Africa produces what it doesn’t consume, and consumes what it doesn’t produce. That stark line captures the contradictions of a continent that holds...
Digital outsourcing is often promoted as a gateway to jobs for Africa’s connected youth. Yet behind the promise of stable employment lies a more troubling...
The April 2026 Fiscal Monitor reveals that the global fiscal gap has nearly closed, yet Africa's picture remains deeply uneven. Several African countries...
By Diaka Camara, journalist, producer, founder of CBC Worldwide Com & Prod, and president of the Diaka Camara Foundation. I still remember returning to...
by Sophie Kafuti, General Manager for Visa in the DRC For years, efforts to modernize payments in the Democratic Republic of the Congo have focused...
By Nanga Koné, Country Director Rainforest Alliance Côte d’Ivoire One fact is hard to ignore : Over time, the widespread and often poorly...
Ecobank in talks for direct yuan settlement with Bank of China Move would cut costs by bypassing dollar in Africa-China trade Part of wider...
Pilot projects test viability of regulated cannabis economy Authorities target export markets and industrial value chains Sector could generate jobs...
Ghana non-traditional agricultural exports rose 37.8% to $710 million Cashew led earnings; shea surged on anticipated export...
Global wind capacity reached 1,299 GW after 165 GW added China led growth, installing 120 GW, over half global total Capacity must hit 320...
Botswana and Zimbabwe to sign seven agreements covering trade, SMEs, tourism and environmental cooperation Leaders meet in Harare under Bi-National...
African LNG exports rise 27% to 11.32 million tons in Q1 2026 Supply disruptions in the Middle East drive demand from Europe and...
Hitachi completes battery-powered mining truck trial at Zambia copper mine Truck logged 4,000 km, transported 30,000 tons, zero CO2 emissions Electric...
Resource exporters dominate gains from China trade surge Mining-led growth masks structural asymmetries China’s industrial strategy reshapes African...
A recent run of cyber incidents involving banks, insurers, and public-facing payment services has raised concerns about security standards in Nigeria...
Over the past decade, Benin has recorded one of the fastest growth rates in West Africa. Growth is projected at 7% in 2026, the highest in the WAEMU...
In the race to secure control over critical minerals, the United States lags behind China, which dominates the market and is positioned across the entire...
Ecobank in talks for direct yuan settlement with Bank of China Move would cut costs by bypassing dollar in Africa-China trade Part of wider shift reducing dollar reliance across African...
Ghana non-traditional agricultural exports rose 37.8% to $710 million Cashew led earnings; shea surged on anticipated export...
Renewables generated 34% of power, surpassing coal at 33% Clean energy met all demand growth; fossil generation fell slightly China led...
Mobile phones have become essential tools for work, education, payments and staying connected across Africa. Their longevity is no longer just a matter of...
African LNG exports rise 27% to 11.32 million tons in Q1 2026 Supply disruptions in the Middle East drive demand from Europe and...
Africa produces what it doesn’t consume, and consumes what it doesn’t produce. That stark line captures the contradictions of a continent that holds...
Africa’s tourism sector could reach $322 billion by 2035, but growth is constrained by visa fragmentation and weak regional mobility...
Renewables generated 34% of power, surpassing coal at 33% Clean energy met all demand growth; fossil generation fell slightly China led...
Mobile phones have become essential tools for work, education, payments and staying connected across Africa. Their longevity is no longer just a matter of...
Nigerian airlines paused a threatened strike pending April 22 talks Jet fuel costs surged nearly 300%, from ₦900 to ₦3,300/liter African carriers face...
Novation Tech opens first Tunisia factory with €22 million investment Monastir plant to produce carbon fiber automotive components Move...
Reform targets fragmented rules slowing network deployment Government aims to boost investment in broadband and 5G Changes seek to lower costs and improve service quality South Africa has initiated...
PAD signs 30-year PPP to rehabilitate Boscam terminal Project includes new platform and potential 700-meter quay Plan aims to restore regional traffic and boost competitiveness The Port Authority...
