In 2025, the development of the Kamoa-Kakula copper complex, the largest in the Democratic Republic of the Congo (DRC), was marked by two major events: a...
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...
Middle East war raises risk premiums and oil volatility, testing Gulf capital as Africa’s financing alternative as markets price uncertainty. With...
Burkina Faso’s Mining Development Fund raised CFA85.72 billion ($152 million) in 2025. Authorities allocated 59% of the funds to the Patriotic...
Mechanism aims to attract private capital and reduce reliance on state guarantees Power transmission projects prioritized to boost energy...
President Hichilema says campaign counters negative investor perceptions Initiative follows debt restructuring, IMF-backed reforms, rising foreign...
East Africa processed 38,500 tons of cashews in 2025, up 5% Tanzania led growth, processing 20,000 tons, 52% regional share Processing capacity...
Nigeria approves 9.99 billion naira for HIV treatment, cancer care Funding ensures free antiretroviral drugs, boosts local pharmaceutical...
SADC moves to strengthen emergency telecom systems amid rising climate disasters Over 80% of member states aligning disaster frameworks with the...
In West Africa, onions are among the main agricultural products traded. Driven by strong demand, intra-regional trade has grown, connecting...
Dangote orders over 1,000 CNG trucks from China’s BAIC FOTON Fleet expansion supports logistics modernization and lower fuel costs Initiative aligns...
Global avocado demand rises; EU per-capita consumption doubled since 2016 European market could exceed 1.5 million tonnes by 2030 Asia seen as growth...
Nigeria to split OPL 245 into four blocks Move ends decades-long legal disputes over oilfield Development to proceed on 9 billion-barrel...
Middle East war raises risk premiums and oil volatility, testing Gulf capital as Africa’s financing alternative as markets price uncertainty. With China lending less and Eurobonds costly, Africa leans...
Mechanism aims to attract private capital and reduce reliance on state guarantees Power transmission projects prioritized to boost energy...
As streaming competition gradually intensifies in Africa, the sector is entering a new phase of restructuring. Canal+’s integration of MultiChoice signals...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Mission 300 electrification goal for 300 million...
Nigeria approves 9.99 billion naira for HIV treatment, cancer care Funding ensures free antiretroviral drugs, boosts local pharmaceutical...
In 2025, the development of the Kamoa-Kakula copper complex, the largest in the Democratic Republic of the Congo (DRC), was marked by two major events: a...
The U.S. is negotiating to resume intelligence operations in Mali. Washington recently lifted sanctions on Malian officials. Talks reflect a...
As streaming competition gradually intensifies in Africa, the sector is entering a new phase of restructuring. Canal+’s integration of MultiChoice signals...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Mission 300 electrification goal for 300 million...
The World Bank approved $200 million to finance the sixth phase of Ethiopia’s Productive Safety Net Program (PSNP 6). The program aims to support...
Gaza war and Red Sea attacks incurred forgone revenue of $9–10bn to the Suez Canal Gulf tensions now threaten wider shipping routes and global...
IsDB approved $136 million in financing for Mauritania. Funds will support a maternal hospital and a power interconnection with Mali. The projects target healthcare access and regional...
The U.S. is negotiating to resume intelligence operations in Mali. Washington recently lifted sanctions on Malian officials. Talks reflect a broader shift in U.S. policy toward Sahel...
Senegal received $710,000 in donated medical equipment. The equipment was provided by Al Attaa and Baitulmaal. Supplies will support surgery, pediatrics, and maternity care. Senegal’s...
Madagascar’s president dismissed the prime minister and dissolved the government. A new prime minister will be appointed under constitutional procedures. The move comes amid political...
Côte d’Ivoire has launched a drive to recruit 2,000 contract science teachers. The move aims to ease growing math and science teacher shortages. Authorities are using contract positions to...
Around 73% of land in sub-Saharan Africa is held under customary systems, far above the global average. Yet only 1% of these lands are formally recognized in national legal frameworks, according...
The cost of a smartphone equals 26% of monthly GDP per capita in Sub-Saharan Africa, compared with 16% in other low- and middle-income countries. Only 24% of the region’s population owns a...
Libya’s state operator signed an agreement with China’s ZTE to modernize telecom infrastructure and expand 4G and 5G networks. Libya had 6.5 million internet users in 2025, representing 88.5% of...
Burkina Faso’s Mining Development Fund raised CFA85.72 billion ($152 million) in 2025. Authorities allocated 59% of the funds to the Patriotic Support Fund and 41% to local development...
Climate change could reduce Somalia’s GDP by up to 13.5% by 2060, according to a World Bank report. Agriculture accounts for more than 70% of GDP and employs about 80% of the workforce, making...
