French think tank coins “CUBITA” for six agricultural powers Group accounts for one-third of global farm exports Report says members could reshape...
Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) after Ramadan. The TSGP would transport 20–30...
As digital payments continue to expand across Francophone Africa, the ecosystem is moving into a more mature phase where the core challenge is no longer...
Like other sub-regions across the continent, West Africa faces pressing challenges in soil health and fertilizer management. As the continent’s most...
The main point of contention between Niamey and France’s Orano concerns the uranium stock extracted before the nationalisation of Somaïr, an issue that...
Joëlle TRAORÉ is a tax law expert with a PhD from the University of Paris 1 Panthéon-Sorbonne. She specializes in international and African taxation, with...
Rabobank urges Kenya to assemble bouquets locally Kenya supplies 40% of Europe’s cut flower imports Gulf exports reach $100 million...
Pope Leo XIV to tour four African nations April 13-23 First Africa visit since 2025 election Trip highlights continent’s growing Catholic...
Rwanda and GiveDirectly will mobilize more than $150 million over five years to reduce poverty by 25% in the five poorest districts. Rwanda...
Africa’s grasslands could shrink up to 65% by 2100 Over 110 million livestock farmers risk losing incomes Globally, up to half of grazing land may...
Producers and beverage makers clash over import protection mechanism Sugar association wants DBRP raised to $905 per ton; beverage group...
The World Bank plans to mobilize up to $6 billion for Mozambique over five years. The institution has already secured nearly $3 billion and...
Leaders shift focus from aid rhetoric to industrial capacity, calling for capital that builds factories, not dependency. A new Jobs Wall Tracker...
Carrefour targets 22 African markets under 2030 strategy Expands via franchise deals in Ethiopia, Ghana Move intensifies rivalry with market leader...
Nigeria misses 2025 targets under Presidential CNG Initiative About 300 centers, 40 stations built since 2023 Government aimed for 500 centers, 150...
Supreme Court rules 6–3: IEEPA does not authorise the President to impose tariffs. Constitutional principle upheld: taxing power belongs exclusively to...
IMF Board completes 4th ECF review, unlocking $33.2M disbursement and bringing total support to $165.8M since September 2023. Burkina...
Rabobank urges Kenya to assemble bouquets locally Kenya supplies 40% of Europe’s cut flower imports Gulf exports reach $100 million annually The Kenyan cut flower industry can move further up...
Rwanda and GiveDirectly will mobilize more than $150 million over five years to reduce poverty by 25% in the five poorest districts. Rwanda...
World Bank says Mauritius needs $5.6 billion climate funding Investment equals 2.3% GDP annually through 2030 Report urges reforms,...
Jean-Arsène Yerima, Regional Chief Operating Officer for Francophone West Africa at Afreximbank, sets out the bank’s strategy to fast-track...
The World Bank plans to mobilize up to $6 billion for Mozambique over five years. The institution has already secured nearly $3 billion and...
French think tank coins “CUBITA” for six agricultural powers Group accounts for one-third of global farm exports Report says members could reshape...
EU allocates €63 million humanitarian aid to Somalia WFP warns programs could halt without $95 million 6.5 million Somalis face...
World Bank says Mauritius needs $5.6 billion climate funding Investment equals 2.3% GDP annually through 2030 Report urges reforms,...
Jean-Arsène Yerima, Regional Chief Operating Officer for Francophone West Africa at Afreximbank, sets out the bank’s strategy to fast-track...
Temple Tree Hospitality project to inject $200 million into resort expansion and infrastructure Direct flights from London and Manchester...
Puleng Pitso, Investment Officer at Ninety One | Emerging Africa and Asia Infrastructure Fund (EAAIF), explains how the fund acts as the architect of...
Himile to invest $100 million in Egypt factory Plant to create up to 2,000 jobs Facility to serve Middle East, Europe, Americas markets China’s Himile Group plans to build...
EU allocates €63 million humanitarian aid to Somalia WFP warns programs could halt without $95 million 6.5 million Somalis face food insecurity The European Union on Thursday...
