• The third Africa-Spain summit aims to strengthen trade relationships, with bilateral trade totaling approximately $35 billion in the first half of 2024. • Spain endeavors to boost its presence in Africa across key sectors including construction, renewable energy, water desalination, and pharmaceuticals. The third Africa-Spain summit kicked off on Sunday, July 6, 2025, in Madrid....

• World cereal production estimated to hit 2.925 billion tons in 2025/2026, marking a 2.3% increase from the previous cycle, according to the Food and Agriculture Organization (FAO) • Corn, rice, and wheat, key contributors to global dietary intake, will drive the growth Cereal crops are among the world's highest-yielding agricultural products. Two decades after surpassing the 2 billion...

• IMF identifies three strategic priorities to help Nigeria realize its potential as a significant economic power • Recommendations focus on achieving robust growth, implementing an efficient fiscal framework, and bolstering domestic revenues Africa's most populous economy faces a challenging context, where intended reform to improve the economic environment has brought short-term...

• Ethiopia, East Africa’s top soybean exporter, is able to export soybean meal to China since July 3, 2025. • China's new regulation serves to diversify soy supply sources; Ethiopia shipped 29,408 tons of soybeans to China in 2024, earning nearly $18 million from the sales.  Ethiopia, the principal soybean exporter in East Africa, has been seeking new outlets globally. Since...

• Botswana picked 31 startups from 1,300 applicants for intensive training.• Youth unemployment is at 45.5%, driving urgency for diversification.• The government aims to reduce reliance on diamonds by building an entrepreneurial ecosystem. Botswana is taking bold steps to diversify its economy by empowering local entrepreneurs. The government sees innovation and startups as key to creating...

• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0.6% in May, bolstered by a decline in food costs. • The Central Bank of West African States (BCEAO) cut its main interest rate by 25 basis points to 3.25% to maintain macroeconomic stability amid notable external uncertainties. Annual inflation in the West African Economic and Monetary Union...

The announced reforms are pivotal in expanding affordable connectivity, building a future-ready digital workforce, and establishing Ghana as a frontrunner in Africa’s telecom and digital economy landscape. Ghana’s Minister for Communication, Digital Technology and Innovations, Samuel Nartey George, has outlined reforms and key milestones in the country’s digital transformation agenda. This...

When fully operational, SEA-ME-WE-6 is expected to significantly improve internet connectivity and resilience across participating regions, enhance data traffic efficiency, and meet surging demand for high-speed international bandwidth. Telecom Egypt, together with global subsea data system supplier SubCom, announced, on July 2, the successful completion of the Southeast Asia-Middle East-Western...

Kenya plans to replace 20,000 transformers as part of a 4.3 billion KSh ($33 million) investment. The project aims to reduce outages and improve grid reliability, especially in rural areas. Kenya’s electricity tariffs remain higher than neighboring countries, impacting affordability. Kenya faces a challenge: about 25% of its population, mostly in rural areas, still lacks...

President Mahama introduces free tuition fees for all first-year students in public universities. Ghana’s university enrollment rates remain low due to high tuition costs and recent fee hikes. Universities struggle with funding, impacting infrastructure, research, and program growth. Ghana’s President John Mahama launched the “No Fees Stress” policy to make higher education...