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• Togo’s GDP grew 17.7% in Q4 2024• Agriculture, construction, services drove sharp year-end rebound• Electricity, hospitality, and public sector saw major declines
The Togolese economy accelerated sharply at the end of 2024, with the national statistics institute (INSEED) reporting that gross domestic product (GDP) surged by 17.7% in the fourth quarter compared to the same...
• Gabon plans joint venture to expand fiber optic network• Project targets 1,800 km extension, cost-sharing, better coverage• Moov and Airtel partnership marks first step in rollout
Gabon is planning to create a joint venture to speed up the development of its fiber optic network. The initiative was the focus of a meeting on Thursday that included representatives from the Ministry of...
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africans. What started as a tool for sending and receiving cash by phone has turned into the backbone of everyday finance, with telecom operators layering on new services that make Africa the world’s mobile money hub. The continent now accounts for more than half of global subscribers and two-thirds of...
• Africa's gas output fell 17 bcm in 2024• Algeria led decline due to aging production fields• Delays, underinvestment threaten Africa’s export reliability
Africa's natural gas production declined in 2024, according to the Global Gas Report 2025 released on Wednesday by the International Gas Union in partnership with Rystad Energy.
The continent's gas output fell by 17 billion cubic...
• MSMEs spend $3.5B yearly on generator power in Nigeria• Generator costs consume up to 40% of business expenses
Nigeria's national power grid collapsed on Wednesday, the Nigerian Independent System Operator (NISO) reported, echoing the frequent outages that have plagued the country's electricity sector over the past year.
The recurring blackouts underscore the high cost of generator...
• USA Rice promotes American rice at Casablanca seminar with nine African nations.• Africa’s rice imports seen reaching 19.1 mln tons in 2025/26, up 23% in four years.• US exports about 100,000 tons a year, facing stiff competition from Asia.
The United States is looking to expand its footprint in Africa’s rice market. To this end, USA Rice, the umbrella organization representing the...
• Zambia and Zimbabwe sign two MoUs to deepen cooperation and strengthen dialogue.• Agreements cover private sector support and joint oil and gas pipeline project.• Trade between the two countries reached $460 mln in 2024, ITC data shows.
Zambia and Zimbabwe strengthened their cooperation on September 11, 2025, by signing two memorandums of understanding.
The first agreement...
• Morocco signs deal to develop a national platform for responsible AI.• Project to focus on LLMs tailored to Moroccan language, culture, and law.• Initiative part of Digital Morocco 2030 strategy to boost AI adoption.
Moroccan authorities are working on a national framework for responsible artificial intelligence. On September 11, the Ministry of Digital Transition and Administration...
• Kenya’s BasiGo unveils KL-9 electric bus with King Long, assembled locally by KVM.• Company targets 20 buses a month by 2026 and 1,000 in circulation by 2027.• Strong backing includes $42 mln Series A funding led by Africa50 in 2024.
Kenyan company BasiGo announced on September 11 the launch of the KL-9, an electric bus developed with Chinese manufacturer King Long and assembled...
• LNG exports from sub-Saharan Africa forecast to rise from 35.7 bcm in 2024 to 98 bcm in 2034.• Nigeria and Mozambique to drive growth, with Senegal and Mauritania entering market.• Congo, Gabon, Angola, and Equatorial Guinea to expand exports, Tanzania and Namibia face delays.
Liquefied natural gas (LNG) exports from sub-Saharan Africa are expected to surge from 35.7 billion cubic meters...