Parliament approves €140 million (about $165 million) IsDB financing Funds to pave 53-km Mali–Gadalougué road and related infrastructure Project ties into wider Guinea–Senegal...
New joint authority to manage Kazungula Bridge and one-stop border post Move aims to cut transit delays and support AfCFTA integration Bridge links Durban port to DRC and Tanzania via...
Federal and Kaduna State governments to invest $29.5 million in ginger hub Facility aims to boost processing capacity and reduce post-harvest losses Kaduna already accounts for over 75%...
Panoro to raise stake in offshore Block G to 54.625% $180 million deal with Kosmos adds 46 million barrels of 2P reserves Company targets 20,000 barrels per day net output by...
Traders resume cocoa purchases after removal of key price premiums CCC eliminates origin differential and $400 per ton living income differential Move may revive forward sales ahead of...
(HEC PARIS) - Five years after its inaugural launch in Abidjan, Challenge+ Afrique, HEC Paris’s flagship entrepreneurship program, celebrated its anniversary at an event bringing together entrepreneurs,...
Macron and Randrianirina launch renewed two-year partnership framework Cooperation to focus on governance, economic reform and security Talks follow tensions linked to Madagascar’s recent...
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market is large but internet access remains uneven Company would face competition from Safaricom and...
Eramet halts Senegal mineral sands operations after fire damages extraction unit Force majeure declared; 900,000-ton production target put on hold Financial impact under review as...
Zimbabwe ends talks on a $367 million, five-year U.S. health accord President Mnangagwa calls the draft agreement “clearly unbalanced” The decision comes as Washington reshapes foreign...
Ghana Civil Aviation Authority launches SAF feasibility and implementation studies to align aviation with net‑zero goals. ICAO feasibility analysis highlights Ghana’s potential to develop a...
I.M.F. completes two reviews, unlocking about $2.3 billion for Egypt Inflation has fallen sharply, and currency pressures have eased The Fund warns that structural reforms and...
Kenya sold 65% of KPC in a $825 million local-currency IPO The offer was oversubscribed, driven mainly by institutional investors Uganda acquired a 20.15% stake, underscoring the deal’s...
Serbia aligns beef, lamb export rules with Tunisia Tunisia frozen beef imports doubled since 2020 Seven countries supplied Tunisian market in 2024 Serbia’s Ministry of Agriculture announced...
Tanzania has deployed 16 modern self‑propelled boom sprayers across five core cotton‑producing districts. Farmers report significant reductions in labour time and cost, potentially lifting...
MTN and regulator ZICTA launch solar-assisted telecom towers to extend mobile broadband to rural communities. Zambia targets nationwide broadband coverage and reduced digital divide under its ICT...
Hub2, Ecobank to link 200 million mobile wallets Rollout to focus first on UEMOA and CEMAC Africa holds 74% of global mobile money volume Ivorian financial services company Hub2 has...
Botswana Diamonds renames to Botswana Minerals Plc Company shifts focus toward copper exploration Diamonds account for nearly 80% of exports Botswana Diamonds, a London AIM-listed and...
Benin orders crackdown on overloaded, oversized trucks UEMOA rules cap weight at 51 tonnes ECOWAS road maintenance gap estimated at $9.5 billion Benin has launched a crackdown on...
ILO says full employment includes frictional unemployment OECD flags widespread informal, low-productivity jobs in Africa 350 million African youths to reach working age Full employment...
AfDB approves $58 million for Eritrea solar mini-grid 34 MW plant to benefit 306,000 people Project part of 10 GW Desert to Power initiative Eritrea is launching a 34-megawatt...
EDF commissions 420 MW Koruson 1 wind cluster Power sold under 20-year PPA, supplies 193,000 homes Project includes substation linking up to 1.5 GW EDF Renewables South Africa, a...
Fiscal deficit cut to 3.1% of GDP Debt revised to 60.5% of GDP end-2024 The International Monetary Fund said on Tuesday, Feb. 24, it had completed the final reviews of its programs with...
