This partnership directly targets one of Africa’s most persistent development challenges: the lack of reliable and affordable internet access, particularly in rural and underserved areas. Tarana, the company behind next-generation fixed wireless access (ngFWA) technology, announced on June 17 a new partnership with Microsoft to accelerate internet access in rural and underserved communities...

• Norfund committed $163.9 million to Africa’s renewable energy in 2024• Funded 2,065 MW of new green capacity, reaching 750,000 households• Africa made up 68.2% of Norfund’s energy portfolio by end of 2024 Norfund reaffirmed its strong focus on Africa’s renewable energy sector. In its 2024 Annual Report, published on June 17, the company revealed a strategic commitment to...

$40 million solar project to power 209 schools and hospitals in Eastern Zambia Initiative part of President Hichilema’s clean energy strategy for underserved areas Project supports 2030 goal of 10,000 MW solar capacity and wider energy access Zambia has launched a $40 million solar energy project to install 50 megawatts of solar power across 209 public institutions,...

Ucamwal plans three new funds in Côte d’Ivoire, including Halal and women-focused options Two mutual funds—Ucamwal Diversified and Ucamwal Bond—already launched Projects target diverse investors and align with regional economic priorities United Capital Asset Management West Africa (Ucamwal), the Ivorian subsidiary of Nigerian financial group United Capital, is developing...

Burkina Faso to expand vocational education to support industrial growth Plan targets skilled labor shortages and youth unemployment Strategy seeks to align education with market demand and productivity As several African countries accelerate industrialization, vocational training is becoming a key tool for building technical skills and creating sustainable jobs. On June 14,...

IMF forecasts Namibia's GDP growth at 3.75% in both 2025 and 2026. Recovery supported by improved weather, boosting agriculture and energy. Weak global demand, structural issues, and diamond market limit momentum. The International Monetary Fund (IMF) projects Namibia's economy to grow by 3.75% in 2025 and 2026, according to a forecast released on June 17, 2025. The recovery is...

Dangote will begin selling gasoline and diesel directly to customers, bypassing middlemen The group is launching its own logistics fleet and CNG fueling stations nationwide A credit system for bulk buyers aims to win loyalty and ease cash flow pressures Starting August 15, Dangote Group will begin selling gasoline and diesel directly to gas stations, factories, transport operators,...

• New oil find in Abu Sennan yields 1,400 barrels of crude and 1 million cubic feet of gas per day• Egypt invests $1.2 billion to drill 110 wells in 2024/2025 fiscal year• Onshore focus aims to secure energy supply and support local producers Egypt is increasing its efforts to discover new oil and gas fields as it faces a serious energy crisis. Natural gas production has dropped...

• Access Holdings finalises deal to take over Standard Chartered Bank Gambia• Standard Chartered ends its 130-year presence in the Gambian banking market• Acquisition follows Access Holdings' recent purchase of National Bank of Kenya Access Holdings, the Nigerian financial group, has officially completed its acquisition of Standard Chartered Bank Gambia. The deal was approved by the...

• Africa No Filter study links negative perceptions to weak consumer interest abroad• Over 40% of Africa-related associations in US and UK were seen as negative• Positive narratives proved more effective than stereotype denial in shifting views Stereotypes about Africa continue to shape how the continent is perceived in the United States and the United Kingdom, limiting demand for African...