Africa's mobile broadband rate rose from 20% in 2015 to 52% in 2023 Internet use remains lowest globally at 38% in 2024, vs. 68% global average High costs, poor infrastructure, and urban-rural gaps hinder progress Africa’s mobile broadband subscription rate rose by 160% between 2015 and 2023, climbing from 20% to 52%, according to the International Telecommunication Union (ITU)....

World Bank approves $1.5B loan to support reforms and infrastructure in South Africa Funds to help add 3,500 MW of renewable capacity, 200 km of transmission lines Energy crisis has cut potential GDP by 20% since 2008, says PIC South Africa has secured a $1.5 billion loan from the World Bank to support structural economic reforms and improve infrastructure, the...

$500 million project to set up vaccine and pharma centers with Chinese tech  Aims to cut imports, boost jobs, and make Kenya a health manufacturing hub Healthcare budget rises to $1.58B; key reforms include universal coverage Kenya and China plan to establish local vaccine and pharmaceutical production centers using Chinese technology, the Kenyan Ministry of Health...

Regulatory gaps hinder electricity access for 600 million Africans Lack of shared rules slows regional energy trade and raises project risks Standardization efforts underway but structural barriers remain Harmonizing energy rules could support electricity interconnection projects, enable regional trade, and help build a competitive market. These points were raised by an expert...

5G offers higher speeds than 4G and supports high-capacity applications like telemedicine, digital education, and smart agriculture. Improved connectivity will empower both government services and private businesses to deliver more efficient, real-time solutions, especially in health, education, and financial inclusion Zoodlabs SL, a company that provides high-speed internet services through a...

Afreximbank rejects Fitch’s credit rating cut, citing legal limits on debt actions Bank says its financials follow global standards and its risk controls remain solid African Peer Review Mechanism backs Afreximbank, questions Fitch’s sovereign loan view Afreximbank responded today to Fitch Ratings’ recent downgrade of its long-term credit rating from BBB to BBB- with a...

• SODEN and Dutch fund CFM to build 76 MW biomass plant using farm byproducts• Cocoa and rubber waste to fuel grid-connected renewable power and biofuels• Govt targets 45% renewables in energy mix by 2030, mobilizing $2B in investment Côte d’Ivoire is advancing its energy transition strategy by leveraging agricultural waste from cocoa and rubber production. On June 3, 2025, in...

• EU adds four African projects to its strategic list for critical mineral supply• Projects include rare earths in Malawi and South Africa, graphite in Madagascar, and cobalt refining in Zambia• Local processing rules and global competition push EU to rethink its funding and trade policies The European Union is stepping up efforts to secure critical minerals from Africa, but experts say it...

Investments in data centres contribute to GDP growth, job creation, and digital sovereignty. It helps close the infrastructure gap, meets cloud demand, supports environmental sustainability, and strengthens Africa’s position in the global digital value chain. Teraco, a South African data centre operator, announced on June 3 the completion of its eighth data centre development, JB5, located at...

• Applications open until June 27 for AI-focused Llama Impact Accelerator• Program supports startups in Nigeria, Kenya, South Africa, and Senegal• Aims to drive AI solutions in sectors like health, education, and agriculture Applications are now open for the Llama Impact Accelerator 2025, a regional program targeting African startups developing local solutions using artificial...