Burkina Faso launches Sereya platform for Faso Mêbo Platform tracks citizen contributions and project progress Integrated with Faso Arzeka national payment system Burkina Faso’s ICT ministry on...
Egypt minister meets Scatec after Obelisk phase launch First phase adds 561 MW solar, 100 MW storage 25-year PPA covers 1.95 GW solar capacity Egyptian Investment and Foreign Trade Minister Mohamed...
Saudi aid agency launches primary education project in Chad Initiative to support 23,000 students in eight provinces World Bank says 94% lack basic reading skills The King Salman Humanitarian Aid...
Eight months after loosening restrictions on diamond sales, the Democratic Republic of Congo has returned to Antwerp, the historic hub of the global diamond trade, with a public auction led by one of its...
Liquid repays ZAR loan and $220 million facility Secures $410 million new credit, $195 million equity Plans $300 million bond before 2026 maturity Liquid Intelligent...
Rabobank urges Kenya to assemble bouquets locally Kenya supplies 40% of Europe’s cut flower imports Gulf exports reach $100 million annually The Kenyan cut flower industry can move further up...
Kenya to start Naivasha-Kisumu SGR extension in March 264-km line due for completion by June 2027 Project aims to link Kenya rail to Uganda network Kenya will begin construction in March on the...
Ghana’s GoldBod targets 127 tonnes annual ASM output Weekly purchases of 2.45 tonnes planned ASM output hit record 96.4 tonnes in 2025 Ghana’s GoldBod, the regulator of the artisanal and...
Six Congo Basin nations launch carbon market roadmaps Plans aim to align with Paris Agreement rules Forests stored 90.9 billion tons of carbon Six Congo Basin countries have launched strategic...
IMF mission begins in Gabon to review finances Public debt reached 72.5% of GDP in 2024 Talks may lead to new IMF-supported programme An International Monetary Fund (IMF) delegation began a mission...
Djibouti seeks AfDB funding for delayed Biidley Airport Project aims for 1.5 million passengers annually Airport central to 2035 regional logistics hub plan Djibouti has stepped up efforts to...
Pope Leo XIV to tour four African nations April 13-23 First Africa visit since 2025 election Trip highlights continent’s growing Catholic population The Vatican has officially announced a 10-day...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing Media Freedom.” Organizers launched the Africa Media...
The Democratic Republic of Congo and Gabon signed a memorandum of understanding on Feb. 19 to develop mobile roaming between their territories. The regulators ARPTC and ARCEP initialed the protocol...
Sub-Saharan Africa raised defense spending by 19% in 2025 to $23.6 billion, according to IISS. Nigeria nearly doubled its defense budget to $2.29 billion, while South Africa cut spending by...
Zimbabwe imposed an immediate ban on lithium concentrate exports, advancing a planned 2027 deadline by one year. Authorities applied the embargo to shipments already in transit and did not specify its...
Rwanda and GiveDirectly will mobilize more than $150 million over five years to reduce poverty by 25% in the five poorest districts. Rwanda reduced its national poverty rate by 12.4 percentage...
Kenya plans to invest about $350 million over ten years to restore ecosystems and livelihoods in the Lake Victoria basin. The government allocated $100 million in the 2027/28 budget for the...
Togo initiated a revision of its aquaculture legal framework to align with production, investment, and biosafety needs. National production reached about 3,500 tonnes, up from roughly 120 tonnes in the...
IFAD approved $78.5 million to support Rwanda’s agricultural transformation and climate resilience. Agriculture employs about 64.5% of Rwanda’s population and contributes roughly 25% of...
DRC central bank to launch Bloomberg FXGO DRC platform Six-week beta underway before rollout within two months System aims to boost FX transparency, price discovery The Central Bank of...
Bank records $10 million loss from sale of Cameroon and Gambia units. Exit cuts $300 million in risk-weighted assets. Move aligns with strategy to focus on higher-return...
Zambia signs deal for 118 MWp solar plant in Southern Province. Project aims to diversify power mix and reduce hydropower risks. Solar expansion targets grid stability rather than emissions...
