Uganda is launching a new car assembly plant worth $263 million, Isaac Paul Musasizi, the Managing Director of State-controlled Kiira Motors Corp,...
The Republic of Congo will benefit from $448.6 million granted by the International Monetary Fund IMF to fund its economic reforms. This was...
Niger and Burkina Faso signed on July 10 a cooperation agreement to manage their common borders, official sources revealed.
The two countries seek to set...
G5 Sahel is receiving an additional €138 million granted by the European Union to further operations, Federica Mogherini (photo), EU High...
The Carbon tax bill could cost $813 mln a year for South Africa’s Eskom from 2023. This already highly-indebted company is thus going to face...
Tunisia collected $684.2 million from tourism during the first half of this year, compared to $480.5 million the same period last year,...
The Zimbabwean government says it is ready to raise public servants’ salaries, the finance minister Mthuli Ncube (photo) reports.
The new measure is to...
The World Bank approved $100 million in favor of SMEs operating in Angola, Macauhub reported this week.
The support is split into two credit lines...
Ethiopia will run on a $13.4 billion budget for the FY2019/20 that began July 8. New budget was approved by parliament during an urgent meeting held...
Between January 1 and June 30, 2019, Tunisia’s current account deficit reached TND9.8 billion (about $3.3 billion), the national institute for...
Morocco exported less to other African countries in 2018 compared with the previous year, the country’s recent Foreign Trade Annual Report showed. In...
Nigerian tycoon Tony Elumelu (photo) announced he is partnering with the UN Development Program (UNPD), to empower 100,000 entrepreneurs in Africa over...
The African Continental Free Trade Area (AfCFTA) is going to be officially operational from July next year. This was announced last week at the African...
Turkish financial group Candy Group International is giving the Ivorian government XOF40 billion (about $68 million) to implement an...
Tunisia’s treasury is targeting $500 million through a Eurobond operation, Lotfi Ben Sassi, adviser to the Prime Minister Youssef Chahed,...
In the second quarter this year, Morocco’s economic growth slowed to 2.6% compared with 2.8% the first quarter. Figures were provided July 3 by the...
The World Food Program (WFP) announced this week it is tripling aid for displaced people in Ituri, DR Congo.
According to spokesperson Hervé Verhoosel,...
The World Bank announces a new disbursement of $100 million to accelerate digital transformation in rural areas in the Republic of Benin.
The...
One of the recommendations of the 55th ordinary session of the ECOWAS’ Heads of State and Government, held on Saturday 29 June in Abuja, Nigeria, is to...
The government of Ethiopia plans to generate about 3 million jobs during the 2019-20 financial year, PM Abiy Ahmed (photo) said while addressing the...
Investment in transport facilities on the continent should increase by about 46.4% next year, analysis firm Global Data revealed this week.
According to...
The Ivorian economy is forecasted to hit a 7.5% growth this year, roughly the same level as last year (7.4%), the International Monetary Fund said in its...
During the 3-day Economic and Trade Exhibition recently held in Changsha, China, as part of the China-Africa Partnership, a total of $20.8 billion...
U.S. firm Mercer just issued its 25th Cost of Living Survey that ranks the most expensive cities in the world. The survey ranked 209 cities, including 42...
U.S ride-hailing company Uber plans to launch boat taxi services in Lagos, Nigeria. Brooks Entwistle (photo), the company’s chief business officer (CBO),...
The Ethiopian government is expecting a 9.2% economic growth for the 2019-20 fiscal year that begins this month and ends in June next year, against 7.7%...
The World Bank approved $150 million to improve sanitation and access to clean water in Côte d'Ivoire, the bank announced last week.The new support...
For the 6th year in a row, China remained the biggest lender of Mozambique, data issued June 25 by the government showed.The aggregate loan to the country...
The Angolan government plans to privatize more than 190 public companies, 32 being national, via the securities market. Information was reported June 26...
The operation of the African Continental Free Trade Area (AfCFTA) could increase the gross domestic product of member countries by 1% to 3%, according to...
Morocco will open new terminals at Tanger port to increase the infrastructure’s container capacity, Rachid Houari, the port’s Manager, told Reuters this...
The International Monetary Fund IMF approved $47 mln in favor of Niger under an Extended Credit Facility signed with the country.According to the...
The Chinese government writes off $22 million of Zambian state debt and approves a $30 million donation for the country. This was announced on...
In only four years, the total amount of funds granted to Côte d'Ivoire by the World Bank rocketed by 400%. This was observed during the 7th review of the...
Côte d’Ivoire reached a deal with China to write-off a XOF20 billion (about $34.6 million) debt and, at the same time, received XOF18 billion...
Economic growth in Mozambique is forecasted to enter the double-digit lane as from 2023, the International Monetary Fund -IMF- reported June...
Live News
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Zambia: Stanbic Bank secures $15 mln IFC credit line to support Women-led SMEs
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Ghana Chamber of Telecoms reports 2,000 fiber cuts, 600 incidents of theft in H1 2019
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Cameroon’s H1, 2019 banana exports drop by 61% YoY because of CDC’s problems
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Togo : India injects $1M in biodiversity preservation project at the Fazao-Malfakassa national park
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Lomé will host West Africa’s first investment forum next October
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EIB injects $33.7 mln into SMEs in Angola
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Cameroon launches an investigation on the insurance contract between Activa and Sonara
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Cameroon: Oil price subsidies to exceed XAF140 bln in 2020 in the aftermath of Sonara’s future activity suspension
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Renal care provider Diaverum opens branch in Morocco
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Cameroon : Town councillors’ term extended till Feb 2020
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