In June 2021, Senegal launched works to improve roads, and therefore open up the Dandé Mayo region, in the northeast. In its bid, the country is supported by international partners.    The Saudi Fund for Development (SFD) will loan Senegal US$47 million for the rehabilitation of the Orofondé-Nguidjilone road. The related loan agreement was signed at the Senegalese Ministry of Economy...

Malawi has long been willing to introduce a third telecommunications operator into the national market to end the Airtel-TNM duopoly. However, its multiple attempts have failed so far.   The Malawi Communications Regulatory Authority (MACRA) recently announced the awarding of the country's third telecom license to Malcel Plc. The new operator plans to enter the national telecom market...

The deal comes three years after media group Choueiri entered ArabyAds' capital. It will support the marketing agency's expansion in the MENA region and improve its service offerings.  Egyptian adtech company ArabyAds announced, Monday (August 22), that it has secured US$39 million in pre-series A funding from AfricInvest. The funding was provided via the Maghreb Private Equity Fund IV...

Bolloré Logistics announces that it joined the Shippers’ Coalition for Low Carbon Maritime Transport last July. This association represents shippers whose goal is to encourage the industrial use of alternative propulsion solutions, such as wind-assisted propulsion. Through this membership, Bolloré Logistics is providing its support to solutions that use wind-assisted propulsion, which...

The U.S. support will enable Africa Data Centres to expand its footprint in other African countries and effectively meet high demand in the growing data center market.   Africa Data Centres (ADC), the Cassava Technologies Group's data center construction and operations subsidiary, has received an US$83 million disbursement from the U.S. Department of Commerce's International...

With such commitment, KfW joins a pool of international financial institutions that pledged commitment to the Partech Africa II fund. Its investment aims to support Africa's technology ecosystem, which grew significantly in 2021, attracting a US$5.2 billion investment.  German development bank KfW announced up to €45 million (US$44.7 million) commitment in the Partech Africa II fund...

The G5 Sahel was created in 2014 to restore order and security in the Sahel region. However, its results are hardly convincing. Faced with the realities, member states are now seeking alternative solutions to effectively combat extremism, which has gained ground since.   Burkina Faso and Niger are mulling over the possibility of joint operations in their respective territories to...

On 18 August 2022, Côte d’Ivoire Terminal received six STS gantries and seven RTG gantries, signalling a decisive step in the planned construction of the second terminal container at the port of Abidjan. This handling equipment is from China and will be used to start the operational testing stage before the planned commissioning on 1st November 2022. These cutting-edge machines use the...

The coronavirus pandemic prompted a rise in demand for broadband connection in almost every part of the world. The partnership between Telecom Egypt and Orange Jordan is aimed at meeting those growing demands in the MENA region.  Telecom Egypt recently announced a partnership agreement with Orange Jordan to build a highly reliable terrestrial system called "Cairo Amman Baghdad (CAB)...

Trade between Japan and African countries rose by 74% year-on-year in 2021. The feat was achieved thanks notably to border re-openings after Covid-19. With the eighth Tokyo International Conference on African Development just days away, Japan and Africa seek ways to build on this momentum. In 2021, Africa recorded a US$4.2 billion trade surplus in its dealings with Japan. This is the conclusion...