• Namibia is Africa’s best performer on gender equality, ranked 8th globally• Cape Verde and South Africa follow in the top three on the continent• Global...
• Ethiopia forecasts 8.9% growth in 2025/2026, up from 8.4% in 2024/2025• Government unveils record $14.16 billion budget, up 31% from prior year•...
• Ethiopia forecasts 8.9% growth in 2025/2026, up from 8.4% in 2024/2025• Government unveils record $14.16 billion budget, up 31% from prior year•...
• Diamond sales drop 50%, pushing Botswana into fiscal and employment strain• Debswana to cut 1,000 jobs as government and De Beers launch talent...
• Diamond sales drop 50%, pushing Botswana into fiscal and employment strain• Debswana to cut 1,000 jobs as government and De Beers launch talent...
• CBK reduces prime rate to 9.75% following easing inflation and stable exchange rates• May 2025 inflation falls to 3.8%, below the 5% midpoint target•...
• CBK reduces prime rate to 9.75% following easing inflation and stable exchange rates• May 2025 inflation falls to 3.8%, below the 5% midpoint target•...
• Direct tariff impacts on African exports to the U.S. are expected to stay limited• Key risk lies in falling demand from China, which could lower global...
• Direct tariff impacts on African exports to the U.S. are expected to stay limited• Key risk lies in falling demand from China, which could lower global...
• World Bank approves $350 million loan to upgrade rail transport in Greater Casablanca• Project will modernize 73 km of rail lines, benefiting over...
• World Bank approves $350 million loan to upgrade rail transport in Greater Casablanca• Project will modernize 73 km of rail lines, benefiting over...
Nigeria’s Parliament is deciding whether to approve a foreign loan plan worth about $24.14 billion. President Bola Tinubu proposed the plan in late...
Nigeria’s Parliament is deciding whether to approve a foreign loan plan worth about $24.14 billion. President Bola Tinubu proposed the plan in late...
• World Bank lowers growth forecast to 3.7% for 2025 and 4.2% for 2026–27• Downgrade reflects rising trade barriers and weakening global conditions• Risks...
• World Bank lowers growth forecast to 3.7% for 2025 and 4.2% for 2026–27• Downgrade reflects rising trade barriers and weakening global conditions• Risks...
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...
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...
Rwanda's 2025/2026 budget rises 21% to $4.8B, approved on June 9
Funds target new airport, RwandAir expansion, and key development...
Rwanda's 2025/2026 budget rises 21% to $4.8B, approved on June 9
Funds target new airport, RwandAir expansion, and key development...
World Bank approves $1.5B loan to support reforms and infrastructure in South Africa
Funds to help add 3,500 MW of renewable capacity, 200 km...
World Bank approves $1.5B loan to support reforms and infrastructure in South Africa
Funds to help add 3,500 MW of renewable capacity, 200 km...
$500 million project to set up vaccine and pharma centers with Chinese tech
Aims to cut imports, boost jobs, and make Kenya a health...
$500 million project to set up vaccine and pharma centers with Chinese tech
Aims to cut imports, boost jobs, and make Kenya a health...
• COI’s second phase aims to raise €3 billion by 2030 for plastic waste reduction• New focus includes packaging innovation and stronger recycling...
• COI’s second phase aims to raise €3 billion by 2030 for plastic waste reduction• New focus includes packaging innovation and stronger recycling...
• IMF to disburse $194 million to Zambia under the Extended Credit Facility• Despite drought, real GDP growth in 2024 is estimated at 4%, up from...
• IMF to disburse $194 million to Zambia under the Extended Credit Facility• Despite drought, real GDP growth in 2024 is estimated at 4%, up from...
• WAEMU’s inflation dropped from 2.2% in March to 1.5% in April 2025• BCEAO attributes the decline to falling food, housing, and transport prices• Mali...
• WAEMU’s inflation dropped from 2.2% in March to 1.5% in April 2025• BCEAO attributes the decline to falling food, housing, and transport prices• Mali...
• Presidents Embaló and Anwar sign cooperation deal in agriculture, trade, education• Move aims to strengthen diplomatic and economic partnership•...
• Presidents Embaló and Anwar sign cooperation deal in agriculture, trade, education• Move aims to strengthen diplomatic and economic partnership•...
• IMF disburses $58 million under Extended Credit Facility in June 2025• Funds support fiscal reforms, digitization, and public service spending•...
• IMF disburses $58 million under Extended Credit Facility in June 2025• Funds support fiscal reforms, digitization, and public service spending•...
Just six African countries account for 50% of the continent’s external debt in 2025
Public debt burdens remain high, with over 60% of African...
Just six African countries account for 50% of the continent’s external debt in 2025
Public debt burdens remain high, with over 60% of African...
