• Qatar’s Baladna plans dairy farm in Nigeria’s Ogun State, exploring land and feasibility with local officials.• Project aligns with Nigeria’s goal to double dairy output to 1.4M tons by 2030.• Nigeria’s $6.6B dairy market offers Baladna a key entry point in Africa. Qatari agribusiness group Baladna plans to establish a dairy operation in Nigeria’s Ogun State. Aidan Thomas...

• Gabon disputes CCC rating, cites reforms and April election.• Fitch flags high debt and deficits, despite recent relief steps.• IMF deal eyed for 2026, growth seen slowing to 2.2%. The Gabonese government responded on Tuesday, June 24, 2025, to Fitch Ratings' decision to maintain the country's sovereign credit rating at "CCC," a level indicating high credit risk. Authorities acknowledged...

• Nigeria to provide 1.5 trillion naira ($968 million) to recapitalize the Bank of Agriculture• Goal is to improve farmers’ access to credit and boost food production• 2025 agriculture budget increased by 123% to tackle food insecurity Nigeria will inject 1.5 trillion naira, about $968 million, into the Bank of Agriculture (BoA) as part of a major recapitalization plan aimed at...

• Ethiopia seeks $5B for UN development plan by 2030.• $6.5B deal signed, $1.5B already secured for SDGs and resilience.• Challenges persist despite 8.1% growth and UN support. Ethiopia aims to mobilize $5 billion to finance its new development cooperation framework with the United Nations by 2030. This funding is part of the 2025-2030 UN Sustainable Development...

• Mauritania launches e-commerce plan with GIZ to boost digital trade.• Connectivity lags due to high costs and weak rural coverage.• Cash, poor logistics, and social media sales limit growth. Mauritania is embarking on a new phase of its digital transformation by developing a national e-commerce strategy. The Ministry of Digital Transformation launched the initiative with technical...

(AfDB)-African leaders have called on Monday for an urgent review of U.S. tariffs on African exports, urging a shift towards transformative partnerships and investment in Africa’s economic potential. Addressing more than 2,000 government and business leaders, and other delegates at the U.S.-Africa business summit in the capital Luanda, Angolan President João Lourenço said: “It is time to...

China-Africa trade rose 12.4 % to $134.16 billion between January and May 2025 China’s exports to Africa climbed 20.2 %, African exports rose 1.6 % Beijing plans more tariff cuts to ease trade imbalance with the continent Trade between China and Africa reached $134.16 billion in the first five months of 2025, up 12.4 % compared to the same period...

Africa now produces 223,000 tons of honey, 12 % of global output Startups use connected tools to boost yields and improve product traceability Digital tech helps access new markets but adoption still faces key barriers Beekeeping is still considered a minor sector in many African countries, but its economic, social, and environmental impact is rising fast. In 2023, Africa...

Over 1,000 participants meet in Cotonou to address Africa’s rising cyber risks Forum calls for stronger resilience as digital threats hurt African economies Benin hosts the event, seen as a leader in digital transformation and cybersecurity The fifth edition of the Cyber Africa Forum (CAF) opened Today, June 24, in Benin. This year’s event is being held under the theme,...

Full AfCFTA rollout could raise Africa’s FDI by 120 % from global sources Reforms, stable rules, and regional cooperation seen as key to unlocking this potential Africa still lags in FDI, with flows concentrated in a few large economies Africa’s full implementation of the African Continental Free Trade Area (AfCFTA) could raise foreign direct investment (FDI) on the...