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Ecobank

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Situations

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African banks adopting Chinese yuan settlement systems

7 clusters · 23 sources · last updated

Latest: Attijariwafa Bank joins China's CIPS payment system

African financial institutions are increasingly adopting China’s Cross-Border Interbank Payment System (CIPS) to facilitate direct Renminbi (yuan) settlements. This shift aims to reduce transaction costs, bypass multiple

[QUIET] [POLITICS] [SN]

Senegal parliamentary inquiry into computer program

4 clusters · 16 sources · last updated

Latest: Daouda Ngom testifies on procurement irregularities in student computer program

A parliamentary inquiry in Senegal is investigating the ‘Un étudiant, un ordinateur’ (One Student, One Computer) program following allegations of mismanagement and missing equipment. Hearings have focused on administrati

[QUIET] [BUSINESS] [CI] [GH] [CM]

Cocoa production and industry reforms in West Africa

23 clusters · 80 sources · last updated

Latest: Climate change threatens cocoa yields in Ghana and Ivory Coast

Cocoa producers in West Africa face mounting economic, environmental, and structural challenges. In Côte d’Ivoire, tensions have escalated into an indefinite strike declared by the National Agricultural Union for Progres

[QUIET] [BUSINESS] [NG] [NP]

Monetary policy and lending rate shifts in Nigeria

8 clusters · 46 sources · last updated

Latest: Central Bank of Nigeria faces scrutiny over monetary policy and lending rates

In Nigeria, banking lending rates have begun to decline following a reduction in the Monetary Policy Rate (MPR). In August 2026, the average maximum lending rate dropped to 29.19 percent from 33.16 percent in July, follo

[QUIET] [BUSINESS] [TG] [CD] [GN]

Ecobank educational and economic initiatives in Africa

2 clusters · 5 sources · last updated

Latest: Ecobank forms strategic partnerships in Togo and Guinea

Ecobank has implemented various initiatives across West Africa focused on education and economic development. In Togo, the bank’s efforts transitioned from direct digital education support—including the donation of lapt

[QUIET] [BUSINESS] [NG] [CN] [KE]

Nigeria oil output up, refinery expansion and import shifts

38 clusters · 151 sources · last updated

Latest: Nigeria lacks sufficient crude to supply Dangote Refinery

Oil output continued to rise through 2026, with OPEC data showing 1.38 mbpd in March and reaching approximately 1.70 mbpd by May-June, exceeding the 1.5 mbpd OPEC quota. Production gains were supported by improved pipeli

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