Monday 7am. Three messages in #growth.

Stripe revenue by channel, Meta and Google spend reconciled against GA4, Klaviyo flow performance, Shopify AOV by source. Posted by Viktor at 6am.

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Last year, Ghana's small-scale miners reached a milestone that reshaped the country's gold industry. They overtook large mining companies to become Ghana's biggest source of gold.

Now, the momentum is continuing, with another record year within reach. Beyond the numbers, the story shows how formalising an informal sector can reduce smuggling, boost exports, and strengthen an economy recovering from a debt crisis.

As more African countries rethink how they manage their mineral wealth, Ghana's approach is becoming one to watch.

Ghana’s Gold Board purchased between 50 and 54 metric tonnes of gold from artisanal and small-scale miners in the first half of 2026, keeping the country on track to match or exceed last year’s record output.

The sector produced 104 metric tonnes in 2025, becoming Ghana’s largest source of gold for the first time.

Gold exports remain a major source of foreign exchange, with artisanal mining generating nearly $11 billion last year.

Officials say formalising the sector has helped reduce smuggling, expand official trading and strengthen export revenues. Read more…

🇲🇼 Canva's billionaire founders are giving $150 million directly to Malawi's poorest—with no strings attached

Canva founders Melanie Perkins and Cliff Obrecht have expanded their Malawi cash transfer program to $150 million through the Canva Foundation and GiveDirectly.

More than $52.5 million has already been distributed, with each adult receiving about $550.

The initiative has reached over 139,000 people, while early results show improvements in poverty levels, health, school enrollment and local economic activity. Read more…

🇧🇫 The African bloc born from military coups is showing surprising economic resilience

Burkina Faso, Mali and Niger are projected to record a combined economic growth rate of 5.5% in 2025, according to EBID. Niger is expected to lead with 6.9% growth, while Burkina Faso and Mali are forecast at 5.0% and 4.9%.

Agriculture, mining, energy and services continue to support their economies despite political and security challenges. Read more…

🇷🇼 Rwandan coffee heads to the Premier League through Aston Villa's $26 million-a-year partnership

Rwanda has signed a reported $26 million-a-year partnership with Aston Villa, making Visit Rwanda the club's Principal Partner and Official Coffee Provider.

The agreement will promote the country's tourism and specialty coffee through the club's activities, while also covering football development, leadership initiatives and charitable programmes.

The deal has also drawn criticism from Amnesty International UK. Read more…

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🇪🇬 Inside the $350 million Turkey-Egypt defence pact as Africa’s most powerful military seeks its first stealth fighter

Turkey and Egypt have built a $350 million defense partnership covering arms deals and local production. The agreement allows Egypt to manufacture and export Turkish military gear across Africa and the Middle East.

This strategic cooperation, which includes joint military exercises and potential stealth fighter partnership, helps Cairo modernize its forces in an intensifying regional arms race. Read more…

🇦🇴 Global commodities giant Trafigura backs out of Angola's 2,000 MW power project meant to power DRC and Zambia's copper and cobalt mines

Trafigura has withdrawn from a planned 2,000 MW power transmission project meant to deliver Angolan hydropower to energy-hungry copper and cobalt mines in the DRC and Zambia.

First announced in July 2024, the initiative aimed to address persistent electricity shortages. While Trafigura’s exit leaves the project’s future in limbo, other regional cross-border grid links are continuing to advance. Read more…

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There are more than 180 official currencies used around the world today. Remarkably, despite the vast size of the African continent and its 54 nations, Africa uses only 42 distinct currencies. This is because several countries share regional currencies, like the CFA franc which is used by 14 different nations.