By the AFREEQUE newsroom, based on Punch
Afreximbank has committed $75 million to the Development Bank of Nigeria to expand credit access for Nigerian SMEs, targeting the creative and export sectors. The agreement, signed in Lagos, aims to support the growth of the country’s small and medium-sized businesses, according to Punch.
Banque Internationale d’Investissement and the International Finance Corporation have signed a $10 million guarantee to facilitate import and export operations by Mauritanian companies. The agreement, concluded under the Global Trade Finance Program, is intended to secure their transactions with international banks, according to the 11 November 2026 press release.
🇲🇷 Mauritania · Source: Le Calame ·
The European Union is committing €112 million to support security, counterterrorism and migration management in Nigeria. The funds include €66 million for migration, €26 million for security and €20 million for counterterrorism operations, according to the European Union.
🇳🇬 Nigeria · Source: Tribune Online ·
Ghana’s Takoradi port is undertaking $235 million in works including a shipyard and a new quay. The project also plans to extend the railway network to the border with Burkina Faso, according to Bénin Web TV.
🇬🇭 Ghana · Source: Bénin Web TV ·
The Climate Investment Funds announce a $15 million guarantee for Liberia’s solar and battery-storage programme. It is expected to help mobilise about $200 million to expand access to electricity, according to Front Page Africa, which cites announcements made at COP31.
🇱🇷 Liberia · Source: Front Page Africa ·
98 electricity containers held up for 20 years in NigeriaNigeria’s customs authorities have begun removing 98 containers of electrical equipment, some of which had been held in ports for 14 to 20 years. The operation comes as gas availability and low water inflows are hampering electricity generation, reports Business Day Nigeria.
Diomaye Faye presents Senegal energy and health projects to Rothschild and VinciOn the sidelines of the Paris Peace Forum, Senegalese President Bassirou Diomaye Faye met Rothschild & Co and Vinci executives on Wednesday to examine projects in energy, health and airport infrastructure. He presented reforms aimed at securing investment under Vision Senegal 2050, according to a presidential statement.The week in Africa
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