Mwanza–Isaka SGR segment reaches 68% completion. Project is final lot of phase one linking Dar es Salaam to Mwanza. Rail upgrade aims to cut travel time and strengthen regional trade...
Government aims to attract local and foreign investment into sugar industry. Annual demand stands at 700,000 tons, well above local output. Sugar imports nearly tripled between 2020 and...
AfDB and UNDP aim to mobilize up to $10 billion for AI development by 2035. Funds will target data infrastructure, computing capacity, start-ups and skills training. Initiative...
Free mobile roaming between Gabon and DRC expected to reduce costs for millions of travelers and businesses. Agreement supports regional trade, mobile financial services, and SME connectivity...
Central Bank reviewing core banking laws to clarify fintech and digital banking oversight Kenya remains one of Africa’s largest fintech investment destinations New legislation could...
Sasol commissioned a coal-sorting plant at its Secunda complex. The system improves coal quality and reduces emissions per unit of energy. Company reports positive cash flow despite asset...
New naira 75 billion ($55.4 million) private debt fund targets Nigeria’s agribusiness sector. First phase aims to raise naira 25 billion from institutional and qualified investors. Vehicle...
ECOWAS and Spain’s AECID signed two agreements under a 2025–2028 program. The €16 million ($19 million) package targets resilience and regional integration. Focus areas include...
Brazil suspends cocoa imports from Côte d’Ivoire Move cites phytosanitary concerns over mixed-origin beans Ivorian cocoa exports to Brazil hit $177 million in 2024 Brazil has suspended...
Nigeria cuts benchmark rate 50 basis points to 26.5% Inflation eases to 15.10% in January 2026 FX reserves rise to $50.45 billion, highest in 13 years The Central Bank of Nigeria, CBN, cut...
IFC launches $6 billion credit insurance facility Insurers share risk on loans to SME lenders Facility to support up to $10...
I.M.F. completes two reviews, unlocking about $2.3 billion for Egypt Inflation has fallen sharply, and currency pressures have eased The...
Fiscal deficit cut to 3.1% of GDP Debt revised to 60.5% of GDP end-2024 The International Monetary Fund said on Tuesday, Feb. 24, it had...
Liquid repays ZAR loan and $220 million facility Secures $410 million new credit, $195 million equity Plans $300 million bond...
IMF mission begins in Gabon to review finances Public debt reached 72.5% of GDP in 2024 Talks may lead to new IMF-supported programme An...
Mwanza–Isaka SGR segment reaches 68% completion. Project is final lot of phase one linking Dar es Salaam to Mwanza. Rail upgrade aims to cut...
Refinery has received about 800 vessels and expects around 600 annually at full capacity Strategy aims to shift up to 75% of local fuel...
New terminal and runway planned to add 15 million passengers by 2029 JKIA handled 8.8 million travelers in 2025, exceeding original design...
Djibouti seeks AfDB funding for delayed Biidley Airport Project aims for 1.5 million passengers annually Airport central to 2035 regional logistics...
Parliament approves €140 million (about $165 million) IsDB financing Funds to pave 53-km Mali–Gadalougué road and related...
Kenya to start Naivasha-Kisumu SGR extension in March 264-km line due for completion by June 2027 Project aims to link Kenya rail to Uganda...
Authorities have completed about 90% of rehabilitation works on the Dakar–Tambacounda railway line. The government aims to shift freight traffic from...
Kenya plans a new terminal and runway at JKIA to add 15 million passenger capacity by 2029. The airport handled 8.8 million travelers in 2025,...
Tanzania has deployed 16 modern self‑propelled boom sprayers across five core cotton‑producing districts. Farmers report significant reductions in...
Federal and Kaduna State governments to invest $29.5 million in ginger hub Facility aims to boost processing capacity and reduce post-harvest...
Traders resume cocoa purchases after removal of key price premiums CCC eliminates origin differential and $400 per ton living income...
Serbia aligns beef, lamb export rules with Tunisia Tunisia frozen beef imports doubled since 2020 Seven countries supplied Tunisian market in...
