• Tanzania and China signed two aid agreements totaling $69.3 million on May 17, 2025.• $41.6 million is allocated to expand the Jakaya...
The 2025–2026 Government Action Plan includes the recruitment of 24,000 military and security personnel. Mali allocated $1.11 billion to...
Burkina Faso and Senegal reaffirm commitment to deepen cooperation in security, trade, energy, and integration. Bilateral trade reached...
The African Development Bank has approved a $304 million loan to Botswana to support the southern African country in managing mounting fiscal...
Former President Mohamed Ould Abdel Aziz receives 15-year prison sentence after appeal Found guilty of illicit enrichment, influence peddling,...
WMO report says North Africa recorded the highest temperature anomaly in 2024 Rising temperatures, drought, and extreme weather impact food,...
Agreement signed on May 14, 2025, to prevent income double taxation Deal aims to attract Czech investment in Tanzanian manufacturing Trade...
Recently appointed to lead the International Finance Corporation’s (IFC) operations in Africa, Ethiopis Tafara visited Lomé as part of “Africa Leads,” a...
BRVM and Africa50 signed a deal to create new infrastructure financing tools The plan includes issuing infrastructure bonds and attracting...
• Unemployment among South Africans aged 15–24 rose to 62.4% in Q1 2025• Total youth jobless rate (15–34) reached 46.1%, up 9.2 points in 10 years•...
• Tidjane Thiam re-elected as head of Côte d’Ivoire’s PDCI party with 99.77% of the vote• He dismissed recent criticism and pledged to focus on leading...
• Ethiopia has signed $1.7 billion in investment deals, mainly in mining and solar panel production.• Most commitments come from Chinese companies,...
An IMF delegation will visit Gabon in mid-June 2025 to assess economic progress. Gabon hopes the visit will lead to a new financing agreement after a...
• Egypt, Africa’s top pharmaceutical producer and consumer, aims to raise exports by 39% to $466.5 million by 2029.• The forecast follows a 65.6%...
Morocco and Burundi signed 10 cooperation agreements across key sectors. Both countries adopted a 2025–2027 roadmap to deepen bilateral...
Nigeria’s GDP grew 3.4% in 2024, the strongest since 2014, excluding COVID rebound years. Oil, gas, and services led the growth, while...
Algeria summoned France’s chargé d’affaires over the irregular posting of 15 agents. The diplomatic dispute follows expulsions, visa blocks, and rising...
Tidjane Thiam says legal pressure forced him to quit as PDCI-RDA president He was taken off the voter list and can no longer run in the 2025...
54% of Togolese favor leaving ECOWAS for the Sahel States Alliance (AES), according to a recent survey. Support is higher among men, urban...
India pledged digital infrastructure support to Angola, including cooperation in e-governance, space, and healthcare $200M defense credit line...
Tanzania will now require all local transactions to be priced and paid in Tanzanian shillings. Foreign currency contracts face tighter...
U.S. plans to slash 2026 foreign aid by $49.1 billion, targeting global health, education, agriculture $555 million cut to African...
• Burkina Faso’s public debt rose by 15.6% in 2024• Domestic debt made up nearly 60% of the total, with foreign debt rising 9.6% year-on-year.• The...
• Mali’s 2024 defense spending reached $1.11 billion, with 98.49% of the budget executed• Most of the funds went to personnel, military equipment,...
• Ethiopia launches five-year national project to identify and map all groundwater resources• The country aims to build a reliable database to support...
• Africa’s military spending grew 3% in 2024 to reach $52.1 billion, driven mainly by North Africa• Algeria and Morocco alone accounted for 90% of...
Togo and Burkina Faso agree to end roaming charges for incoming calls starting May 30 Several bilateral and tripartite deals already cut mobile...
• Sub-Saharan African countries are set to pay about $20 billion in interest on public external debt in 2025.• Interest payments will account for...
Despite some positive surprises, Sub-Saharan Africa faces less vigorous growth forecasts, with necessary reforms in a global environment marked by...
• Italy increases support to IDA by 25% to help drive sustainable growth in Africa.• The agreement will fast-track Italy’s Mattei Plan, focusing on...
• The Trump administration has decided to close the Millennium Challenge Corporation, one of the main U.S. tools for development aid.• All ongoing...
• Tunisia and Japan agreed to finalize a new investment deal during a meeting in Tunis on April 21.• The two countries reviewed the progress of current...
• WAEMU's economy is projected to grow by 6.5% in Q2 2025, driven by agriculture and a stable services sector.• Despite the overall growth, the...
• The court in Abidjan has ordered the removal of opposition leader Tidjane Thiam from Côte d’Ivoire’s voter list.• The decision questions his eligibility...

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