Mozambique’s private sector discusses technical cooperation with Thai rice industry players to boost local production. Mozambique produces less than 260,000 tonnes of rice annually, forcing heavy...
Kenya’s foreign exchange reserves increased to $14.59 billion on March 5, up from $12.53 billion a week earlier. The reserves now cover about 6.2 months of imports of goods and...
Ghana plans to introduce a progressive gold royalty system that could raise the effective rate from 5% to about 12% at current prices. Authorities say the reform will increase government revenue...
Kenya to fund Nairobi airport expansion using pipeline company IPO proceeds Government allocates $155 million seed capital from National Infrastructure Fund JKIA expansion aims to ease...
Angola receives 596 investment proposals worth $21.8 billion in five years About 80% of proposals came from Chinese investors Reforms and privatizations aim to attract foreign investment and...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the Middle East. Higher crude prices could boost...
FCMB Group has raised capital to meet the Central Bank of Nigeria’s new requirements. The recapitalization combined a public share offer and a partial asset sale. The bank’s capital now stands at...
IFC plans a guarantee facility of up to $50 million for Nairobi-based reinsurer ZEP-RE. The mechanism aims to strengthen the company’s credit risk profile and expand its business across...
Côte d’Ivoire has signed an agreement with the National Investment Bank to support diaspora-led projects. The deal includes tailored banking products, financing, and financial education for Ivorians...
Mali is seeking to strengthen digital skills training as part of its digital transformation strategy. The issue was discussed between Mali’s ICT minister and the head of Smart Africa during MWC...
Ghana is exploring new solutions with Huawei to strengthen rural telecom coverage. The discussions focus on expanding the Rural Telephony Project launched in 2017. The government aims to connect 90%...
Libya has restarted gasoline production at the Al-Sarir refinery after nearly three years of shutdown. The facility can process about 10,000 barrels of crude per day. Authorities aim to expand...
John Dramani Mahama will conduct a working visit to South Korea from March 10–14 to deepen bilateral cooperation. Ghana and South Korea signed a $2 billion cooperation agreement in 2024 to fund...
Discussions address procurement delays, coordination and funding absorption challenges World Bank says Togo maintains strong project portfolio management record Togo and the World Bank held a...
Nearly 69% of biometric fraud targeting African fintechs now involves AI tools. Criminal networks are shifting attacks from account creation to account access. Experts warn rising fraud could threaten...
DRC plans $105.6 million universities in Kisangani and Mbandaka Contracts provisionally awarded to two construction consortiums Projects may face cement supply and logistics challenges The...
An IMF delegation completed a 10-day mission in Libreville to review Gabon’s economic situation. The institution welcomed recent reforms but urged continued fiscal and governance efforts. Gabon hopes...
Sub-Saharan Africa’s labor force grew by 15.4 million between 2024 and 2025. Employment rose by 14.6 million, leaving about one million people without stable work. Informal jobs still account for more...
Cameroon has approved a $195 million loan from China’s Exim Bank to extend its national fiber network. The financing will support phase four of the country’s fiber backbone expansion. Despite...
Tunisia plans a major expansion of Tunis-Carthage Airport to handle rising air traffic. The project aims to raise annual capacity from about 5 million to 18.5 million passengers by 2031. The...
Kavango Resources raised $8.4 million through share placements in London and Victoria Falls. The funds will support the Hillside gold project and the acquisition and exploration of Nara. The...
Niger has declined to extend Savannah Energy’s exploration permits in the Agadem basin. The decision concerns four oil blocks covering more than 13,000 km². The government cited unmet contractual...
KES 3.5 billion in medical claims processed since the new scheme began 249,000 teachers and dependents treated across the country 2,823 hospitals used under the new public health coverage...
BGFIBank Côte d’Ivoire increased its capital to CFA60 billion ($106 million). The move follows a similar capital increase at BGFIBank Cameroon. The bank reported strong growth in 2025, with profit up...
Senegal introduced a CFA50 ($0.08) per kilogram subsidy on locally produced rice purchases starting March 5. Authorities seek to boost the competitiveness of domestic rice against imports that...
Blencowe Resources confirmed a new graphite deposit at its Orom-Cross Graphite Project, expected to become Uganda’s first graphite mine. The new Iyan deposit hosts an inferred resource of 16.9...
Authorities in Guinea dissolved 40 political parties, including the main opposition groups Union of Democratic Forces of Guinea, Rally of the Guinean People – Arc-en-ciel, and Union of Republican...
Côte d’Ivoire and Azerbaijan held talks in Abidjan on potential joint projects in oil and gas. Azerbaijan’s state oil company SOCAR recently acquired a 10% stake in the offshore Baleine field...