Globeleq launches 250 MW solar plant with battery storage near Lusaka Project aims to stabilize grid and meet peak electricity demand Move supports shift away from heavy reliance on...
Funding targets SMEs, farmers, and agricultural value chains Program aims to improve access to finance and attract private capital Initiative to support over 300 women-led firms and 5,000 agribusiness...
Moscow sets export quota at 20 million tons from June to November Move aims to secure domestic supply during peak farming season Decision adds strain to already tight global fertilizer...
Company seeks to raise 485.8 billion naira through share offering Funds to support expansion and reduce debt Strategy aims to boost local sugar production and cut imports Dangote Sugar Refinery,...
AFC raises $100 million from India’s Exim Bank over five years Funding to support infrastructure and industrial projects in Africa Deal reflects growing reliance on Asian financing...
New fund aims to mobilize CFA200 billion to finance 300,000 projects Targets SMEs and rural economy through Sharia-compliant financing Move seeks to expand financial inclusion in an underdeveloped...
Vivo signed a financing agreement with Credit Direct to boost smartphone sales in Nigeria through installment payments. Customers will pay 20% upfront and spread the balance over six months, with a...
The IMF lowered CEMAC’s 2026 growth forecast to 3% from 3.3% amid weaker regional and global conditions. Chad is set to lead growth at 5.2%, while Equatorial Guinea is expected to contract by...
Mozambique and China signed more than 20 cooperation agreements during President Daniel Chapo’s state visit to Beijing. Both countries upgraded relations to a “shared future community for the new...
Morocco aims to connect 5.6 million households to fiber and achieve 85% 5G population coverage by 2030. Telecom operators plan to invest over $8.6 billion in 5G infrastructure by 2035. The...
The DRC government committed $7.7 million to boost soybean and maize production in South Ubangi province. Authorities aim to strengthen the full agricultural value chain and improve supply routes...
Nigeria approved a $10.3 billion offshore investment led by Eni. The projects target Zabazaba and Etan fields on OPL 245, with output expected at 150,000 bpd by 2029. Authorities aim to boost...
Zijin Gold International produced 13.46 tonnes of gold in Q1 2026, reaching 23% of its annual target. The Akyem mine supported output growth, with production expected to rise to 8.5 tonnes in...
Edita Food Industries secured a 600 million EGP ($11.5 million) medium-term loan. The company targets capacity expansion in Egypt and regional markets including Morocco and Iraq. The group posted...
Africa’s tourism sector could reach $322 billion by 2035, but growth is constrained by visa fragmentation and weak regional mobility integration Inconsistent visa regimes across African countries...
Ivory Coast increased the number of courts connected to its e-justice platform to 28. Authorities aim to standardize service speed and security across all jurisdictions. The government targets full...
Rome Resources raised £1.2 million ($1.6 million) to fund drilling in DR Congo. The company targets tin and copper discoveries near the Bisie mining area. The firm seeks strategic partnerships to...
France will provide a €100 million ($117.5 million) loan to support urban infrastructure in South Africa. The funding complements a $925 million World Bank program targeting metro...
President Bola Tinubu replaced Finance Minister Wale Edun with Taiwo Oyedele. The government framed the reshuffle as a move to strengthen economic governance and policy execution. The decision comes...
Cameroon estimates $1.6 billion to rehabilitate the Douala-Bangui corridor. Authorities structured the project into three phases running from 2027 to 2031. The government seeks funding from...
Tolaram's ₦2-per-share interim dividend translates to $2M cash — on top of a $410M unrealized gain built across two acquisitions at ₦81.60 each The payout follows an 18-month...
Pilot projects test viability of regulated cannabis economy Authorities target export markets and industrial value chains Sector could generate jobs and new revenue streams beyond mining The...
Lomé airport marks 10 years, passenger traffic exceeds forecasts Hub growth driven by ASKY Airlines, strong regional connectivity Rising demand strains capacity, expansion and upgrades under...
