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...
Africa imported 18.8 GW of Chinese solar panels, up 48% Egypt, Algeria, South Africa among top buyers exceeding 1 GW Lower prices drive...
Africa’s tourism sector could reach $322 billion by 2035, but growth is constrained by visa fragmentation and weak regional mobility...
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...
Botswana and Zimbabwe to sign seven agreements covering trade, SMEs, tourism and environmental cooperation Leaders meet in Harare under Bi-National...
Mobile phones have become essential tools for work, education, payments and staying connected across Africa. Their longevity is no longer just a matter of...
Hitachi completes battery-powered mining truck trial at Zambia copper mine Truck logged 4,000 km, transported 30,000 tons, zero CO2 emissions Electric...
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...
A recent run of cyber incidents involving banks, insurers, and public-facing payment services has raised concerns about security standards in Nigeria...
Novation Tech opens first Tunisia factory with €22 million investment Monastir plant to produce carbon fiber automotive components Move...
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...
Africa’s tourism sector could reach $322 billion by 2035, but growth is constrained by visa fragmentation and weak regional mobility...
Pilot projects test viability of regulated cannabis economy Authorities target export markets and industrial value chains Sector could generate jobs...
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...
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...
EU commits €235 million ($275 million) in humanitarian aid for vulnerable populations. Central Sahel receives the largest allocation...
Pilot projects test viability of regulated cannabis economy Authorities target export markets and industrial value chains Sector could generate jobs...
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...
African LNG exports rise 27% to 11.32 million tons in Q1 2026 Supply disruptions in the Middle East drive demand from Europe and...
Resource exporters dominate gains from China trade surge Mining-led growth masks structural asymmetries China’s industrial strategy reshapes African...
EU commits €235 million ($275 million) in humanitarian aid for vulnerable populations. Central Sahel receives the largest allocation with €75 million. UN estimates 24 million...
Ghana Gold Board advances a traceability system covering gold from extraction to export. Authorities target 100 tonnes of ASM gold exports worth $10 billion. Gold sector...
Ghana approved visa exemption agreements with Antigua and Barbuda, Maldives, and Zambia. The agreements cover all passport categories, including ordinary and diplomatic passports. Travelers...
Madagascar approved a law to integrate birth registration into a nationwide biometric census program. The reform targets adults without birth certificates to expand access to legal identity and...
The DRC signed a defense contract with Turkey’s MKE to upgrade military equipment for its armed forces. The partnership focuses on operational capacity, skills transfer, and building a domestic...
Burkina Faso approved a national border governance strategy covering land and air borders for 2026–2030. The plan aligns with Sahel regional security coordination under the Alliance of Sahel...
Mali participated as guest of honor at Guinea’s third Skills Olympiad focused on vocational excellence. Officials from both countries aligned on vocational training as a strategic lever for...
GasEntec secured a contract to install an LNG terminal in Dakar to support Senegal’s energy supply. The project will supply gas to power plants, including the 300 MW Cap des Biches facility, and...
Pratt & Whitney inaugurated a $76 million aircraft engine components plant in Morocco’s Midparc industrial zone. The facility will produce high-precision parts for PT6 engines and create...
SIB net profit rose to 56 billion CFA francs in 2025 Lower risk costs and higher income supported performance Assets, loans and deposits grew, dividend increased to 425 francs Société...
Africa imported 18.8 GW of Chinese solar panels, up 48% Egypt, Algeria, South Africa among top buyers exceeding 1 GW Lower prices drive demand as renewables expand across...
After a decade of reforms, Benin’s agricultural sector has emerged as a cornerstone of economic transformation. The election of Romuald Wadagni marks the start of a new phase, with a stronger push toward...
ECOWAS reviews 2025 agricultural projects at Lomé meeting Around 20 programs assessed to set 2026 priorities Food insecurity affects nearly 40 million amid security crises Regional...
Togo tax-to-GDP ratio at 13.1%, below regional 20% target New 2027–2029 budget framework aims to improve fiscal planning Government seeks higher revenue via tax base expansion,...
