Africa Global Logistics (AGL) announces the signing by its subsidiary Congo Terminal of a financing agreement of 150,880,000,000 CFA francs (equivalent to 230,000,000 euros) for the extension of the Container Terminal of the Autonomous Port of Pointe Noire (PAPN). This achievement was made possible thanks to a bank round led by Crédit du Congo and Attijariwafa Bank as arrangers, and composed...

Competition is nothing new on Benin's internet market, but the potential arrival of another player signals an aggressive rivalry that will benefit consumers and contribute to the growth of digital services in the country. Canal Box, the internet service offering from Vivendi, known for its aggressive pricing in other African markets, is set to launch in Benin. Although there’s been no official...

When Bola Tinubu came to power in 2023, he promised to strengthen transparency and intensify the fight against embezzlement, but the challenges remain significant in a country considered one of the most exposed to corruption in the world, where cash and the informal sector still dominate. Nigeria’s Economic and Financial Crimes Commission (EFCC) recovered nearly $500 million in stolen...

While the arms race between Algeria and Morocco appears to be slowing down, leading to a 44% drop in overall arms imports across the continent, worsening security conditions in West Africa have driven a sharp increase in major weapons purchases by countries in the region. Russia and China were Africa’s top arms suppliers between 2020 and 2024, accounting for 39% of the continent’s total arms...

These investments will be spread across 13 African countries, including Benin, Cameroon, Congo, Côte d’Ivoire, Eswatini, Ghana, Liberia, Nigeria, Rwanda, South Africa, South Sudan, Uganda, and Zambia. South African MTN Group announced plans to expand its footprint on the continent with a $10 billion investment by 2030. The International Telecommunication Union (ITU), which relayed the...

With AI and coding becoming essential drivers of innovation and economic growth, this collaboration between MTN and the Ghanaian government is a significant step toward technological advancement. MTN Group has signed an agreement with the Ghanaian government to support the country’s One Million Coders Program, an initiative aimed at equipping young Ghanaians with artificial intelligence,...

In recent years, Benin has been investing heavily in developing its road network. To tackle mobility challenges, such as traffic congestion, the authorities are looking to implement a digital and tech-driven management system. Benin is planning to use technology to improve the management of its road traffic. This information comes from Ranti Akindès, the Director General of the Road...

Once hailed in the early 2000s as the ideal solution to Africa's internet access challenges, fiber optic networks have struggled to expand steadily. However, after significant advancements in satellite technology over the past 30 years, satellite connectivity is now experiencing a resurgence of interest. As Sub-Saharan Africa accelerates its digital transformation to boost development, satellite...

By investing in 5G SA and cloud-native infrastructure, Econet and Ericsson are future-proofing Zimbabwe’s telecom industry, fostering economic growth, digital inclusion, and global competitiveness. Econet Wireless Zimbabwe and Ericsson have signed an agreement at the Mobile World Congress 2025 in Barcelona to introduce 5G Standalone (SA) capabilities, expand core network capacity, and...

Nigeria exported 20.486 trillion Naira ($13.5 billion) worth of goods in Q3 2024, mostly oil, gas, and premium cocoa beans. Nigeria's trade balance recorded a surplus of 3.423 trillion Naira (about $2.25 billion) in Q4 2024, according to the latest report from the National Bureau of Statistics (NBS) published on March 7. Nigeria's total merchandise trade stood at ₦36,604.83...