Six Congo Basin nations launch carbon market roadmaps Plans aim to align with Paris Agreement rules Forests stored 90.9 billion tons of carbon Six...
Togo initiated a revision of its aquaculture legal framework to align with production, investment, and biosafety needs. National production reached...
IFAD approved $78.5 million to support Rwanda’s agricultural transformation and climate resilience. Agriculture employs about 64.5% of...
Government aims to attract local and foreign investment into sugar industry. Annual demand stands at 700,000 tons, well above local...
Panoro to raise stake in offshore Block G to 54.625% $180 million deal with Kosmos adds 46 million barrels of 2P reserves Company targets...
Eramet halts Senegal mineral sands operations after fire damages extraction unit Force majeure declared; 900,000-ton production target put on...
Kenya sold 65% of KPC in a $825 million local-currency IPO The offer was oversubscribed, driven mainly by institutional investors Uganda...
Botswana Diamonds renames to Botswana Minerals Plc Company shifts focus toward copper exploration Diamonds account for nearly 80% of...
Himile to invest $100 million in Egypt factory Plant to create up to 2,000 jobs Facility to serve Middle East, Europe, Americas...
AfDB approves $58 million for Eritrea solar mini-grid 34 MW plant to benefit 306,000 people Project part of 10 GW Desert to Power...
EDF commissions 420 MW Koruson 1 wind cluster Power sold under 20-year PPA, supplies 193,000 homes Project includes substation linking up to...
Egypt minister meets Scatec after Obelisk phase launch First phase adds 561 MW solar, 100 MW storage 25-year PPA covers 1.95 GW solar...
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market is large but internet access remains...
The Democratic Republic of Congo and Gabon signed a memorandum of understanding on Feb. 19 to develop mobile roaming between their territories. The...
AfDB and UNDP aim to mobilize up to $10 billion for AI development by 2035. Funds will target data infrastructure, computing capacity,...
Free mobile roaming between Gabon and DRC expected to reduce costs for millions of travelers and businesses. Agreement supports regional trade,...
Cape Verde launches unified digital services portal GOV.CV Platform aims to boost efficiency, interoperability, transparency ITU ranks country 111th...
Tanzania, Botswana seek capacity on Angola’s AngoSat-2 satellite Kenya, DRC and Zambia also express interest Satellite seen key to narrowing Africa’s...
NEWSWIRE
Ghana Civil Aviation Authority launches SAF feasibility and implementation studies to align aviation with net‑zero goals. ICAO feasibility analysis...
Benin orders crackdown on overloaded, oversized trucks UEMOA rules cap weight at 51 tonnes ECOWAS road maintenance gap estimated...
ILO says full employment includes frictional unemployment OECD flags widespread informal, low-productivity jobs in Africa 350 million...
Saudi aid agency launches primary education project in Chad Initiative to support 23,000 students in eight provinces World Bank says 94% lack basic...
Airtel Africa Foundation launches $1 million tech fellowship Program supports 20 low-income STEM students in Uganda Initiative targets youth...
NEWSWIRE
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China’s Himile Plans $100 Million Tire Mold Factory in Egypt
18:18
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Moroccan Fintech WafR Turns Corner Stores Into Digital Finance Hubs
17:59
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EU Announces €63 Million to Support Somalia as Aid Funds Shrink
17:56
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Togo Revives Cultural Fund, Approves New Funding Round
16:40
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Togo approves draft bill to modernize cultural heritage protection
16:26
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Guinea Secures $165 Million to Advance Strategic Cross-Border Road
16:21
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Botswana and Zambia Launch Kazungula Bridge Authority to Boost Regional Trade
16:16
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Lomé Port to Facilitate Transit of 20,000 Metric Tons of Fertilizer to Niger
15:53
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Togo launches 18 bln CFA emergency plan for Savanes region
15:47
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European Investment Bank Eyes Bigger SME Footprint in Cameroon with Expanded Credit Lines
15:01
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...
West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...
Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...
Fort Jesus is a fortress located in Mombasa, on Kenya’s coastline, at the entrance to the natural harbor that long made the city a hub of trade in the...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...
