africa’s financing gets negotiated. The thirteenth edition of AFSIC – Investing in...
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Selling the forest: Gabon’s carbon credits

Gabon is more than 80 per cent forest and absorbs far more carbon than it emits. It has spent years trying to turn that into revenue. Buyers remain sceptical, and...
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China’s zero-tariff offer: what can Central Africa actually sell?

Beijing has promised duty-free access to its market for African countries that recognise it. The offer removes the tariff. It does not remove the standards, the logistics or the volumes...
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Aliko Dangote, the man who sells Africa to itself

Cement, sugar, fertiliser and now the continent’s biggest refinery. Africa’s wealthiest industrialist has built an empire on import substitution. Central Africa is one of the markets he has not yet...
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Ngozi Okonjo-Iweala after Yaoundé

She brought the World Trade Organization to Cameroon and left without a declaration. For the woman who runs global trade rules, the Yaoundé conference was both a personal achievement and...
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The border that does not open

CEMAC agreed free movement of people almost a decade ago and has a common external tariff older than most of its citizens. Its members still trade more with Europe and...
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Oil-backed loans: the region’s oldest habit

Borrow against tomorrow’s barrels to pay today’s bills. Chad did it, Congo did it, Gabon did it again in April. The mechanism is legal, expensive and almost impossible to see...
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