West Africa in August 2026: the most important developments in economy
In West Africa in August 2026, Real Madrid signed the Ivorian winger Yan Diomande for a record fee on August 6.
Other economic news concerned industry and infrastructure. Dangote refinery was set for what would be Africa's biggest initial public offering, aiming to raise Sh646 billion. Fortuna Mining bought the Senegal project of Barrick and IAMGOLD for 200 million dollars. Ghana's parliament backed tough protections for cocoa farms, with penalties of up to 20 years in prison. On August 13, France announced funding for the Abidjan metro project while reducing family aid. In Lagos, the state took over a renovated 48-bed health centre in Imota, and Lagos's commissioner Hamzat said the state needs a larger budget to meet infrastructure demands.
by WorldBrief & Maksim Micheliov | AI-generated summary
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