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...
Mauritius is the most peaceful country in Africa for the 18th year in a row Sub-Saharan Africa remains the region with the most conflicts...
Highlights: Moody's confirms confidence in Bank of Africa's Moroccan operations but raises concerns over asset quality in Sub-Saharan Africa BOA's...
DRC and Rwanda to sign U.S.-backed peace deal on June 27 Pact covers disarmament, refugees, and economic ties Tensions driven by rebels,...
Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Africa, Nigeria, and Namibia also ranked. Rankings mix...
Highlights: Asante aims to raise $470 million through loans and equity for expansion Targeting 500,000 ounces of gold output by 2028 from...
Mali begins building gold refinery with Russia’s Yadran; key project details remain undisclosed. Refinery capacity exceeds Mali’s output; neighbors...
Algeria allows foreign firms up to 80% in mining projects to cut hydrocarbon reliance. State firms retain 20% minimum stake with 30-year permits...
$40 million solar project to power 209 schools and hospitals in Eastern Zambia Initiative part of President Hichilema’s clean energy strategy for...
IMF forecasts Namibia's GDP growth at 3.75% in both 2025 and 2026. Recovery supported by improved weather, boosting agriculture and...
• Africa No Filter study links negative perceptions to weak consumer interest abroad• Over 40% of Africa-related associations in US and UK were seen as...
• J.P. Morgan voices confidence in Afreximbank's bonds, despite the bank's exposure to sovereign debt and potential for further rating downgrades•...
Mauritius is the most peaceful country in Africa for the 18th year in a row Sub-Saharan Africa remains the region with the most conflicts globally Global peace has dropped to its lowest level...
DRC and Rwanda to sign U.S.-backed peace deal on June 27 Pact covers disarmament, refugees, and economic ties Tensions driven by rebels,...
President William Ruto signs law strengthening financial crime enforcement Reform addresses FATF gray listing and enhances oversight in real estate...
Wilmar to buy out PZ Cussons’ 50% stake in PZ Wilmar for $70 million Acquisition includes 26,500 hectares of plantations and a 1,000-ton/day...
Mali begins building gold refinery with Russia’s Yadran; key project details remain undisclosed. Refinery capacity exceeds Mali’s output; neighbors...
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...
Laurent Gbagbo’s PPA-CI and Tidjane Thiam’s PDCI have joined forces to challenge what they call a rigged Ivorian presidential election process. Both...
President William Ruto signs law strengthening financial crime enforcement Reform addresses FATF gray listing and enhances oversight in real estate...
Wilmar to buy out PZ Cussons’ 50% stake in PZ Wilmar for $70 million Acquisition includes 26,500 hectares of plantations and a 1,000-ton/day...
85% of West Africa’s $10B food trade is informal, per OECD. Staples like cereals and tubers dominate informal trade, missing from official...
• Access Holdings finalises deal to take over Standard Chartered Bank Gambia• Standard Chartered ends its 130-year presence in the Gambian banking market•...
Foreign firms secured $1.4 billion in mining contracts vs. $452 million for locals Local suppliers face challenges meeting strict...
Key Highlights • Somalia inaugurates its first stock exchange, the National Securities Exchange of Somalia (NSES), in Mogadishu. • NSES will start...
Key Highlights: • Master Plastics receives undisclosed funding from Nedbank and Investec to expand sustainable packaging production. • Metier Capital...
Key Highlights: • Ghana requires approximately $6 billion in funding to implement comprehensive flood prevention and control measures.• Flooding...
• Egypt to build 1.1 GW solar plant with 200 MWh battery storage in Nagaa Hammadi• $479.1 million in international funding led by BII, AfDB, and...
• Senegal launches $526 million bond amid stalled IMF program talks• Fixed rates offered: 6.60% (5 yrs), 6.75% (7 yrs), 6.95% (10 yrs)• Funds to...
• Angola and Namibia to connect Lubango to Santa Clara via 275 km railway• Project to be developed under a public-private partnership model• Initiative...
• Kenya eyes Chinese bond market to finance 475 km railway extension• SGR expansion to Uganda delayed due to lack of funding• Project aims to cut...
(AfDB)-Egypt's first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability, and manage peak...
African Development Bank to support Ghana’s large-scale infrastructure drive Plan seeks to mobilize pension fund assets and boost regional...
Kenya accelerates airport infrastructure to expand freight capacity and exports Major projects underway at JKIA, Moi, and Eldoret to support trade...
Highlights: IDA grants $100 million concessional loan for urban mobility reform in Senegal Project to integrate BRT, TER, and formalized bus...
(AfDB)-The Board of Directors of the African Development Bank Group has approved a €19.6 million financing package to support the Cabeólica Phase II...
East Africa accounted for 71% of global off-grid solar kit sales in 2024 West and Central Africa saw steep declines due to inflation and currency...
From July 14, 2025, palm oil importers in Ghana must register and obtain permits The move aims to stabilize the domestic market and protect local...
