• 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...
Despite some positive surprises, Sub-Saharan Africa faces less vigorous growth forecasts, with necessary reforms in a global environment marked by...
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...
• 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...
• The Trump administration has decided to close the Millennium Challenge Corporation, one of the main U.S. tools for development aid.• All ongoing...
• New rule cuts tariffs on 5,516 non-sensitive products over 10 years• Côte d’Ivoire aims to boost trade within Africa and grow its economy• Move comes as...
• New rule cuts tariffs on 5,516 non-sensitive products over 10 years• Côte d’Ivoire aims to boost trade within Africa and grow its economy• Move comes as...
• 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...
• 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...
• Niger saw the highest growth rate in WAEMU in 2024, reaching 8.8%, compared to 2.4% in 2023.• The country's industrial production and oil sector saw a...
• Niger saw the highest growth rate in WAEMU in 2024, reaching 8.8%, compared to 2.4% in 2023.• The country's industrial production and oil sector saw a...
• 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...
• 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...
Chinese imports from Africa dropped 9.4% in Q1 2025, totaling $26.69 billion.
The decline is attributed to fears over the impact of new...
Chinese imports from Africa dropped 9.4% in Q1 2025, totaling $26.69 billion.
The decline is attributed to fears over the impact of new...
IMF lowers 2025 growth forecast for Sub-Saharan Africa from 4.2% to 3.8%
Trade tensions and tariff hikes by the United States are dragging down the...
IMF lowers 2025 growth forecast for Sub-Saharan Africa from 4.2% to 3.8%
Trade tensions and tariff hikes by the United States are dragging down the...
Algeria and Saudi Arabia signed five agreements on April 20 to strengthen economic cooperation.
The deals cover tourism, trade, industry, and...
Algeria and Saudi Arabia signed five agreements on April 20 to strengthen economic cooperation.
The deals cover tourism, trade, industry, and...
Seychelles leads Africa in low financial crime risk, followed by Botswana and Mauritius, according to a new global index.
No African country made...
Seychelles leads Africa in low financial crime risk, followed by Botswana and Mauritius, according to a new global index.
No African country made...
Benin has approved a new five-year plan focused on urban development, transportation, and environmental sustainability.
The plan will require...
Benin has approved a new five-year plan focused on urban development, transportation, and environmental sustainability.
The plan will require...
• Morocco to buy up to 600 FIM-92K Stinger missiles from U.S. defense firms• Deal includes engineering, logistics, and technical support services•...
• Morocco to buy up to 600 FIM-92K Stinger missiles from U.S. defense firms• Deal includes engineering, logistics, and technical support services•...
• The IMF has approved $129 million for Mali under its Rapid Credit Facility.• The money will help cover urgent balance of payments needs following...
• The IMF has approved $129 million for Mali under its Rapid Credit Facility.• The money will help cover urgent balance of payments needs following...
• WTO now expects global goods trade to shrink by 0.2% in 2025, reversing its earlier forecast of 2.7% growth.• Tariff tensions, especially between the...
• WTO now expects global goods trade to shrink by 0.2% in 2025, reversing its earlier forecast of 2.7% growth.• Tariff tensions, especially between the...
Nigeria’s inflation rate climbed to 24.23% in March 2025 from 23.18% in February
This marks the first monthly rise in the inflation rate since...
Nigeria’s inflation rate climbed to 24.23% in March 2025 from 23.18% in February
This marks the first monthly rise in the inflation rate since...
• U.S. and African nations plan to hold talks on AGOA's future by July 2025.• New U.S. tariffs could undermine Africa's duty-free access to American...
• U.S. and African nations plan to hold talks on AGOA's future by July 2025.• New U.S. tariffs could undermine Africa's duty-free access to American...
• Intra-African trade in Central Africa could grow by 12% a year by 2028, faster than any other region• Trade in the region may rise from $19.4...
• Intra-African trade in Central Africa could grow by 12% a year by 2028, faster than any other region• Trade in the region may rise from $19.4...
Egypt and Qatar commit to a $7.5 billion investment partnership.
The agreement was made during Egyptian President Abdel Fattah al-Sissi’s visit...
Egypt and Qatar commit to a $7.5 billion investment partnership.
The agreement was made during Egyptian President Abdel Fattah al-Sissi’s visit...