Nigeria approves new police training center with 15 billion naira funding Project aims to modernize training, expand Nigeria Police Academy capacity Move comes amid insurgency, kidnappings...
Niger begins $10.7 million rehabilitation of Ibohamane irrigation scheme Project targets 750 hectares to boost output, reduce rain reliance Backed by World Bank program expanding...
Ecobank in talks for direct yuan settlement with Bank of China Move would cut costs by bypassing dollar in Africa-China trade Part of wider shift reducing dollar reliance across African...
Ghana non-traditional agricultural exports rose 37.8% to $710 million Cashew led earnings; shea surged on anticipated export ban Growth signals diversification beyond cocoa, despite...
Both banks posted near-identical pre-tax profits in 2025, yet a 12-point tax rate gap cost GTCO $89 million more than its rival Zenith appears to be a lender, 33% of its assets in loans....
Mozambique creates SLIGM to manage gas logistics infrastructure State firms partner to develop LNG storage and regasification projects Move aims to boost supply, leverage vast Rovuma Basin...
Egypt-UAE consortium to invest €200 million in Essaouira project First phase includes 800 rooms, leisure village, golf courses Project supports Morocco tourism goals targeting 26...
Nigeria's central bank and telecoms regulator signed an agreement giving financial institutions real-time visibility into mobile number activity The initiative targets SIM-swap fraud that...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and realities Initiative aims to reshape youth narrative amid higher...
Renewables generated 34% of power, surpassing coal at 33% Clean energy met all demand growth; fossil generation fell slightly China led expansion, dominating new solar and wind...
Global wind capacity reached 1,299 GW after 165 GW added China led growth, installing 120 GW, over half global total Capacity must hit 320 GW annually by 2030 for climate goals Wind...
Sierra Leone to relaunch Sierratel via MVNO deal with Africell Government says move avoids privatization, reduces infrastructure costs Sierratel burdened by debt, aging network, and...
Proparco commits $17.25 million to Alterra Africa Accelerator Fund Fund targets established African companies with expansion potential Investment highlights growing demand for private...
Government seeks to strengthen export council after steady trade growth New border facilities and support tools planned to ease exports Strategy aims to boost value-added products and...
Final two of 10 new locomotives delivered to state rail operator CFM Move aims to support growing cross-border freight demand Part of broader plan to boost logistics capacity and reduce road...
Airline converts option for six Boeing 787-9 into firm order Aircraft to support intercontinental routes and growing cargo demand Part of broader plan to expand fleet and global network by...
Australia’s Ryzon to sell Nachu project to U.S.-listed Sow Good Deal values asset at about $107 million after years of delays Move reflects growing global interest in graphite for...
Government prepares stockpile to absorb excess cobalt from export limits Surplus output continues to build despite quotas and restrictions Weak global prices and rising alternatives cloud market...
Production forecast at 9 million tons, more than double last season Strong early rains helped expand cultivated land to 3.9 million hectares Lower output than record levels, but imports—especially...
Deal with Honeywell to produce propylene and detergent inputs locally Projects aim to reduce imports and strengthen industrial value chains Strategy targets higher margins beyond traditional oil...
Industry players meet to improve coordination across the value chain Sector faces financing, logistics, and processing constraints Government push aligns with broader strategy to develop...
New cluster brings together startups, universities, and research centers Initiative aims to boost innovation and tech competitiveness Part of broader plan to reach 20,000 startups by 2029 Algeria...
Chad will deploy 1,500 troops to Haiti for a 12-month UN-backed mission. First contingent of 400 troops has already been deployed. Deployment follows Kenya’s withdrawal and escalating insecurity in...
EIB and Zemen Bank mobilize €40 million ($47 million) for agricultural SMEs At least 30% of funds target climate projects and 30% support women-led businesses Initiative marks EIB’s first direct...
Global battery storage capacity rose 40% year-on-year to 108 GW in 2025. Installed capacity expanded more than elevenfold compared with 2021 levels. China accounted for nearly 60% of new capacity...