• Presidents Kagame and Tebboune sign broad cooperation deals during state visit• Agreements span air services, education, telecoms, justice, and...
• Presidents Kagame and Tebboune sign broad cooperation deals during state visit• Agreements span air services, education, telecoms, justice, and...
Countries agree to deepen cooperation in mining, energy, and infrastructure
New technical committee to accelerate joint development...
Countries agree to deepen cooperation in mining, energy, and infrastructure
New technical committee to accelerate joint development...
• Angola has begun constructing a €100 million drug plant to produce injectables and tablets.• The facility, led by Thera, will produce up to 35...
• Angola has begun constructing a €100 million drug plant to produce injectables and tablets.• The facility, led by Thera, will produce up to 35...
• Qatar and Rwanda discussed stronger ties amid Doha’s economic expansion in Africa.• Qatar Airways holds 60% of RwandAir and is a key funder of Bugesera...
• Qatar and Rwanda discussed stronger ties amid Doha’s economic expansion in Africa.• Qatar Airways holds 60% of RwandAir and is a key funder of Bugesera...
African countries' public debt service forecasted to average 137.4% of their annual climate financing needs by 2030, says a report by the Institute for...
African countries' public debt service forecasted to average 137.4% of their annual climate financing needs by 2030, says a report by the Institute for...
- Bill Gates commits to allocate major part of his $200 billion wealth to support Africa's development initiatives - The funding focus will be on...
- Bill Gates commits to allocate major part of his $200 billion wealth to support Africa's development initiatives - The funding focus will be on...
• Kamil Idris dissolves cabinet, keeps ministry secretaries in charge of operations• Announces plan to disband militias, support businesses, and restore...
• Kamil Idris dissolves cabinet, keeps ministry secretaries in charge of operations• Announces plan to disband militias, support businesses, and restore...
The African Development Bank Group has unveiled its first edition of Integrate Africa Magazine (I.A.M.) during a colourful ceremony at the Sofitel Hotel,...
The African Development Bank Group has unveiled its first edition of Integrate Africa Magazine (I.A.M.) during a colourful ceremony at the Sofitel Hotel,...
President John Mahama unveils nationwide industrialization campaign to boost economic growth
Plan supports the "24-Hour Economy Policy" through...
President John Mahama unveils nationwide industrialization campaign to boost economic growth
Plan supports the "24-Hour Economy Policy" through...
• Uganda to secure €500M from Afreximbank, Ecobank, and DBSA for infrastructure• Rising domestic costs and limited concessional funding drive...
• Uganda to secure €500M from Afreximbank, Ecobank, and DBSA for infrastructure• Rising domestic costs and limited concessional funding drive...
• Benin forms agency to develop maritime and lagoon infrastructure• New company to manage shipyard, dredging, and coastal protection• Initiative supports...
• Benin forms agency to develop maritime and lagoon infrastructure• New company to manage shipyard, dredging, and coastal protection• Initiative supports...
• Kagame and Tokaïev signed agreements in diplomacy, ICT, finance, and more• This is Kagame’s second official visit to Kazakhstan since 2016• Talks...
• Kagame and Tokaïev signed agreements in diplomacy, ICT, finance, and more• This is Kagame’s second official visit to Kazakhstan since 2016• Talks...
• Climate-driven displacements in Africa rose 30% to 7.8 million in 2024• East and Central Africa were the most affected sub-regions• Flooding caused over...
• Climate-driven displacements in Africa rose 30% to 7.8 million in 2024• East and Central Africa were the most affected sub-regions• Flooding caused over...
As international development aid faces growing pressure, the African Development Bank (AfDB) is entering a new era. Yesterday, May 29, Sidi Ould Tah of...
As international development aid faces growing pressure, the African Development Bank (AfDB) is entering a new era. Yesterday, May 29, Sidi Ould Tah of...
• Africa loses over $587 billion annually to capital flight, driven by corruption and illicit flows• External capital inflows totaled...
• Africa loses over $587 billion annually to capital flight, driven by corruption and illicit flows• External capital inflows totaled...
With the right policies, Africa has the potential to mobilize an additional $1.43 trillion in domestic resources from both tax and non-tax revenue...
With the right policies, Africa has the potential to mobilize an additional $1.43 trillion in domestic resources from both tax and non-tax revenue...
Algeria and Mauritania’s business council seeks a preferential agreement to strengthen bilateral trade
The council advocates for barter mechanisms...
Algeria and Mauritania’s business council seeks a preferential agreement to strengthen bilateral trade
The council advocates for barter mechanisms...
ADF aligns with Islamic State and spreads recruitment across East Africa
The group now operates beyond Congo, using bombings, raids, and...
ADF aligns with Islamic State and spreads recruitment across East Africa
The group now operates beyond Congo, using bombings, raids, and...
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BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in...
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