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Page : 156 - Results of 1551 to 1560 from 16910 Results

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05/06/2025
Coffee output projected to reach 11.56 million bags or 694,000 tons Growth driven by rejuvenated plantations and high-yield varieties USDA sees yield and harvest area increasing in 2025/2026 cycle Ethiopia’s coffee production is forecast to reach 11.56 million bags, or 694,000 tons, in the 2025/2026 season, marking a 9% increase from 638,000 tons the previous cycle, according to...
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05/06/2025
 TRC to begin freight operations on Dar es-Salaam–Morogoro SGR line in July Rail service aims to ease road traffic and improve regional logistics Tanzania positions itself as a key East African transport hub The Tanzania Railways Corporation (TRC) will begin freight services on its standard gauge railway (SGR) network in July, marking a step toward integrated national and...
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05/06/2025
Wingu Africa raised $60 million from South Africa’s Rand Merchant Bank Funds will expand data infrastructure in Djibouti, Ethiopia, and Tanzania Project aims to improve connectivity and support East Africa’s digital growth Wingu Africa, a neutral data center operator in East Africa, has secured $60 million in funding from Rand Merchant Bank (RMB), a South African...
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05/06/2025
Just six African countries account for 50% of the continent’s external debt in 2025 Public debt burdens remain high, with over 60% of African nations above the 50% debt-to-GDP threshold Afreximbank urges tighter fiscal policies and stronger domestic resource mobilization In a report released on May 28, the African Export-Import Bank (Afreximbank) revealed that just six African...
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04/06/2025
• Fitch downgrades Afreximbank’s rating from BBB to BBB- with a negative outlook• Concerns include loan quality transparency and exposure to high-risk countries• Downgrade may raise borrowing costs and affect investor confidence Fitch Ratings has expressed concerns over a lack of transparency and heavy dependence on countries in difficulty, calling on the bank to revisit its strategy to...
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04/06/2025
• IRH to acquire majority stake in Alphamin, owner of Bisie tin mine in DRC• Deal adds 20,000-ton annual tin capacity to IRH’s mining portfolio• Alphamin cuts 2025 forecast to 17,500 tons due to regional security risks UAE-based International Resources Holding (IRH) announced on June 3 a definitive agreement to acquire a 56% stake in Alphamin Resources, the owner of the Bisie tin mine in...
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04/06/2025
• National program targets 70,000 beneficiaries and 13.5% renewable energy share• Backed by Swiss SECO, AfDB, CIF, and Ghanaian government funding• Nearly 2,000 jobs expected, with 30% reserved for women and youth In a bid to electrify remote regions, a rising number of African nations are turning to decentralized solar solutions. In this context, a new national program has been rolled out...
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04/06/2025
• CMA CGM discusses multi-billion euro investments with Algeria’s president• French shipping group plans to transform Oran into a regional logistics hub• Initiative aligns with broader strategy to expand African port operations Algeria occupies a central position in the African strategy of French shipping company CMA CGM. Already present in several ports across the continent, the group...
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04/06/2025
• Presidents Kagame and Tebboune sign broad cooperation deals during state visit• Agreements span air services, education, telecoms, justice, and investment• Rwanda to open embassy in Algeria; leaders affirm shared foreign policy stances During his official visit to Algeria, Rwandan President Paul Kagame and his Algerian counterpart, Abdelmadjid Tebboune, signed several cooperation...
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04/06/2025
• Government sets goal of full telecoms access by 2030, backed by $8 million fund• Priority regions include Karas, Kavango West, Omaheke, and Kunene• Around 12% of population still lacks 4G access; digital barriers remain The Namibian authorities have identified digital transformation as a priority to support socio-economic development. However, part of the population currently lacks...
 

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