Botswana and Zimbabwe to sign seven agreements covering trade, SMEs, tourism and environmental cooperation Leaders meet in Harare under Bi-National Commission framework Focus placed on regional...
Kenya and Italy signed a 2026–2029 action plan to expand cooperation across political, economic, and technological sectors. Bilateral trade rose to $315 million in 2025 from $226 million in...
Senegal and Sierra Leone signed a bilateral treaty in mining and energy on April 20 in Dakar. The agreement focuses on resource exploration, energy security, and investment promotion. Both countries...
IEA projects about two years for Middle East oil and gas production to return to pre-war levels. Oil flows through the Strait of Hormuz fall from over 20 million barrels per day in February to 3.8...
MobileMoney Fintech CEO says company may list within 3–5 years Listing would allow users to invest in the company via mobile channels Ghana’s stock market remains dominated by institutional...
Sonatel Q1 revenue rises 6.9% to 504.2 billion CFA francs EBITDA up 9.8%, net profit increases 4.5% Growth driven by data demand, Orange Money, infrastructure investment Sonatel Group, comprising...
With Arise, Gagan Gupta has built a reputation in Africa for developing industrial platforms, notably in Benin and Togo. In recent years, the Indian businessman has been diversifying into the mining...
HONOR plans to expand smartphone production at Egypt factory Plant targets three million units annually, 1,000 jobs Move aims to boost exports, position Egypt as regional hub Chinese smartphone...
Both banks posted near-identical pre-tax profits in 2025, yet a 12-point tax rate gap cost GTCO $89 million more than its rival Zenith...
Company seeks to raise 485.8 billion naira through share offering Funds to support expansion and reduce debt Strategy aims to boost local sugar...
AFC raises $100 million from India’s Exim Bank over five years Funding to support infrastructure and industrial projects in Africa Deal reflects...
New fund aims to mobilize CFA200 billion to finance 300,000 projects Targets SMEs and rural economy through Sharia-compliant financing Move seeks to...
France will provide a €100 million ($117.5 million) loan to support urban infrastructure in South Africa. The funding complements a $925...
Lomé airport marks 10 years, passenger traffic exceeds forecasts Hub growth driven by ASKY Airlines, strong regional connectivity Rising...
Final two of 10 new locomotives delivered to state rail operator CFM Move aims to support growing cross-border freight demand Part of...
Airline converts option for six Boeing 787-9 into firm order Aircraft to support intercontinental routes and growing cargo demand Part of...
Central African Republic plans fuel corridor via Congo’s Pointe-Noire Project aims to diversify supply beyond Douala route dependence Structural,...
PAD signs 30-year PPP to rehabilitate Boscam terminal Project includes new platform and potential 700-meter quay Plan aims to restore regional traffic...
Cameroon estimates $1.6 billion to rehabilitate the Douala-Bangui corridor. Authorities structured the project into three phases running from...
Industry players meet to improve coordination across the value chain Sector faces financing, logistics, and processing constraints Government push...
Lesotho and South Africa will launch the Senqu Bridge, a $146.7 million cross-border infrastructure project. The bridge forms part of Phase...
The DRC government committed $7.7 million to boost soybean and maize production in South Ubangi province. Authorities aim to strengthen the full...
Funding targets SMEs, farmers, and agricultural value chains Program aims to improve access to finance and attract private capital Initiative to...
Moscow sets export quota at 20 million tons from June to November Move aims to secure domestic supply during peak farming season Decision adds strain...
Edita Food Industries secured a 600 million EGP ($11.5 million) medium-term loan. The company targets capacity expansion in Egypt and regional markets...
Tolaram's ₦2-per-share interim dividend translates to $2M cash — on top of a $410M unrealized gain built across two acquisitions at ₦81.60...
Niger begins $10.7 million rehabilitation of Ibohamane irrigation scheme Project targets 750 hectares to boost output, reduce rain...