Corporate demand for renewable electricity in South Africa continues to support new power generation capacity. Norwegian developer Scatec reached financial close and launched construction of the...
Senegal sent a delegation to Abidjan to study Côte d’Ivoire’s digital traffic management and road safety systems. Senegalese officials examined tools including automated traffic fines via the...
Ethiopian Airlines and Ethiopian authorities signed a memorandum of understanding to expand aviation training programs. The initiative aims to develop technical aviation skills and create career...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to-device technology enables connectivity in remote areas without towers African telecom operators...
South Africa launches African Digital Transformation Center in Pretoria Center supports tech innovation, startups and digital skills across Africa Initiative part of ITU network with seven...
Côte d’Ivoire, UNFPA sign $75 million cooperation programme for 2026-2030 Plan targets maternal health, family planning, gender-based violence, demographic data Maternal mortality...
Malawi central bank cuts benchmark rate 200 basis points to 24% Decision follows inflation decline, driven mainly by lower food prices Economy remains fragile amid drought, fuel shortages...
Mechanism aims to attract private capital and reduce reliance on state guarantees Power transmission projects prioritized to boost energy security and renewables The World Bank said on March...
Togo integrates Digital Marketing Intelligence platform with automated product marking system Inspectors trained to detect fraud, counterfeits using digital market surveillance tools Product...
DRC launches technical, financial audit of China-backed Sicomines program Review covers mining, infrastructure spending, debt since 2008 agreement Project accumulated nearly $9 billion debt...
Ghana considers raising gold royalties up to 12% amid price surge Mining firms and US, China, UK diplomats warn reform could hurt investment Government seeks higher mining revenues while negotiating...
Guinea council adopts laws guiding “Simandou 2040” development strategy Plan includes 122 projects, $200 billion investment over 15 years Mining-led growth expected, but poverty remains about...
Ghana inaugurates $40 million Olam Agri pasta plant near Tema Plant capacity 60,000 tonnes yearly, targeting domestic pasta demand Production aims to cut pasta imports by about 40% Ghanaian...
DRC agencies sign deal to monitor financial flows in infrastructure projects Partnership aims to improve transparency, traceability, prevent corruption and money laundering DRC seeks credibility as...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a lagoon and the Atlantic Ocean, this former port...
Middle East war raises risk premiums and oil volatility, testing Gulf capital as Africa’s financing alternative as markets price uncertainty. With China lending less and Eurobonds costly, Africa leans...
MINUSCA supports deployment of 356 Central African soldiers to Zemio Additional 110 troops deployed to Bambouti in Haut-Mbomou prefecture Move aims to restore stability amid persistent armed group...
As streaming competition gradually intensifies in Africa, the sector is entering a new phase of restructuring. Canal+’s integration of MultiChoice signals a period of consolidation and strategic...
President Hichilema says campaign counters negative investor perceptions Initiative follows debt restructuring, IMF-backed reforms, rising foreign investment Zambia launched a national rebranding...
Kenya’s Parliament approves a National Infrastructure Fund to mobilize about $39 billion over the next decade. The fund aims to attract both public and private capital for transport, energy,...
Togo lawmakers approve bill updating 2008 environmental framework law Reform introduces green economy, circular economy, and carbon tax Measure aims...
Kenya’s foreign exchange reserves increased to $14.59 billion on March 5, up from $12.53 billion a week earlier. The reserves now...
FCMB Group has raised capital to meet the Central Bank of Nigeria’s new requirements. The recapitalization combined a public share offer and a partial...
IFC plans a guarantee facility of up to $50 million for Nairobi-based reinsurer ZEP-RE. The mechanism aims to strengthen the company’s credit...
An IMF delegation completed a 10-day mission in Libreville to review Gabon’s economic situation. The institution welcomed recent reforms but urged...
Nigeria is considering creating a Grid Asset Management Company (GAMCO) to manage transmission infrastructure. The move targets a key bottleneck...
The European Union has approved €6 million to support the next phase of Senegal’s regional express train expansion. The funding will help...
Senegal opens maritime maintenance center at Port of Dakar EU-backed equipment strengthens maritime and river security operations Initiative targets...
Kenya signs deal with South Korea’s YOUNGJIN for Nairobi BRT Line 5 $59 million Korean loan finances 10.5 km line with 13 stations Project aims to...
DRC plans $105.6 million universities in Kisangani and Mbandaka Contracts provisionally awarded to two construction consortiums Projects may...
Senegal sent a delegation to Abidjan to study Côte d’Ivoire’s digital traffic management and road safety systems. Senegalese officials examined...
Cameroon prepares €198.8 million financing for Ebolowa–Akom II–Kribi road Works expected to start between March and April 2026 Project aims to...
