Border carbon taxes planned by rich nations threaten more than 500,000 South African jobs 78% of South Africa’s exports go to countries with net-zero...
Since its launch in 2022, the Pan-African Payment and Settlement System (PAPSS), designed to simplify cross-border transactions between African countries,...
Agence Ecofin, widely regarded as the leading French-language source for pan-African economic reporting, is now aiming higher: to become the top economic...
While Small-Scale Businesses (SSBs) or businesses in the so-called "informal sector" represent a significant share of value creation and employment in...
• Jean Bamanisa says Kinshasa needs 3,500 km of roads rebuilt at a cost of over $10 billion.• He warns that without urgent investment, the city...
• Africa must transition from symbolic influence to active leadership on global platforms.• AU reform, peace architecture, and AfCFTA implementation are...
Solar Panda acquires Zambia’s VITALITE, expanding reach across Southern Africa Company now serves over 450,000 households across Kenya, Senegal,...
• Namibia is Africa’s best performer on gender equality, ranked 8th globally• Cape Verde and South Africa follow in the top three on the continent• Global...
• Ivanhoe Mines expects copper production at Kamoa-Kakula to fall to 420,000 tons in 2025• The revision follows a seismic incident at the Kakula mine that...
• Benin launches $1.4 billion five-year tourism development plan• Target: 2 million annual visitors and 13.4% GDP share from tourism by 2030•...
• Benin launches $1.4 billion five-year tourism development plan• Target: 2 million annual visitors and 13.4% GDP share from tourism by 2030•...
Nigeria’s Parliament is deciding whether to approve a foreign loan plan worth about $24.14 billion. President Bola Tinubu proposed the plan in late...
Afreximbank rejects Fitch’s credit rating cut, citing legal limits on debt actions Bank says its financials follow global standards and its risk...
• EU adds four African projects to its strategic list for critical mineral supply• Projects include rare earths in Malawi and South Africa, graphite in...
• COI’s second phase aims to raise €3 billion by 2030 for plastic waste reduction• New focus includes packaging innovation and stronger recycling...
Rektron and Afritel plan to buy 60% stake in state-owned telecom operator AT Deal aims to revive AT’s performance and expand network...
AfDB raised $3 billion in a two-part bond issuance in U.S. dollars. The deal included the Bank’s first-ever 10-year global dollar...
Solar Panda acquires Zambia’s VITALITE, expanding reach across Southern Africa Company now serves over 450,000 households across Kenya, Senegal, and Zambia Off-grid solar gains ground as key...
• Ivanhoe Mines expects copper production at Kamoa-Kakula to fall to 420,000 tons in 2025• The revision follows a seismic incident at the Kakula mine that...
• Vodacom now sources 100% of its purchased electricity from renewables.• Energy demand in Africa’s telecom sector is rising with mobile and data growth.•...
• Direct tariff impacts on African exports to the U.S. are expected to stay limited• Key risk lies in falling demand from China, which could lower global...
Nigeria’s Parliament is deciding whether to approve a foreign loan plan worth about $24.14 billion. President Bola Tinubu proposed the plan in late...
Border carbon taxes planned by rich nations threaten more than 500,000 South African jobs 78% of South Africa’s exports go to countries with net-zero...
• Eutelsat’s OneWeb launches a satellite ground station in Luanda-Bengo, Angola• Station will connect low-Earth-orbit satellites to telecom infrastructure...
• Vodacom now sources 100% of its purchased electricity from renewables.• Energy demand in Africa’s telecom sector is rising with mobile and data growth.•...
• Direct tariff impacts on African exports to the U.S. are expected to stay limited• Key risk lies in falling demand from China, which could lower global...
• SODEN and Dutch fund CFM to build 76 MW biomass plant using farm byproducts• Cocoa and rubber waste to fuel grid-connected renewable power and biofuels•...
• African green hydrogen exports to Europe could face higher costs than projected• Study warns current models overlook country-specific investment risks•...
• Funding resumes after 2023 suspension tied to Uganda’s anti-LGBT legislation• Three new projects approved in social protection, education, and...
• AFC identifies $4 trillion in African funds that could finance infrastructure• Most assets sit in low-yield, short-term investments outside the...
• Nile.ag secures $11.2 million in equity funding led by Cathay AfricInvest Innovation Fund• Capital to expand digital agriculture tools and...
• KCB Group is in discussions with Ethiopia’s central bank following a 2024 law that allows foreign banks to operate locally.• The group may obtain a...
• FirstRand receives approval to take over HSBC's South African assets, clients, and staff• Move supports expansion of investment banking and...
BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in early 2025 amid stable macroeconomic...
• South Africa launches initiative to create SASCO, its first national shipping firm since 1999.• A steering committee will explore models including ship...
Feasibility study submitted by CPCS Transcom UK Ltd after April 2025 launch Corridor to link Walvis Bay and Gaborone, covering 1,500...
12 of the 15 countries with blocked airline revenues are in Africa, totaling $846 million Mozambique, Algeria, and Angola top the continent’s...
• Tunisia to receive €160 million from the EBRD for rail upgrades• The total investment of €185 million includes €25 million from the...
• Rwandan government to inject new funds into delayed Bugesera Airport project• Allocation included in 2025/2026 budget to help meet new 2027 launch...
Angola to add 1,200 km of new railway lines under its transport reform plan Intelligent systems will improve safety and operational...
