The payment covers obligations to major lenders including AfDB, AFD, and IMF. The move helps restore credibility after recent arrears to the World Bank. Gabon’s public debt stood at CFA7.18 trillion as of March 2025. Gabon announced on November 3 that it has paid more than CFA28.3 billion (about $50 million) toward its external debt, according to the national daily L’Union. The...

Uru Metals secures 30-year mining right for Zeb Nickel Project in South Africa Company plans updated resource estimate and targeted drilling strategy Grant comes amid global nickel surplus and falling market prices Uru Metals, a junior miner listed on the London Stock Exchange’s Alternative Investment Market (AIM), announced on Tuesday, November 4, that it has been granted a mining...

The three countries have rolled out the ECOWAS electronic transit management platform. SIGMAT enables real-time data exchange to streamline cross-border trade. The system supports ECOWAS goals for regional integration and the AfCFTA agenda. Guinea, Liberia, and Côte d’Ivoire have jointly implemented the Interconnected Goods Transit Management System (SIGMAT), an ECOWAS-developed...

The move aims to ease pressure on forex reserves and stabilize the naira. Foreign carriers fear cash flow strains if revenue repatriation delays persist. Local travel agencies expect fairer competition and stronger domestic demand. Nigeria’s government is considering a ban on the sale of airline tickets in foreign currencies by international carriers, according to local media reports...

Republic of Congo raises $670M through Eurobond issue after 20-year absence Proceeds to refinance short-term debt; 2032 bond priced at 9.875% Debt ratio falling as reforms, transparency boost investor confidence The Republic of Congo has raised $670 million on international financial markets, marking its return to the global bond scene after nearly twenty years of...

Wingu Africa and Africa Data Centres entered strategic partnership connecting East African markets with ADC's network across seven additional markets. Partnership links Djibouti, Ethiopia, and Tanzania with operations across South, West, and Central Africa. Africa's data center market valued at $3.49 billion in 2024, projected to reach $6.81 billion by 2030 at 11.79%...

GSMA, the global association of mobile network operators, unveils projections for Uganda’s digital growth. Uganda could create 1.79 million jobs and connect 4 million new users through targeted reforms. The ICT sector already contributes 9% to GDP and expands by nearly 15% each year. The GSM Association (GSMA), a global organization representing more than 750 mobile network...

Fiber optic submarine cables now constitute strategic infrastructure for the global internet, transporting 99% of all traffic. An incident affecting these critical information highways causes significant disruptions across various sectors. Ensuring their optimal functionality is thus not merely an economic concern, but a strategic necessity. French telecoms group Orange is expanding its subsea...

Artifact tied to 2011 unrest, spotted at Dutch art fair in 2022 Egypt has recovered over 30,000 artifacts abroad since 2014 Dutch Prime Minister Dick Schoof told President Abdel Fattah al-Sissi on Sunday that the Netherlands will return a 3,500-year-old Egyptian sculpture. The move is part of efforts to recover artifacts stolen during the 2011 Arab Spring. The limestone statue,...

$19.5M to boost rural reproductive health; $12.3M for food programs Aid targets cholera-hit system, drought-driven hunger affecting 5.7M people Malawi and Norway have signed a grant agreement valued at 318 million Norwegian kroner ($31.8 million). The aid, announced by the Malawian government on Monday, November 3, 2025, is specifically targeted at reinforcing the country's health and...