• The U.S.-China trade war threatens Africa’s economy, disrupting supply chains and affecting commodity exports.• The African Continental Free Trade Area...
• The U.S.-China trade war threatens Africa’s economy, disrupting supply chains and affecting commodity exports.• The African Continental Free Trade Area...
• The study finds that nearly half of Africans believe their own governments should take the lead in addressing climate change.• Fewer place the blame on...
• The study finds that nearly half of Africans believe their own governments should take the lead in addressing climate change.• Fewer place the blame on...
• General Brice Oligui Nguema has won Gabon’s presidential election, securing 90.35% of the vote, according to provisional results released by the...
• General Brice Oligui Nguema has won Gabon’s presidential election, securing 90.35% of the vote, according to provisional results released by the...
• Benin is moving to digitize public procurement to simplify processes and increase transparency.• New regulations have been introduced to strengthen...
• Benin is moving to digitize public procurement to simplify processes and increase transparency.• New regulations have been introduced to strengthen...
A new piece of legislation, known as the "CEMAC Act," is drawing attention to the management of foreign reserves in Central Africa’s six CFA...
A new piece of legislation, known as the "CEMAC Act," is drawing attention to the management of foreign reserves in Central Africa’s six CFA...
• Mali's inflation rose to 8.3% in February 2025, the highest rate in the West African Economic and Monetary Union (WAEMU).
• Rising food, housing,...
• Mali's inflation rose to 8.3% in February 2025, the highest rate in the West African Economic and Monetary Union (WAEMU).
• Rising food, housing,...
• President Mnangagwa wants to suspend tariffs on American imports
• Move comes as U.S. rolls out new duties affecting over 180 countries
•...
• President Mnangagwa wants to suspend tariffs on American imports
• Move comes as U.S. rolls out new duties affecting over 180 countries
•...
• South Africa plans to shift industries towards higher-value production to limit U.S. tariff effects• The U.S. will impose tariffs up to 50% on imports...
• South Africa plans to shift industries towards higher-value production to limit U.S. tariff effects• The U.S. will impose tariffs up to 50% on imports...
• New U.S. tariffs of up to 50% hit imports from 185 countries, including 51 in Africa• Key African exports like oil, minerals, and textiles could be...
• New U.S. tariffs of up to 50% hit imports from 185 countries, including 51 in Africa• Key African exports like oil, minerals, and textiles could be...
• Burkina Faso saw fewer attacks in 2024, but they were far deadlier, killing more than 1,500 people.
• Nearly half of the attacks were carried...
• Burkina Faso saw fewer attacks in 2024, but they were far deadlier, killing more than 1,500 people.
• Nearly half of the attacks were carried...
(Ecofin Agency)
- Côte d’Ivoire has introduced a partial customs tax exemption of 7% to 15% on animal feed imports to ease production...
(Ecofin Agency)
- Côte d’Ivoire has introduced a partial customs tax exemption of 7% to 15% on animal feed imports to ease production...
- The International Monetary Fund (IMF) has approved a $4.5 billion Flexible Credit Line (FCL) for Morocco to strengthen its foreign exchange...
- The International Monetary Fund (IMF) has approved a $4.5 billion Flexible Credit Line (FCL) for Morocco to strengthen its foreign exchange...
Burkina Faso and Turkey are discussing new projects to strengthen their partnership.
Trade between the two countries fell to $102.4 million in...
Burkina Faso and Turkey are discussing new projects to strengthen their partnership.
Trade between the two countries fell to $102.4 million in...
Gabon and Chad contributed the most to the foreign exchange reserves of the Central African Economic and Monetary Community (CEMAC) in 2024. Data from the...
Gabon and Chad contributed the most to the foreign exchange reserves of the Central African Economic and Monetary Community (CEMAC) in 2024. Data from the...
(Ecofin Agency)
Benin’s economy grew by 7.5% in 2024, up from 6.4% in 2023, according to the National Institute of Statistics and...
(Ecofin Agency)
Benin’s economy grew by 7.5% in 2024, up from 6.4% in 2023, according to the National Institute of Statistics and...
5,000 children from the south of Madagascar will benefit from vital treatment for severe and acute malnutrition.
The AXIAN Foundation and UNICEF...
5,000 children from the south of Madagascar will benefit from vital treatment for severe and acute malnutrition.
The AXIAN Foundation and UNICEF...
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