The decline in inflation, mainly driven by falling energy and food prices on the global market, is expected to give a fresh push to easing monetary policies and stimulate economic growth across the continent. Inflation in Africa is expected to slow down in the coming years, dropping from an average of 16.1% in 2024 to 12.6% in 2025 and 9.9% in 2026, according to a March 17 report by the United...

Blencowe Resources is developing the Orom-Cross project, Uganda’s first graphite mine. Graphite is a key material for electric vehicle batteries, and Africa’s reserves are drawing interest from companies like Tesla. On March 19, 2025, Blencowe announced a non-binding memorandum of understanding with Apollo Energy Systems. Apollo, a Florida-based company specializing in lead-acid battery...

As Ethiopia seeks to enhance its industrial gold production, various initiatives are aligned with this ambition. Among them is the Tulu Kapi project, which aims to start production by 2026 with an annual output of 140,000 ounces. KEFI Gold and Copper is moving closer to securing the $240 million needed to develop the Tulu Kapi gold mine, in Ethiopia. The company announced on March 18 that...

Ivorian Minister of Digital Transition Kalil Konaté met with a delegation from the French Development Agency (AFD) on March 17 to discuss future collaboration on the country’s growing digital landscape. The meeting, led by Haye Adrien, AFD’s director in Abidjan, focused on key projects aimed at shaping the nation's digital future. Main points include the development of digital...

The Democratic Republic of Congo has imposed quotas on cobalt production and stockpiles accumulated during the four-month export suspension initiated in February 2025. Prime Minister Judith Suminwa Tuluka announced this decision on March 14 during a Council of Ministers meeting. As noted by Bankable.africa, the quotas will affect cobalt exports and local processing. The government did not...

The Ivorian government continues to maintain investor confidence. Just days ago, it completed a bond exchange worth $746.7 million on the WAEMU market. Côte d’Ivoire has raised CFA147.7 billion (about $244 million) from the regional financial market, reaffirming strong investor interest despite rising borrowing costs. During the March 18 auction, yields on three-year bonds climbed...

In recent years, the Ivorian government has introduced several measures to protect household purchasing power and curb the rising cost of living. According to the National Statistics Agency, per capita gross disposable income reached CFA1.03 million in 2022. Household purchasing power in Côte d’Ivoire grew by 22.2% between 2015 and 2022, according to the National Statistics Agency (Anstat)....

Eyes are on French authorities to see how they handle this complaint. In two of the five cases, one was dismissed, and the other led to a settlement. The plaintiffs want what they consider stolen funds to be returned to the African communities affected. A coalition of 11 non-governmental organizations from five African countries has filed a complaint in France against the Bolloré Group,...

The operation, which aimed for about CFA 400 billion, exceeded expectations. Côte d'Ivoire has successfully completed a CFA 450 billion ($746.7 million) bond exchange on the West African Economic and Monetary Union (WAEMU) market. The operation, which exceeded the initial CFA 400 billion target, was designed to reschedule part of the country’s 2025 debt payments by offering investors new...

The IMF notes that the measures introduced under the RSF program will help Morocco better manage its limited water resources, further open up the electricity sector, and address the climate risks threatening the country's fiscal stability and financial system. The International Monetary Fund (IMF) approved yesterday a $496 million loan for Morocco. This loan is part of a larger $1.3...