Gabon is strategically located in Central Africa, making it a potential digital gateway for West and Central Africa. With the Medusa cable, the country can serve as a connectivity hub for landlocked nations, improving regional internet distribution. ACE Gabon and Medusa Africa have officially signed a Construction and Maintenance Agreement (C&MA) to land the Medusa submarine cable in...

The World Happiness Report covers 147 countries worldwide, including 40 in Africa. Mauritius has reclaimed its position as the happiest country on the continent, while Sierra Leone ranks as the least happy. Mauritius has been named the happiest country in Africa for 2025, reclaiming the top spot it held in past years. The ranking comes from the World Happiness Report 2025, released on March 20...

Armed drones are now active in nearly 20 African countries. They're reshaping how wars are fought—bringing a new level of reach and precision—but also leaving a trail of deadly mistakes that have hit civilians the hardest. Nearly 1,000 civilians have been killed in drone strikes carried out by African militaries between November 2021 and November 2024, according to a report released on March...

The decline in inflation, mainly driven by falling energy and food prices on the global market, is expected to give a fresh push to easing monetary policies and stimulate economic growth across the continent. Inflation in Africa is expected to slow down in the coming years, dropping from an average of 16.1% in 2024 to 12.6% in 2025 and 9.9% in 2026, according to a March 17 report by the United...

Blencowe Resources is developing the Orom-Cross project, Uganda’s first graphite mine. Graphite is a key material for electric vehicle batteries, and Africa’s reserves are drawing interest from companies like Tesla. On March 19, 2025, Blencowe announced a non-binding memorandum of understanding with Apollo Energy Systems. Apollo, a Florida-based company specializing in lead-acid battery...

As Ethiopia seeks to enhance its industrial gold production, various initiatives are aligned with this ambition. Among them is the Tulu Kapi project, which aims to start production by 2026 with an annual output of 140,000 ounces. KEFI Gold and Copper is moving closer to securing the $240 million needed to develop the Tulu Kapi gold mine, in Ethiopia. The company announced on March 18 that...

Ivorian Minister of Digital Transition Kalil Konaté met with a delegation from the French Development Agency (AFD) on March 17 to discuss future collaboration on the country’s growing digital landscape. The meeting, led by Haye Adrien, AFD’s director in Abidjan, focused on key projects aimed at shaping the nation's digital future. Main points include the development of digital...

The Democratic Republic of Congo has imposed quotas on cobalt production and stockpiles accumulated during the four-month export suspension initiated in February 2025. Prime Minister Judith Suminwa Tuluka announced this decision on March 14 during a Council of Ministers meeting. As noted by Bankable.africa, the quotas will affect cobalt exports and local processing. The government did not...

The Ivorian government continues to maintain investor confidence. Just days ago, it completed a bond exchange worth $746.7 million on the WAEMU market. Côte d’Ivoire has raised CFA147.7 billion (about $244 million) from the regional financial market, reaffirming strong investor interest despite rising borrowing costs. During the March 18 auction, yields on three-year bonds climbed...

In recent years, the Ivorian government has introduced several measures to protect household purchasing power and curb the rising cost of living. According to the National Statistics Agency, per capita gross disposable income reached CFA1.03 million in 2022. Household purchasing power in Côte d’Ivoire grew by 22.2% between 2015 and 2022, according to the National Statistics Agency (Anstat)....