New mining code increases state’s free stake in projects from 10% to 15% WAF confirms higher state participation in Sanbrado, Toega, and Kiaka mines Burkina Faso may boost paid stake to 45% under new legal provisions Burkina Faso’s share in gold mining projects operated by West African Resources (WAF) will rise to 15%, up from 10%, in line with the country’s revised mining...

Internet use in Africa is growing twice as fast as the global average Only 38% of Africans are online in 2024, far below the 68% global rate Sharp digital divides persist across gender, age, and geography Africa is seeing one of the fastest expansions of internet access in the world. But behind this rapid growth lies a patchwork of inequality that still leaves much of the...

Vodacom Tanzania Foundation to invest $1.3 million over three years Over 300,000 teachers to gain digital tools and connectivity KiuFunza program to expand to 865 schools, reaching 360,000 students The Vodacom Tanzania Foundation has announced a three-year investment of 3.25 billion Tanzanian shillings (about $1.3 million) to improve the national education system. The...

BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in early 2025 amid stable macroeconomic outlook Policy aims to support credit access and economic activity across WAEMU The Central Bank of West African States (BCEAO) has lowered its key interest rate from 3.50% to 3.25%, effective June 16, 2025. The move, announced by Governor Jean-Claude...

Côte d’Ivoire adds kola nuts to new agricultural commodity exchange in Abidjan Sector faces declining output, poor structure, and lower export earnings Market listing aims to improve pricing, financing, and global integration Côte d’Ivoire, the world’s second-largest kola nut producer and its leading exporter, is taking steps to revive a struggling sector by listing kola...

Angola to add 1,200 km of new railway lines under its transport reform plan Intelligent systems will improve safety and operational efficiency Project supports economic diversification beyond the oil sector As part of its economic diversification strategy, Angola plans to expand its railway network by at least 1,200 kilometers, according to a June 3 announcement by the Ministry of...

Government suspends small-scale mining to reduce accident risk during rains Artisanal mining produces 6 tons of gold yearly but is often unsafe Most output bypasses official channels, contributing no state revenue Mali will suspend artisanal gold mining activities from June 15 to September 30, 2025, according to a statement released June 3 by the Ministry of Mines. The measure...

Coffee output projected to reach 11.56 million bags or 694,000 tons Growth driven by rejuvenated plantations and high-yield varieties USDA sees yield and harvest area increasing in 2025/2026 cycle Ethiopia’s coffee production is forecast to reach 11.56 million bags, or 694,000 tons, in the 2025/2026 season, marking a 9% increase from 638,000 tons the previous cycle, according to...

 TRC to begin freight operations on Dar es-Salaam–Morogoro SGR line in July Rail service aims to ease road traffic and improve regional logistics Tanzania positions itself as a key East African transport hub The Tanzania Railways Corporation (TRC) will begin freight services on its standard gauge railway (SGR) network in July, marking a step toward integrated national and...

Wingu Africa raised $60 million from South Africa’s Rand Merchant Bank Funds will expand data infrastructure in Djibouti, Ethiopia, and Tanzania Project aims to improve connectivity and support East Africa’s digital growth Wingu Africa, a neutral data center operator in East Africa, has secured $60 million in funding from Rand Merchant Bank (RMB), a South African...