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The International Monetary Fund (IMF) has estimated that Côte d'Ivoire's financing needs to combat the impacts of climate change amount to $22...
African leaders gathered last April 22 and 23 in Audja, Nigeria, to address the escalating challenges posed by terrorism across the continent,...
Collectively, the three AES countries will have a combined GDP of $62.3 billion. Burkina Faso will lead the way, overtaking its neighbor Mali,...
Benin received a credit rating boost from Standard and Poor's (S&P) after its successful issuance of $750 million in international bonds in...
Following an evaluation conducted in April 2023, Côte d'Ivoire achieved a score of 80.5 out of 100 in its implementation of the Extractive Industries...
In Africa, satellite telecom service providers like Starlink are attracting growing interest from consumers, telecom companies, and governments. In Benin,...
Global Affairs Canada has provided $7.3 million in funding to the Africa Fertilizer Financing Mechanism (AFFM) to enhance sustainable agricultural...
The United States has allocated an extra $154 million for humanitarian assistance in Ethiopia, bringing their total contribution to...
Kenya is set to become the first African nation to issue Sustainable Linked Bonds (SLBs) by the end of 2024, with the support of the World Bank, Bloomberg...
Over the past decade, 18,700 African millionaires have left the continent in search of better opportunities, according to a report released on April 16 by...
Fitch Ratings last week reaffirmed the 'B' long-term credit rating of the West African Development Bank (BIDC), despite potential challenges from the...
In the first quarter of 2024, Africa's private equity landscape recorded $3.5 billion across 150 transactions, marking significant declines of 52.9%...
The African Development Bank (AfDB) has underscored the success of its program aimed at bolstering job opportunities for young people in Cameroon. At a...
About 55 million people in Central and West Africa face the risk of hunger between June and August, according to a March 2024 analysis by the Harmonized...
Trade between Côte d'Ivoire and China saw a 21% increase in 2023, reaching $5.28 billion, according to the Chinese ambassador to Côte d'Ivoire, Wu...
The credit market in the West African Economic and Monetary Union (WAEMU) is dominated by a handful of companies. According to BCEAO data, nearly 30% of...
In a move that reaffirms its commitment to Central Africa’s development course, the African Development Bank (AfDB) has inaugurated an ultramodern...
The report highlights the mixed experiences African nations that have implemented a continent-wide visa-free policy for their citizens have been facing...
The African Development Bank successfully concluded a three-day workshop in Nairobi, Kenya, aimed at enhancing its Empowering Novel Agri-Business-Led...
Ukraine has further solidified its ties with Côte d'Ivoire by inaugurating its embassy in Abidjan yesterday April 11. The ceremony was attended by Maksym...
Five years after the announcement by Alassane Ouattara and Emmanuel Macron of the end of the CFA franc and its planned replacement with the Eco, progress...
Economic growth in the African region behind the Sahara should reach 3.4% this year, according to estimates in the World Bank's latest Africa's Pulse...
Côte d'Ivoire reached a staff-level agreement with the IMF over the disbursement of $574 million to advance the country’s economic programs. This...
The Board of Directors of the African Development Bank Group has approved the Country Strategy Paper (CSP) for Zambia for 2024-2029, which sets out two...
Despite the closure of its borders with Niger, which accounts for 80% of its port transit volume, Benin reported a 14% increase in customs revenue in...
Sub-Saharan Africa spends $8.4 billion each year to fight infections acquired within healthcare facilities, according to a comprehensive study...
The African Legal Support Facility (ALSF) has appointed Akere Muna, an eminent lawyer and international legal consultant, as Goodwill Ambassador, marking...
The African Development Bank, through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF), has approved a $999,000 grant to...
In the Democratic Republic of Congo (DRC), a law passed in 2017 requires mining companies to employ local subcontracting firms whose majority stake is...
The Economic Community of West African States (ECOWAS) is on the brink of launching a dedicated fund for the energy and transport sectors by the end of...
South Africa's Parliament Speaker, Nosiviwe Mapisa-Nqakula, has announced her resignation in the wake of a corruption scandal. The announcement, made on...
Remittances from Tunisian migrants represent the second largest source of foreign currency after export earnings, since the 2011...
Côte d'Ivoire benefits from two IMF-supported financial programs worth a total of $4.8 billion. The programs are designed to preserve the country's...
The Nigerian government has announced plans to remove electricity subsidies for 15% of consumers, aiming to reduce the subsidy cost by 3.3 trillion naira...
Bassirou Diomaye Faye was sworn in as the new President of Senegal on Tuesday, April 2, following his first-round election victory on March 24. Shortly...

ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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