Key Highlights: • Olam Agri to onboard 5,000 small-scale farmers in Kwara State under a new soybean supply initiative. • Partnership with IDH and...
Key Highlights: • Kenya allocates $27 million to renovate 19 tea factories as part of sector reforms.• Producers can now sell tea directly on...
Rwanda targets $335.4 million in private capital to strengthen climate resilience in agriculture The plan aims to support 170,200 farmers and...
Highlights: • World Bank urges Niger to boost irrigation as climate shocks threaten food security. • Just 2% of farmland is irrigated, yet it produces a...
• USDA forecasts 8% increase in paddy rice output, reaching 2.96 million tons• Cultivated area projected to expand 8% to 850,000 hectares• Improved...
• Government to invest $30.9 million yearly to boost sugar sector• Funds sourced from a 4% Sugar Development Levy on local output and imports•...
• FAO forecasts 10.4 million tons of sugar production across Africa• Egypt, Kenya, and Morocco to drive nearly 90% of the increase• Growth defies global...
Key Highlights: • Sri Lankan textile group, Star Garments, inaugurates its first factory in Africa with an anticipated 4,520 jobs by 2030.•...
Key Highlights: Nigeria plans to establish a real-time tracking system for all exported crude oil consignments to curb the losses Nigerian authorities...
Silver prices surged past $37 per ounce this week, continuing an upward trend that pushed the metal to its highest point since 2012. While gold has...
Key Highlights Niger’s government has seized full control of SOMAÏR, its only active uranium mine, stripping Orano of its 63.4% stake. Officials...
Key Highlights• Ivory Coast ends TSDAR, a petroleum tax introduced in 2018 to reduce SIR’s debt.• Government to redirect two-thirds of revenue to...
Syrah restarts Balama graphite mine in Mozambique. Gradual output; exports may resume in Q3 2025. Force majeure continues amid low global...
TotalEnergies, Eni, Sinopec win Algeria oil, gas blocks. Aim is to boost gas output to 200 bcm/year. Contracts to be signed July 30. Oil...
Highlights: • Ghana lost $11.4 billion to gold smuggling from artisanal mining between 2019 and 2023, Swissaid reports. • Smugglers reroute...
African agriculture still faces barriers to food self-sufficiency. As mechanization drove the Industrial Revolution, digital technology now offers...
Highlights : EU and EIB provide CFA27 billion to fund Congo’s Digital Acceleration Project (PATN) Investment targets education, health...
• FDSUT calls for increased funding to expand digital connectivity projects• 1,550 localities to be connected to 4G by 2028, reaching 2.6 million people•...
• Kurudy Inc presents investment platform to Burkina Faso's digital transition minister• Platform targets strategic sectors: agriculture, real estate,...
This partnership directly targets one of Africa’s most persistent development challenges: the lack of reliable and affordable internet access,...
• Côte d’Ivoire signs MoU with Raxio to support national data sovereignty strategy• CIV1 data center to launch in September 2024, at a cost of CFA36...
NEWSWIRE
TAAG signs Boeing deal for fleet and tech upgrades. Includes training, digital tools, and local maintenance. Aims to boost Angola's aviation...
• Algeria to launch 40 new digital specialties in vocational training from next academic year• Plan aligns with national goal to train 500,000 ICT...
Burkina Faso to expand vocational education to support industrial growth Plan targets skilled labor shortages and youth unemployment Strategy...
Government seeks to revise unemployment metrics to reflect informal labor Official jobless rate at 32.9% may drop to 10% if informal work is...
Youth unemployment in South Africa hits 62.4% in Q1 2025 Vice President Mashatile calls for mass entrepreneurship as urgent...
NEWSWIRE
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Niger Nationalizes Somaïr’s Uranium Mine Amid Fallout with France’s Orano
21:05
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DR Congo to Launch SISAG Platform to Monitor Government Projects in Real Time
20:55
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Cameroon to Build $200 Million Strategic Fuel Depot in Kribi
20:54
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Comoros Launches E-Learning and EdTech Platforms to Modernize Schools
20:46
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IMF Praises Togo’s Economic Gains Amid Fragile Sub-Saharan Recovery
20:24
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Togo: IFAD Reviews the ProMIFA Project
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Cameroon Moves to Curb Reinsurance Outflows with New Local Cession Law
20:04
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Somalia Launches Its First Stock Exchange in Mogadishu
19:22
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Olam Agri Expands Soybean Program in Nigeria with 5,000 Farmers to Feed New Oil Plant
19:15
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Ivory Coast Drops Tax on Petroleum Refining
19:03
• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...
Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July Trafigura,...
(AfDB)-Egypt's first integrated solar and battery storage plant will deliver dispatchable clean ener...
Lion Group to explore and exploit gold, copper, and manganese in Algeria Malaysian firm plans...
Kakum National Park is a protected area located in Ghana’s Central Region, near the city of Cape Coast. Established as a forest reserve in 1931 and...
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...
