1. Starting January 1, 2026, Nigeria will limit ATM withdrawals to $69 per person per day, $345 per week, and $3,450 per business account to encourage the adoption of digital payments.
2. Microsoft currently has over 117 million users in Africa.
3. 90% of trade on the African continent relies on maritime transport, with port traffic growing at approximately 7% annually. The SCOPE Africa project, implemented by the French National Engineering Agency, is a key component of the EU's Global Gateway initiative and will foster effective regional security cooperation in West and Central African ports.
4. China's Belt and Road Initiative has achieved tremendous success in Africa, the EU's Global Gateway strategy is rapidly catching up, and US investment in Africa is beginning to surpass China's. Africa's mineral and demographic dividends will inevitably make it a fiercely contested region for global investment over the next 50 years.
5. Africa has a total of 231 commercial ports, with Chinese companies involved in 30% of them (78 ports), forming a crucial component of China's overseas strategic foothold.
6. The World Food Programme will establish a food logistics center in Uganda, assembling a fleet of over 1,000 trucks to transport 200,000 tons of food and other relief supplies annually.
7. Africa's air freight demand is projected to grow by 16.6% globally by 2025, with particularly rapid growth in demand for medical cold chain logistics. Nairobi Airport in Kenya has become Africa's busiest cargo airport, followed by Cairo and Johannesburg.
8. The African Development Bank will provide Namibia with $1.78 billion over the next five years to support the country's economic transformation and inclusive growth. It has already provided $658 million for the expansion of the Wolf Bay port, railway upgrades, and the construction of 27 educational institutions.
9. Australia's Perhuis Minerals acquired Guinea's Bankan gold mine at a 25% premium, aiming to create West Africa's largest gold mining platform.
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