Equity Bank proposes smartphone financing to boost digital adoption in DRC Low ownership persists, with only 8% of population using smartphones High costs and low awareness limit uptake...
Lifezone Metals raises $25 million for African minerals projects Funds support Kabanga, Musongati exploration and US recycling operations Move advances development amid rising...
Kenya ended COMESA sugar import caps after 24-year waiver Government still controls imports via licenses and tariff waivers Demand exceeds output, sustaining imports from regional suppliers Kenya’s...
Loan-loss provisions at the nine BRVM-listed banks that reported 2025 earnings rose 18% to $137 million as regional growth hit a record 6.7%. BOA Niger's net income collapsed 92%...
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...
Loan-loss provisions at the nine BRVM-listed banks that reported 2025 earnings rose 18% to $137 million as regional growth hit a record 6.7%. BOA...
SIB net profit rose to 56 billion CFA francs in 2025 Lower risk costs and higher income supported performance Assets, loans and deposits...
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...
Cameroon estimates $1.6 billion to rehabilitate the Douala-Bangui corridor. Authorities structured the project into three phases running from...
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...
Central African Republic plans fuel corridor via Congo’s Pointe-Noire Project aims to diversify supply beyond Douala route dependence Structural,...
Pratt & Whitney inaugurated a $76 million aircraft engine components plant in Morocco’s Midparc industrial zone. The facility will produce...
PAD signs 30-year PPP to rehabilitate Boscam terminal Project includes new platform and potential 700-meter quay Plan aims to restore regional traffic...
Airline converts option for six Boeing 787-9 into firm order Aircraft to support intercontinental routes and growing cargo demand Part of...
Industry players meet to improve coordination across the value chain Sector faces financing, logistics, and processing constraints Government push...
Kenya ended COMESA sugar import caps after 24-year waiver Government still controls imports via licenses and tariff waivers Demand exceeds output,...
After a decade of reforms, Benin’s agricultural sector has emerged as a cornerstone of economic transformation. The election of Romuald Wadagni marks the...
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...
The DRC government committed $7.7 million to boost soybean and maize production in South Ubangi province. Authorities aim to strengthen the full...
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...
GasEntec secured a contract to install an LNG terminal in Dakar to support Senegal’s energy supply. The project will supply gas to power plants,...
Globeleq launches 250 MW solar plant with battery storage near Lusaka Project aims to stabilize grid and meet peak electricity demand Move supports...
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...
Lifezone Metals raises $25 million for African minerals projects Funds support Kabanga, Musongati exploration and US recycling...
Ghana Gold Board advances a traceability system covering gold from extraction to export. Authorities target 100 tonnes of ASM gold exports...
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...
Equity Bank proposes smartphone financing to boost digital adoption in DRC Low ownership persists, with only 8% of population using...
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...
NEWSWIRE
Niger and Italy aim to curb migration by creating local employment through structured cooperation. A $4.7 million youth entrepreneurship...
Mali participated as guest of honor at Guinea’s third Skills Olympiad focused on vocational excellence. Officials from both countries aligned on...
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...
NEWSWIRE
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EU Commits $275 Million in Aid to Crisis-Hit Central and West Africa
11:31
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Ghana Gold Board Advances Digital Tracking System for Artisanal Gold
11:28
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Burundi Rolls Out Six-Pillar AI Strategy to Accelerate Digital Economy
11:23
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Ghana Expands Visa Waiver Network to Caribbean, Asia, and Africa
11:06
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Madagascar Passes Law to Expand Birth Registration via Biometric Census
11:01
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Togo sets up national framework to anticipate climate shocks
08:05
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West African tax authorities meet in Lomé for governance talks
08:02
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Greater Lome District opens national contest to design its logo and brand guidelines
07:52
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Togo advances reform, investment agenda at IMF-World Bank meetings
07:40
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Nigeria Becomes a Major Fuel Supplier to Cameroon With 18% Share
21:37
(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...