• Uganda to secure €500M from Afreximbank, Ecobank, and DBSA for infrastructure• Rising domestic costs and limited concessional funding drive...
• Solar Panda enters Senegal to supply off-grid households with solar power• Over 350,000 homes in Kenya already equipped with its solar kits• The kits...
• Nigeria posted Sub-Saharan Africa’s largest net cereal deficit in 2023 at $2 billion• Wheat and rice imports remain high despite local maize...
• Egypt to launch $573 million project to produce phosphoric acid for fertilizers• First phase to yield 250,000 tons annually; commercial output...
• Algeria sets goal to raise date export revenues to $250 million per year• New plan aims to expand exports from 57 to 150 countries• Challenges...
• Ghana reduces 2024/2025 cocoa forecast to a maximum of 600,000 tons• Structural issues continue to affect output, including disease and climate change•...
• Rwanda signs MoU with Cotti Coffee to raise global coffee market value• Deal includes building a Sino-Rwandan coffee demonstration park• Coffee...
Nationwide ban on potato imports announced, effective through June 30, 2025 Imports dropped 43.7% between 2020 and 2023, cutting costs by...
Côte d’Ivoire adds kola nuts to new agricultural commodity exchange in Abidjan Sector faces declining output, poor structure, and lower export...
Coffee output projected to reach 11.56 million bags or 694,000 tons Growth driven by rejuvenated plantations and high-yield varieties USDA...
Ghana to roll out round-the-clock services at Tema and Takoradi ports in July Reform aims to ease export logistics and reduce non-tariff...
Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July Trafigura, Vitol, Shell, Saudi Aramco, and others involved in...
• Morocco unveils its first offshore wind farm, planned for 1000 MW near Essaouira• Project backed by Blue Mediterranean Partnership, with studies funded...
Ivanhoe’s Kamoa-Kakula smelter to begin operations in September, with output starting in October Facility to process 500,000 tons of concentrate...
Nigeria and Vietnam to co-host renewable energy forum focused on private investment NVCCI and VINATOKEN JSC to identify viable green energy...
• Chinese brand Omoda & Jaecoo to partner with Algeria's IRIS to produce tourist vehicles• Project targets local industrial growth and possible exports to...
Africa Energy, now operator of South Africa's 11B/12B offshore block, is in talks with PetroSA to utilize its infrastructure. The aim is to develop...
Perseus plans to produce between 2.6 and 2.7 million ounces of gold from 2026 to 2030 About $878 million will be invested,...
Government unveils plan to boost cybersecurity after attacks on public platforms Measures include firewalls, training, audits, and a new national...
This launch is a significant milestone that highlights Rwanda's ongoing digital transformation. With 5G support, smartphone users can access advanced...
With the telecom sector already a backbone for digital transformation, this partnership is a timely boost toward Ghana’s goal of becoming a connected,...
The AAE-2 subsea cable will enhance global internet resilience, unlock new digital growth opportunities across emerging markets, and support the next wave...
For many Ghanaians, affordable internet access is not just a convenience but a necessity for education, e-commerce, financial services, and civic...
• MTN, Telecel, and AT to invest $150 million in network improvements by end-2025• Move follows public complaints and government pressure to improve...
NEWSWIRE
• SARB opens fully funded scholarships for fine arts students under age 35• Creative economy projected to grow 40% by 2030 and reach 10% of global GDP•...
• South African academy WeThinkCode receives R35 million ($2 million) from Google.org• The program targets 12,000 youth in South Africa and Kenya,...
• RAM to acquire up to 50 Boeing 737 MAX jets, several 787 Dreamliners, and around 20 Airbus A220s• The plan supports the airline’s long-term strategy to...
• Ethiopian Airlines and Etihad form partnership linking Africa with Asia and Australia• Direct flights between Addis Ababa and Abu Dhabi begin July 15...
• Government plans to expand TVET access and build centers in every region• TVET funding rose 224% since 2018, but enrollment growth remains stagnant•...
NEWSWIRE
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Eutelsat opens Angola ground station to expand satellite internet coverage
18:23
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Vodacom invests $5.6mln to expand rural network in KwaZulu-Natal
18:17
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Morocco launches new cybersecurity strategy as attacks on state systems rise
18:10
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Solar Panda acquires VITALITE to scale off-grid solar access across Southern Africa
17:44
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Togo Secured over CFA300B from BOAD over 2021-2025 Period
17:03
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Togo: FAO Supports 1,000 Smallholder Farmers in the Kara Region
16:30
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Togo Gears Up to Launch Green Bonds
16:27
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Kribi Port: DRC Seeks New Export Route Through Cameroon
14:22
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Togo Rolls Out Free AI and Coding Training for 15,000 Students
13:45
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BOAD Development Days: Climate, Agriculture, and Energy Take Center Stage in Lomé
13:30
BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in...
• WAEMU’s inflation dropped from 2.2% in March to 1.5% in April 2025• BCEAO attributes the decline t...
• FirstRand receives approval to take over HSBC's South African assets, clients, and staff• Move sup...
• BOAD and JICA sign €200 million loan deal to support West Africa’s growth corridor plan.• Fun...
Located in the Seychelles archipelago, over 1,100 kilometers southwest of Mahé, Aldabra is one of the largest coral atolls in the world. It is composed of...
Le Morne Brabant, a basaltic mountain rising 556 meters in the southwest of Mauritius, overlooks a landscape of striking natural beauty. More than a...
