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News (1067)
Thursday 21 August, 2025
Written by Ecofin Agency
TAAG will open a Luanda–Nairobi route with three weekly flights. The airline aims to triple passenger traffic to 3 million…
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Thursday 21 August, 2025
Written by Ecofin Agency
• Most luxury tourism profits in Africa flow to foreign investors, bypassing local economies.• Africa's luxury travel market grows fast,…
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Thursday 21 August, 2025
Written by Ecofin Agency
• AIIB grants Morocco $200M loan for climate resilience• Funds target water, environment, and climate-exposed sectors• Morocco faces rising extreme weather,…
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Wednesday 20 August, 2025
Written by Ecofin Agency
• Kenya loses about $1.5 billion each year to corruption, according to the African Development Bank (AfDB).• President William Ruto approved…
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Wednesday 20 August, 2025
Written by Ecofin Agency
• President Ruto projected 5.6% growth for 2025, higher than the Finance Ministry’s 5.3% and Central Bank’s 5.2% forecasts.• Kenya’s…
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Wednesday 20 August, 2025
Written by Ecofin Agency
• MTN processed 11.1B MoMo transactions worth $212.2 in H1 2025, a 45.4% rise in value, with 63.2M active wallets.• The fintech…
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Wednesday 20 August, 2025
Written by Ecofin Agency
• Lindian approves Kangankunde rare earths mine investment in Malawi• Raises A$91.5M, secures $20M loan, Iluka signs offtake deal• Targets 15,300…
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Wednesday 20 August, 2025
Written by Ecofin Agency
• Tokyo to commit $1.5 billion in impact investments at TICAD-9 in Yokohama.• Funds to target emissions reduction and sustainable development…
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Wednesday 20 August, 2025
Written by Ecofin Agency
Africa is accelerating its digital transformation thanks to the rapid growth of the internet. Governments are investing, startups are multiplying,…
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Tuesday 19 August, 2025
Written by Ecofin Agency
• Egypt approves launch of first fully digital bank, Onebank• Aims to boost financial inclusion for unbanked population• Operations to…
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Tuesday 19 August, 2025
Written by Ecofin Agency
• 5G seen as key to handling Africa’s data surge• 5G promises high-speed data, but rural access still lags• Cost,…
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Monday 18 August, 2025
Written by Ecofin Agency
Cameroon authorized $1.039B in external borrowing from international private lenders to fund projects and clear arrears. The financing is part of…
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Monday 18 August, 2025
Written by Ecofin Agency
• Inflation slowed for the third straight month, dropping from 23.71% in April to 21.88% in July.• Food inflation fell…
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Monday 18 August, 2025
Written by Ecofin Agency
• Africa’s private equity market is shifting as exits increasingly involve sales between funds rather than IPOs or strategic buyers.•…
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