DR Congo launches construction of 69-km Batshamba-Gungu-Kakobola road Project built by China’s CISC-SA under Sino-Congolese cooperation programme Road...
Ghana inaugurates $40 million Olam Agri pasta plant near Tema Plant capacity 60,000 tonnes yearly, targeting domestic pasta demand Production...
Around 73% of land in sub-Saharan Africa is held under customary systems, far above the global average. Yet only 1% of these lands are formally...
Mozambique’s private sector discusses technical cooperation with Thai rice industry players to boost local production. Mozambique produces less...
Senegal introduced a CFA50 ($0.08) per kilogram subsidy on locally produced rice purchases starting March 5. Authorities seek to boost the...
Germany funds €4m agriculture, soil health projects in northern Cameroon RESEAU and Soil Matters aim to boost climate resilience Projects promote...
Cameroon considers programme incubating 20 youth in plantain agribusiness Initiative links plantations to markets, financing, and banking...
Nestlé Nigeria reported a net profit of 104.9 billion naira ($75.4 million) in 2025, reversing a loss the previous year. Revenue rose 26%,...
Burkina Faso has launched a five-year development plan worth about $64 billion for 2026–2030. The program focuses on security, governance...
Kenya to fund Nairobi airport expansion using pipeline company IPO proceeds Government allocates $155 million seed capital from National...
Kavango Resources raised $8.4 million through share placements in London and Victoria Falls. The funds will support the Hillside gold project and...
Niger has declined to extend Savannah Energy’s exploration permits in the Agadem basin. The decision concerns four oil blocks covering more than 13,000...
Ghana considers raising gold royalties up to 12% amid price surge Mining firms and US, China, UK diplomats warn reform could hurt...
Ghana plans to introduce a progressive gold royalty system that could raise the effective rate from 5% to about 12% at current...
Blencowe Resources confirmed a new graphite deposit at its Orom-Cross Graphite Project, expected to become Uganda’s first graphite mine. The new...
Côte d’Ivoire and Azerbaijan held talks in Abidjan on potential joint projects in oil and gas. Azerbaijan’s state oil company SOCAR recently...
Corporate demand for renewable electricity in South Africa continues to support new power generation capacity. Norwegian developer Scatec reached...
Libya’s state operator signed an agreement with China’s ZTE to modernize telecom infrastructure and expand 4G and 5G networks. Libya had 6.5...
Mali is seeking to strengthen digital skills training as part of its digital transformation strategy. The issue was discussed between Mali’s ICT...
Ghana is exploring new solutions with Huawei to strengthen rural telecom coverage. The discussions focus on expanding the Rural Telephony Project...
Cameroon has approved a $195 million loan from China’s Exim Bank to extend its national fiber network. The financing will support phase four of...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to-device technology enables connectivity in remote...
South Africa launches African Digital Transformation Center in Pretoria Center supports tech innovation, startups and digital skills across...
NEWSWIRE
Sub-Saharan Africa’s labor force grew by 15.4 million between 2024 and 2025. Employment rose by 14.6 million, leaving about one million people without...
Côte d’Ivoire has launched a drive to recruit 2,000 contract science teachers. The move aims to ease growing math and science teacher...
KES 3.5 billion in medical claims processed since the new scheme began 249,000 teachers and dependents treated across the country 2,823 hospitals used...
Ethiopian Airlines and Ethiopian authorities signed a memorandum of understanding to expand aviation training programs. The initiative aims to...
Côte d’Ivoire, UNFPA sign $75 million cooperation programme for 2026-2030 Plan targets maternal health, family planning, gender-based...
NEWSWIRE
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Lake Chad Stabilisation Programme Expands Far North Economy, Puts 5,500 Farmers Back to Work
11:20
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Cameroon Signs XAF98 bln Rice Deal with Israeli Firm, Output Seen Rising 18%
10:48
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TEMS Africa ICT Exhibition and Conference to be held in Kenya in April
09:13
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Zambian startup Padue joins FasterCapital’s EquityPilot to launch on-demand services app
09:09
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South Africa’s Orca raises $2.35mln to strengthen mobile payment fraud detection
09:00
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Dangote Cement Sales Fall in Cameroon After Election Turmoil, With Rebound Expected in 2026
19:48
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Niger’s iFutur Launches iPay Money to Aggregate Digital Payments for Merchants
17:46
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Cameroon Tightens Land Rules, Requiring Chiefs’ Approval for Large land plots
15:26
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Togo, World Bank assess performance of 18 active projects
14:55
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Turkey-Togo Relations Take Center Stage at Lomé Diplomatic Club's First 2026 Session
14:48
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Rwanda’s capital immediately impresses visitors with its striking cleanliness and orderly layout, qualities that frequently set it apart from other cities...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...
