Morocco welcomed 16.6M tourists Jan-Oct 2025, up 14% year-on-year Annual arrivals may exceed 19M, surpassing 18M government target Tourism revenues projected to top $13.4B amid hotel upgrades, strong demand The steady growth of Morocco’s tourism sector in 2025 indicates that performance is likely to surpass government forecasts. The Kingdom welcomed 16.6 million visitors between...

Follows earlier $25M under Integrated Growth Project for airline recovery Reform plan includes governance overhaul aligned with OECD and ESG standards The World Bank has approved $40 million in financing to support the restructuring of Madagascar Airlines, the Malagasy flag carrier said in a statement issued on Saturday, November 8, 2025. “The World Bank, encouraged by the...

Egypt begins trials on first line of 2,000-km high-speed rail network Siemens-led project to connect ports, cities, and tourist hubs with 176 trains First line set to link Ain Sokhna to Alexandria via Cairo over 660 km Egyptian authorities announced over the weekend that technical trials have begun on the first line of the country’s national high-speed rail project. The system is...

Kibali gold mine Q3 output rises 21% to 191,000 ounces Boost driven by 133% increase in open-pit ore production Barrick maintains full-year target; Kibali aims to reclaim top Africa spot Kibali, the Democratic Republic of Congo’s largest gold mine, produced 191,000 ounces of gold in the third quarter of 2025. According to a financial report released by operator Barrick Gold on Monday,...

Zimbabwe’s wheat harvest hits record 639,942 tons, up 13% year-on-year Surplus of 280,000 tons expected, export talks underway with neighboring countries Gains driven by expanded acreage and investments in irrigation, mechanization Zimbabwe’s wheat harvest for the 2024/2025 season reached a record 639,942 tons, according to figures from the Agricultural and Rural Development Advisory...

U.S. adds uranium to critical minerals list, now totaling 60 substances Move reflects rising nuclear fuel demand and supply chain concerns U.S. pursuing uranium deals abroad, including Mauritania supply agreement The U.S. Geological Survey (USGS) on Thursday, November 6, 2025, released an updated list of minerals considered “critical” to the United States. The new list brings the...

Chad unveils  $30B "Chad Connection 2030" plan to cut poverty, boost growth Strategy includes 268 projects across infrastructure, social, and economic sectors Aims for 60% GDP growth, 80% internet coverage, and energy-water expansion by 2030 Chad unveiled its "Chad Connection 2030" development plan to international investors and financial institutions on November 10, 2025,...

Sonko rejects IMF-backed debt restructuring, calls it national humiliation IMF suspended $1.8B program amid $11B hidden debt, 132% debt-to-GDP ratio Senegal pushes fiscal sovereignty, faces investor scrutiny ahead of key auctions Senegalese Prime Minister Ousmane Sonko on Saturday rejected any proposal to restructure the country’s public debt. He said the measure, supported by...

May Daphné Ngallé-Miano named CEO of Chanas Assurances for 3 years Tasked with company recovery amid ongoing restructuring and competitive pressure Chanas now third in Cameroon’s non-life insurance, down from top spot Chanas Assurances S.A., a subsidiary of Cameroon’s national hydrocarbon corporation (SNH), has appointed May Daphné Ngallé-Miano as its new Chief Executive Officer...

FDI to Africa fell 42% to $28 billion in the first half of 2025 North Africa saw the steepest decline after a 2024 megaproject boost Global FDI dropped 3% amid high rates and geopolitical uncertainty Foreign direct investment (FDI) flows to Africa fell 42% year-on-year to $28 billion in the first half of 2025, according to a report released on October 31 by UN Trade and...