China has shifted from being a major financier of developing countries to a net receiver of funds as debt repayments rise, while multilateral lenders expand their role and Africa feels the sharpest impact.

Nigerian President Bola Ahmed Tinubu will visit Turkey to advance cooperation in security, trade, innovation, aviation, and defence while seeking stronger diplomatic and economic ties.

Libya has signed a multibillion-dollar oil agreement with major foreign firms as it seeks to boost production, attract investment, and revive its energy sector despite ongoing political divisions.

Afreximbank terminated its relationship with Fitch after the agency downgraded its credit rating, amid a dispute over its preferred creditor status.

S&P revised Congo’s outlook to positive, citing strong mining output, fiscal reforms, rising exports, and IMF-backed progress despite regional risks.

Benin raised $500 million through a sukuk issuance and reopened a 2038 eurobond after attracting more than $7 billion in global investor demand.

Turkey’s antitrust authority raided Temu’s office in Istanbul in an on-site inspection

Malawi raised petrol and diesel prices sharply to prevent shortages and protect scarce foreign reserves amid economic recovery efforts.

Congo has provided Washington with a vetted list of state-owned mineral assets for U.S. investors as part of a strategic partnership.

Ivory Coast will buy 100,000 tons of surplus cocoa to protect farmers’ income and social stability amid cross-border supply pressures.

Gourmet plans to sell 47.6 percent of its shares in a February IPO to fund store and delivery expansion in Egypt.

The IMF has completed its latest review of Ethiopia’s financial programme, paving the way for a new $261 million disbursement as reforms and debt talks continue.

Nigeria’s SEC has sharply raised capital requirements across the securities industry in a sweeping recapitalisation push that could force consolidation and reshape the market.

African manufacturers welcomed US congressional approval to revive AGOA but warned delays are hurting exporters, threatening jobs and straining trade across the continent.

The African Development Bank has launched a new partnership drive with Arab development funds to mobilise long-term financing as Western donors scale back support to Africa.

South Africa welcomed the U. House approval to extend AGOA for three years, securing trade and jobs for African businesses.

The UAE and Nigeria signed a comprehensive economic partnership to boost trade, lower tariffs, and expand investment in strategic sectors.

Egypt announces $1.8bn renewable energy investments to strengthen solar and storage capacity.

The United States says it could soon lift more sanctions on Venezuela to restart oil sales, unlock frozen IMF assets and support economic rebuilding after the arrest of Nicolas Maduro.

Senegal’s prime minister insists the country’s debt is sustainable and rules out restructuring while pursuing a recovery plan amid IMF scrutiny.

Zambia has decided not to pursue a one-year extension of its IMF loan programme, which is due to expire at the end of January, as it prepares for elections and faces high inflation.

De Beers has attracted interest from African governments and investors as Anglo American looks to sell its stake, while the company targets growth in India and industrial diamonds.

China’s foreign minister Wang Yi has launched a New Year tour of four African countries aimed at strengthening political trust, expanding trade, and reinforcing Beijing’s engagement across the continent.

Egypt has signed two agreements with Syria to cooperate on gas supplies and petroleum products to support electricity generation amid ongoing energy shortages.