Production forecast at 9 million tons, more than double last season Strong early rains helped expand cultivated land to 3.9 million hectares Lower...
EIB and Zemen Bank mobilize €40 million ($47 million) for agricultural SMEs At least 30% of funds target climate projects and 30% support...
Zijin Gold International produced 13.46 tonnes of gold in Q1 2026, reaching 23% of its annual target. The Akyem mine supported output growth, with...
Rome Resources raised £1.2 million ($1.6 million) to fund drilling in DR Congo. The company targets tin and copper discoveries near the Bisie mining...
Mozambique creates SLIGM to manage gas logistics infrastructure State firms partner to develop LNG storage and regasification projects Move...
Nigeria approved a $10.3 billion offshore investment led by Eni. The projects target Zabazaba and Etan fields on OPL 245, with output expected at...
Globeleq launches 250 MW solar plant with battery storage near Lusaka Project aims to stabilize grid and meet peak electricity demand Move supports...
Australia’s Ryzon to sell Nachu project to U.S.-listed Sow Good Deal values asset at about $107 million after years of delays Move...
Government prepares stockpile to absorb excess cobalt from export limits Surplus output continues to build despite quotas and restrictions Weak global...
Deal with Honeywell to produce propylene and detergent inputs locally Projects aim to reduce imports and strengthen industrial value chains Strategy...
Reform targets fragmented rules slowing network deployment Government aims to boost investment in broadband and 5G Changes seek to lower costs and...
Vivo signed a financing agreement with Credit Direct to boost smartphone sales in Nigeria through installment payments. Customers will pay 20% upfront...
Morocco aims to connect 5.6 million households to fiber and achieve 85% 5G population coverage by 2030. Telecom operators plan to invest...
Nigeria's central bank and telecoms regulator signed an agreement giving financial institutions real-time visibility into mobile number...
Sierra Leone to relaunch Sierratel via MVNO deal with Africell Government says move avoids privatization, reduces infrastructure...
Sonatel Q1 revenue rises 6.9% to 504.2 billion CFA francs EBITDA up 9.8%, net profit increases 4.5% Growth driven by data demand, Orange Money,...
NEWSWIRE
Niger and Italy aim to curb migration by creating local employment through structured cooperation. A $4.7 million youth entrepreneurship...
85.8% of Malawi’s 8,939 schools lack internet access despite national digital ambitions. Nearly 47% of schools have no electricity, making...
UniPod launched Botswana's first homegrown VR program, letting users explore its labs remotely. The technology has potential uses in education,...
Nigeria opens applications for second cohort of national TVET program Training targets skills, offers stipend, covers multiple high-demand...
Guinea launches secondary curriculum reform prioritizing skills over rote learning New system emphasizes critical thinking, digital skills,...
NEWSWIRE
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Nigeria Becomes a Major Fuel Supplier to Cameroon With 18% Share
21:37
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South Africa Overhauls Telecom Rules to Attract Investment and Improve Networks
21:27
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Cameroon Plans $226 Million Port Upgrade Through Public-Private Partnership
21:24
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Cameroon Bets on Sanitary Reforms to Restore Shrimp Exports to Europe
21:20
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Cameroon’s Arabica Coffee Earnings Jump as Quality Lifts Export Value
21:08
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Cameroon’s Cotton Sector Runs on CFA60bn in Annual Farm Credit With Full Repayment
21:04
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Power Producer Globeleq Launches Solar and Storage Project in Lusaka, Zambia
20:58
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U.K. Backs Congo’s Agribusiness With $3.1 Million to Unlock Private Investment
20:31
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Togo’s National Health Institute introduces digital platform and secure Insurance card
16:49
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Togo, Côte d’Ivoire agree to deepen cooperation between arbitration courts
16:40
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Mobile phones have become essential tools for work, education, payments and staying connected across...
Nosy Iranja is one of the most iconic island destinations in northwestern Madagascar, lying in the Mozambique Channel about an hour and a half by boat...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
