Nigeria

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.

1. The riots in Dar es Salaam, the capital of Tanzania, following the elections have resulted in 2,000 deaths.

2. Zimbabwe will impose a 15% withholding tax on digital services starting January 1, 2026. This tax will primarily target services provided by foreign companies without a physical presence, such as Netflix, Spotify, and Amazon Prime.

3. The top 10 African countries by political risk, from lowest to highest: Mauritius, Cape Verde, Liberia, Lesotho, Botswana, Namibia, Seychelles, Senegal, South Africa, and Ghana.

1. Cameroon will impose a 12.5% ​​ad valorem excise tax on imported empty gas cylinders starting in 2026 to encourage the absorption of local production capacity. Currently, local annual production capacity is approximately 600,000 cylinders, while domestic demand is estimated at 450,000 to 500,000.

1. The U.S. Embassy in Tanzania issued a new security warning: unrest may occur in Dar es Salaam in the coming weeks. In the event of unrest, avoid demonstrations. Stockpile water, food, medicine, fuel, and cash before December 5th, and confirm your updated personal security plan, including confirming your personal flights in advance.

2. Nigeria today lifted the 15% tariff on imported oil.

1. Nigerian President Bolsonaro declared a nationwide security emergency and announced the recruitment of 20,000 additional police officers, bringing the total police force to 50,000.

2. Namibia's public utility company, NamPower, launched a tender for a 120 MW solar photovoltaic project, with a deadline of January 13, 2026. Namibia's current installed solar capacity is 377.8 MW.

1. The 7th African Union-EU Summit was held in Angola. Many EU leaders landed at the Chinese-aided Angolan airport, vying for African relations after China. The EU is currently Africa's largest trading partner, with one-third of Africa's exports going to Europe.

1. The Third African Forum on Cybercrime and Electronic Evidence was held in Nairobi, Kenya, from November 25th to 27th. The forum was jointly organized by the European Union and the European Commission's Office for Cybercrime, and hosted by the Kenyan government.

2. The French Development Agency agreed to provide a €300 million loan to South Africa's state-owned logistics group Transnet, the latest sign of strengthened ties between South Africa and Europe following tensions with the United States.

1. Today, key leaders of the European Commission attended the 7th African Union-EU Summit in Luanda, Angola. The EU plans to exceed its €150 billion investment target for 138 flagship "Global Gateway" projects in Africa by 2027.

1. Of the 315 students kidnapped in Nigeria, 50 have escaped and reunited with their families.

2. The Ethiopian Investment Holding Company will launch a groundbreaking $85 million digital and fiscal stamp duty project aimed at improving circulation oversight and increasing fiscal revenue by introducing uniquely identified excise tax stamps on locally manufactured and imported goods.

1. The US restarts its $500 million cobalt tender, causing cobalt prices to surge.

2. The Chinese government warns its citizens that they could become "miner slaves" during the gold rush in the Central African Republic.

3. Despite US opposition, the G20 summit in South Africa adopts a declaration aimed at mitigating the unique impact of climate-related disasters and sovereign debt levels on impoverished countries.

4. Hundreds of children have been kidnapped at Catholic schools in Nigeria, bringing the total number of kidnapped students in the region to over 1,500.