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 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. 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.